MILAN — Roberto Cavalli’s new owners, led by Clessidra SGR, have a long-term goal: an initial public offering.
But first, the Italian private equity fund, which with partners has signed an agreement to acquire 90 percent of the Florence-based firm, sees plenty of opportunity to grow the brand. “This is a brand that has a lot of potential with a strong image. There are areas that we can still greatly develop,” said Francesco Trapani, who is taking on the role of chairman of the firm. “It has a good women’s ready-to-wear business that can improve and adjacent categories that are underdeveloped, such as men’s, bags, shoes and accessories. There are big opportunities. Also, geographically, the brand is well-covered in Europe and the U.S., partially in the Middle East and is practically absent in Asia. It is positioned in various market segments and we have no intention of upturning this or the prices, and we will continue to develop them.”
“I feel like the [Emmy] nomination is this absurdly generous bonus to something that I’ve already been excited by for quite some time now,” Darren Criss tells @ktauer about his nomination for his role as Andrew Cunanan in The Assassination of Gianni Versace: American Crime Story, “My general attitude toward life is I hope for everything but expect nothing. But when you’re playing for the Warriors, there’s a good chance you’ll make it to the championships. And I’m not saying I’m Steph Curry, but when you’re on [showrunner] Ryan Murphy’s team, it seems more palpable than ever,” he continues. (Criss previously starred on “Glee,” another Murphy creation, although they didn’t directly work together.) “I feel like I’ve already won the lottery.” Read more in WWD.com (📸: @lexieblacklock ) #wwdeye #darrencriss #americancrimestory #emmys2018
Ganni turned over a new leaf for spring 2019, reports @fionawsma from Copenhagen Fashion Week. Instead of sending its signature floral-print dresses down the runway, the brand collaborated with 66 North, a technical outerwear brand, and produced a chic-yet-utilitarian offering that included a tie-dye vest and short set, and leopard-print pieces sprinkled among the khaki parkas and bucket hats. #wwdfashion #ganni #copenhagenfashionweek