Clessidra in talks for buy Roberto Cavalli stake

Private equity firm Clessidra said on Wednesday it was in exclusive talks with Roberto Cavalli to take a majority stake in the Italian fashion house if they can reach an accord by March 2015. Italian equity firm owns high jeweller Buccelati and a stake in affordable luxury Italian fashion brand Harmont & Blaine. Last month, it was announced that talks between Cavalli and Russian based VTB failed.

Roberto Cavalli Fall Winter 2014-15 ad campaign