
Five potential investors showed up for the rescue of Italian fashion house Roberto Cavalli, the company said on Friday without naming the suitors.
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Five potential investors showed up for the rescue of Italian fashion house Roberto Cavalli, the company said on Friday without naming the suitors.
The show staged by Carine Roitfeld to celebrate the 90th anniversary of the Florentine boutique brought together more than 3,000 people on Thursday to celebrate fashion with rhinestones, VIPs and heaps of creativity.
Italian fashion group OTB is planning to invest 200 million euros ($226 million) over the next three years, potentially in acquiring other brands, after boosting its financial strength in 2018, it said on Monday.
Capri Holdings bought the Italian luxury label last January, and is now taking full control. Versace's CFO Donatello Galli has left, replaced by Nicolas Crespin.
A Milan court has granted creditor protection to Roberto Cavalli giving the troubled Italian fashion house up to 120 days to present a turnaround plan, two sources told Reuters on Monday.
Three investors including Italian fashion entrepreneur Renzo Rosso are eyeing a possible bid for luxury label Roberto Cavalli, according to a document filed by the company with a court in Milan.
As the label prepares to file for composition with its creditors on Tuesday, Roberto Cavalli has already suspended its operations in the US, making 93 employees redundant.
The troubled Italian luxury house has announced that it has filed for composition with its creditors, a legal mechanism which will protect the company’s operations as it continues discussions with potential investors.
As rumours about the impending sale of Italian luxury label Roberto Cavalli are increasingly rife, its creative director Paul Surridge has decided to leave the company.
Pitti Uomo is looking back on its 30 years in the menswear industry with a new exhibition.