Roberto Cavalli reports 4 percent increase in turnover for 2012, to 185 million euros
Italian luxury house of Roberto Cavalli reports positive results for 2012, with a 4% increase in its turnover which reached a total of 185 million euros, and an 11% growth in its ebtida. Directly operated stores registered a 72% sales increase while mono-brand franchises increased their sales by only 23,4%.
Sales have been boosted from new store openings – Madrid, Hong Kong (Pacific Place), Beijing, Shanghai and shop in shops in Tokyo (Isetan Mall) and Osaka (Hankyu Umeda Mall). Roberto Cavalli also took over operations of its second store in Hong Kong and the one inTaipei, previously, both in franchising.
In 2012 has pursued the expansion of its Cavalli Cafes through its joint venture with Lebanese based Pragma Group – two new openings in 2012 Cavalli Cafe in New Delhi and in Beirut.