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Roberto Cavalli’s CEO is stepping down as the brand’s Dubai-based owner begins the search for a strategic partner to help complete a long-running turnaround at the loss-making label, sources said.
The Italian fashion house was acquired out of bankruptcy in 2019 by property tycoon Hussain Sajwani’s conglomerate Damac Group. The move was billed as a significant strategic step, building on an existing partnership that saw the brand lend its name to interiors for some of Sajwani’s luxury…
