The Italian fashion house Roberto Cavalli has announced that it will evaluate possible strategic partnerships in order to target future growth. The announcement was made as part of the ongoing restructuring measures of the brand, which has been owned by the Emiratic entrepreneur Hussain Sajwani since 2019.
In a statement to the Reuters news agency, it said: “Cavalli is working on finding the best way to grow. This includes the examination of strategic alliances. This process is carried out with the participation of all relevant shareholders: inside.”
Since the takeover by Sajwani, the company has focused on implementing a renovation strategy approved by Italian dishes. An essential focus is on the expansion of the brand presence in the Middle East. For example, the label was involved in real estate projects and presented itself at events such as the Dubai Fashion Week.
At the same time, Cavalli opens up new business areas. These include a license partnership for a collection in the area of home & living, cooperation with pop culture -relevant brands such as skims and the opening of new stores in Europe, Asia and North America.
The fashion house is currently led by creative director Fausto Puglisi and CEO Sergio Azzolari, who was appointed in 2023 with a view to its extensive transformation experience and its result orientation.
The latest business figures indicate a successful course: for 2023, the company reported sales of 120 million euros, a significant increase compared to the 80 million euros a year earlier.
This article was used with digital tools translated.
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