CEO and COO exit Roberto Cavalli and designer assumes executive role
Despite positive results for 2013, Roberto Cavalli SpA announces the departure of its CEO Gianluca Bronzzetti and COO Carlo di Baggio, both at the helm of the company since 2009. Roberto Cavalli Group registered an increase of 9,3% in turnover for 2013 compared to 2012, to a total of 201 million euros. Mono-brand stores registered an exceptional 18,6% sales growth and a final estimated EBITDA to 11 , 2 % of net revenues .
The board of directors has approved the allocations of all operational powers to the President Roberto Cavalli and Adviser to Corporate and Legal Affairs Director – Daniel Corvasce . Finally, the Florentine brand has announced that next February 22 , during the fashion week in Milan, will be inaugurated the new Roberto Cavalli flagship store in Via Montenapoleone.