According to media reports, Renzo Rosso, founder of fashion label Diesel, is interested in buying Italy's Roberto Cavalli through his OTB holding company. OTB is one of around 10 players that have expressed interest in Cavalli, which is being advised by Rothschild.
Roberto Cavalli, controlled by private equity firm Clessidra, reported sales of around $172 million last year.
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For years, China reigned supreme as the undisputed king of US apparel imports. While still the largest supplier in aggregate... Read more
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