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.
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.
Ermenegildo Zegna SpA, Salvatore Ferragamo SpA and Roberto Cavalli SpA will increase investment in 2011, signaling greater confidence among Italian luxury-goods makers as demand continues to rise.
Hennes & Mauritz AB is looking to bring back the Lagerfeld effect.
IT Holding SpA, owner of the Gianfranco Ferre fashion label, said Ittierre SpA, its main production and licensing unit, will file for bankruptcy protection after failing to find adequate funding.
Roberto Cavalli SpA, the Italian fashion house known for its animal-print designs, said sales in its own stores grew at least 10 percent in the second quarter, while wholesale orders for spring 2011 showed “a positive trend.”
“Smash” star Megan Hilty wore an animal print Roberto Cavalli dress Saturday night for the 25th Annual Bark Ball at the Washington Hilton.
Gwyneth Paltrow, Sarah Jessica Parker and Kate Hudson squeezed onto a loveseat last night inside a 31-foot-high Tiffany blue box at Rockefeller Center.