MILAN — Roberto Cavalli said he met again on Tuesday night with Clessidra SGR SpA representatives, who laid out what he called an “interesting plan” for his fashion house — but declined to divulge details.
Cavalli is in talks with the Italian private equity fund to sell 20 percent of his company. But as the talks focus on more concrete details, the designer said a question mark continues to hang over his head as to whether selling is the right thing to do, especially in a downturn when company valuations are low.
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?"