MILAN — Roberto Cavalli has called off the sale of his namesake fashion label because of market conditions.
The designer told the Italian financial daily Il Sole 24 Ore that valuations of his business based on current earnings multiples fell short of his expectations, and he will not revisit a possible sale before 2009.
Hermès is launching a Laundromat pop-up shop in NYC - dubbed Hermèsmatic - where customers can bring their old scarves to be dip-dyed by an expert. Get all the details on WWD.com. #wwdnews (📷: @donstahl)