Roberto Cavalli posts 4,2 percent revenue increase for 2014
Italian fashion house Roberto Cavalli confirmed last week it was confident talks with private equity firm Clessidra for the sale of a majority stake could be finalised as scheduled. Roberto Cavalli and Clessidra in December announced they had started exclusive talks and had until March to reach an accord. Cavalli said it had revenues of 209.4 million euros ($238 million) in 2014, up 4.2 percent from a year earlier. At the end of 2014, Roberto Cavalli’s retail network included 190 mono-brand stores worldwide, of which 41 directly operated stores. In December, Roberto Cavalli opened new stores in Macau and Bangkok.