VIKTOR & ROLF has had an injection of Diesel power – fashion heavyweight Renzo Rosso has purchased a majority stake in the cult Dutch fashion label.

The two powerhouses have reportedly been in talks since September 2006, but have been taking things slowly to ensure the deal – of which details have not been disclosed – is right for both parties.

Design duo Viktor Horsting and Rolf Snoeren have admitted they were impressed by Diesel boss Rosso’s handling of Maison Martin Margiela, a similarily concept-led label, which his Only the Brave holding acquired in 2002…