MILAN — Much like a modern-day Hamlet, Roberto Cavalli is weighed down by his own dilemma: to sell or not to sell?
While only a week ago the designer said he was “not so sure [he] wanted to sell in the end,” a spokesman for Clessidra SGR SpA said Wednesday that Cavalli has signed a letter of intent with the Milan-based private equity fund for the sale of a minority stake in the house. A deal could be finalized by the end of September, said the spokesman. However, he declined to comment on the terms of the agreement.
A Stella McCartney sketch of a custom dress made from protein-based silk in partnership with biotech lab Bolt Threads. The dress will be displayed at The Museum of Modern Art's upcoming design exhibition, "Items: Is Fashion Modern?"