• Roberto Cavalli Said Open to New Investors

    3 monthes ago - By WWD

    MILAN - The owners of Roberto Cavalli are taking stock of the performance of the brand and are liking what they see, according to market sources. As a result, Italian private equity fund Clessidra SGR, which took control of the Florence-based brand in 2015, is said to be open to bringing in other investors to inject fresh capital and expand the fashion house.
    One source said “the company's reorganization is over, with revenues picking up and break-even expected for the year, in light of the first six months of 2018,” and that creative director Paul Surridge has been forging a path for the...
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  • Tmall Global Encourages Italian Beauty Brands to Enter the Chinese Market

    3 monthes ago - By WWD

    MILAN - Italian beauty labels Kiko Milano, Deborah Group and Diego dalla Palma Group's namesake line and RVB Lab brand have joined Alibaba Group's Tmall Global marketplace.
    The partnership was officially launched here Friday during Tmall and its consumer-trend division Tmall Discovery's first European conference, dubbed “The Colors of Italian Beauty.”
    Held at the city's Teatro Vetra venue, the conference saw Alibaba's senior management illustrating to 300 European cosmetic operators the trends and business opportunities the Chinese market can offer through the example of the four...
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