By  on November 28, 2019

MILAN — Roberto Cavalli now officially has a new owner.

The acquisition of the brand was finalized on Thursday, as the founder and chairman of Dubai-based Damac Properties, Hussain Sajwani, confirmed the purchase of 100 percent of the Italian fashion house through his private investment company Vision Investments. Vision Investments, part of the Dico Group, is an evolution of a partnership that was signed in 2017 between Cavalli and the Dico Group for the development of Cavalli interiors for luxury hotels under the Aykon moniker.

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