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May 01, 2006
Rumors Swirl Around Cavalli Sale
Italian fashion house Roberto Cavalli is reportedly being courted by private equity funds, according to a report out Monday.
Private equity groups have taken a keen interest in the fashion business lately, and have set their sights on companies such as Jones Apparel Group and Tommy Hilfiger.
Cavalli has not confirmed whether or not an equity group might scoop it up, but valuations of the brand are estimated at over $1 billion.
Posted by Blacks on May 1, 2006 07:47 AM
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