Chiara Ferragni’s Manufacturer To Take On Just Cavalli



OTB is set to exit a license agreement with Italian brand Roberto Cavalli for its junior line Just Cavalli.

Cavalli will transfer production and distribution of the line to a new partner, Swinger International, starting with the spring-summer 2023 season, the company said. Verona, Italy-based Swinger’s other brands currently include Versace Jeans Couture and Chiara Ferragni.

Cavalli has been working to relaunch its business under a new designer, Fausto Puglisi, and new CEO Ennio Fontana since real estate developer Damac acquired the debt-saddled fashion house in a court-managed proceeding in 2019.

One of Damac’s first moves was to use the Cavalli name for a $545 million tower that the developer is currently building in Dubai.

Cavalli and Diesel-parent OTB declined to disclose the financial terms of the deal to end Just Cavalli’s license. OTB subsidiary Staff International had operated the line since 2012.

Learn more:

Diesel’s Comeback Reignites Ambitions to Build an Italian Fashion Empire

OTB founder Renzo Rosso says he’s eyeing bigger acquisitions and an IPO within 3 years in a bid to create an Italian alternative to fashion’s big French groups. But first the momentum at his flagship jeans brand needs to stick.



Credit: Source link

Discover

19,463FansLike
232,230FollowersFollow
75,250FollowersFollow
13,831FollowersFollow
2,920SubscribersSubscribe

Sponsor

spot_imgspot_img

Latest

Kate Beckinsale came out in a dress that emphasized all her virtues

48-year-old Kate Beckinsale seems to be frozen at the same age and...

Edita Vilkeviciute Vogue Greece June 2022

During the summer months, we expect our favorite fashion glossies to transport us to idyllic sun-drenched locations making us yearn for a vacation....

Bella Hadid’s Translucent Top And Bleached Eyebrows Harken Back To

Bella Hadid 's personal style defies easy categorization into normcore or "minimalism" because...

Everyone Is Talking About Florence Pugh’s Perfect Nude Lipstick

Starring opposite Harry Styles in the upcoming film Don’t Worry Darling, directed by Olivia Wilde, Florence Pugh is topping headlines left and...

Edita Vilkeviciute ELLE France July 14 2022

ELLE France has been slaying the game lately. We simply can’t get enough of the magazine’s weekly offerings featuring everyone from Anja Rubik...
en English
X