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Clessidra acquires maison Roberto Cavalli

Clessidra acquires maison Roberto Cavalli

Fashion News: announced today, Clessidra acquires 90% of the Florentine maison Roberto Cavalli. Clessidra SGR, the leading Italian manager of private equity funds, has signed a definitive agreement to acquire a majority equity stake in the Florentine maison Roberto Cavalli.

International investment firm L-GAM and Chow Tai Fook Enterprises Ltd (“CTF”), a holding company controlled by the Cheng family, are co-investors in the company Francesco Trapani is the new Chairman of Roberto Cavalli, Renato Semerari is appointed CEO.

Roberto Cavalli is one of the most familiar Italian fashion brands known worldwide. Founded in Florence in the seventies, the company has become a brand of reference in the international luxury goods market, with about 200 mono-brand boutiques.

Besides its high-end line “Roberto Cavalli”, the brand also designs the young casual “Just Cavalli”, the bridge line “Cavalli Class”, and the kids “Roberto Cavalli Junior” collections. All these women’s and men’s collections are complemented with a wide range of licensed products, including bags, sunglasses, watches, shoes, jewellery, and a fragrance line. Roberto Cavalli also signs an internationally renowned “Home Collection” and is active in the hospitality sector through its network of Cavalli Clubs and Cavalli Cafes. In 2014, the company increased its consolidated turnover to approximately Euro 210 million.

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