The Italian fashion house Roberto Cavalli SpA wants to be back in the black in 2024.
At least that’s what CEO Sergio Azzolari told the Italian news platform Milano Finanza. Sales are expected to reach 120 million euros in the current financial year. However, the CEO is aiming to increase sales to 400 to 500 million euros.
Roberto Cavalli SpA was acquired by Vision Investments in 2019. Vision Investments is part of Dico Group, a Dubai-based investment firm.
This translated and edited post previously appeared on FashionUnited.nl.