VTB Capital, the investment arm of sanctioned Russian lender VTB Bank, has made a cash payment to secure a deal to buy most of Italian fashion house Roberto Cavalli before the end of November, two sources familiar with the situation said.
The Savigny Luxury Index fell sharply over the month, losing 4.2 percent versus a flat MSCI World Index, as the industry suffers from a general slowdown and a red alert situation in Hong Kong.
Current market reports indicate that private equity firm Permira Advisers is aiming to sell its majority stake in Hugo Boss and re-opening talks to invest in Roberto Cavalli. What lessons can private equity firms learn from the company’s last major fashion investment?
Permira Advisers LLP has approached Roberto Cavalli SpA about a possible acquisition of a stake in the Italian fashion house, two people familiar with the matter said.
GENEVA, Switzerland — A group of investors led by Swiss watchmaker Franck Muller is preparing to make an offer to buy a stake in Italian fashion house Roberto Cavalli, people familiar with the matter said.
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.
BREGANZE, Italy — The Italian owner of jeans maker Diesel SpA declined to rule out a move for Roberto Cavalli as it seeks to add to its roster of fashion brands and position itself as an “alternative to luxury” group.
LONDON, United Kingdom — Today, BoF brings you the next instalment of "When They Were Kids," a cartoon series depicting fashion figures as children, created by our friend Fashion Cartoonist.
MILAN, Italy — As Milan Fashion Week continues, our trusty contributing photographer Sonny Vandevelde provides us with behind-the-scenes photos from the Pucci, Bottega Veneta, Versace, Jil Sander, Trussardi, Roberto Cavalli and Emporio Armani shows.
No longer confined to the fringes of fashion, the goth aesthetic is being mined by a wider spectrum of designers, observes Eugene Rabkin.
MILAN, Italy — Italian fashion house Roberto Cavalli reported a 20 percent rise in first-half core earnings, boosted by new outlets and rising royalties, it said on Thursday.
MILAN, Italy — Cavalli Group, the Italian fashion house that dressed actress Jennifer Hudson at the Oscars, ruled out selling a stake any time soon, resisting interest from industry buyers, wealthy families and private-equity firms.