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.
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)