MILAN — The expansion of its retail network and new licenses, with an acceleration of the newly relaunched Just Cavalli line, helped lift profits and revenues at the Roberto Cavalli Group in the first half.
In the period ended June 30, earnings before interest, taxes, depreciation and amortization rose 19.6 percent to 8.7 million euros, or $11.4 million, compared with 7.3 million euros, or $9.4 million, in the same period last year. Revenues gained 7 percent to 97 million euros, or $127 million, compared with 90.7 million euros, or $117 million.
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?"