The Italian Fashion house is on the lookout for a strategic investor; owner and designer Mr. Cavalli is currently treating with the big groups from the luxury industry and also with foreign investors in the Middle East and Asia.
Unfortunately this has overlapped with the international crisis, putting the company into an extremely difficult situation. This is also the reason for the cancellation of the Just Cavalli fashion presentation this weekend.
This comes as a surprise as Just Cavalli is generating most of the company’s income.
More from ANALYSIS
The world’s billionaire population and their combined wealth reached record highs in 2017, boosted by strong performances across major economies …
A recent report by Parklu has revealed that Chanel, Gucci and Dior are the most popular luxury brands on Chinese …