Sources Say Roberto Cavalli Nearing €450 Million Sale to Permira

Roberto Cavalli 2014 | Source: Cavalli

LONDON, United Kingdom — Italian designer Roberto Cavalli is in advanced talks to sell a majority stake in his eponymous fashion house to London-based buyout firm Permira in a sale worth about 450 million euros ($621 million), four sources close to the deal told Reuters.

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LVMH and Others to Invest 83 Billion Yen in Mori Building, Ginza

Tokyo's Ginza District | Source: Shutterstock

TOKYO, Japan — Mori Building Co., Japan’s biggest closely held developer by sales, and LVMH Moet Hennessy Louis Vuitton SA, the world’s largest luxury-goods maker, are part of a group that will develop a retail and office complex in Tokyo as they anticipate increasing consumer spending.

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