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.
Luxury-goods companies should brace for weaker growth in 2012 as Europe’s sovereign debt crisis leads to a slowdown in spending, according to Gianluca Brozzetti, chief executive officer for designer Roberto Cavalli.
Gianni Versace SpA and Roberto Cavalli SpA are among Italian companies that may be takeover targets in coming months, Corriere della Sera reported, citing a survey of merger and acquisition experts.
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.