Cavalli to grow design unit with luxury project in Bahrain

By: The Associated Press Posted: Last Modified:

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MILAN - The Roberto Cavalli fashion house is looking for future growth in the home decor and furniture sector, with a new project furnishing a luxury residential building in Bahrain.

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Hey there, time traveller!
This article was published 28/11/2018 (2804 days ago), so information in it may no longer be current.

MILAN – The Roberto Cavalli fashion house is looking for future growth in the home decor and furniture sector, with a new project furnishing a luxury residential building in Bahrain.

CEO Gian Giacomo Ferraris said Wednesday that revenues from home furnishings sales have increased to 8 per cent from 6 per cent in 2016, when the Clessidra private equity fund bought a 89.6-per cent stake from founder Roberto Cavalli, who retains the rest. Cavalli’s 2017 revenues were 152 million euros.

Fashion houses like Cavalli, Armani, Fendi and Versace are leaders in home décor, with residential projects in luxury locations around the world.

FILE - This Thursday, Feb. 26, 2015 file photo shows Italian designer Roberto Cavalli speaking to reporters, prior to the start of his Just Cavalli women's fall-winter 2015-16 collection, as part of the Milan Fashion Week, Milan, Italy. The Roberto Cavalli fashion house is looking for future growth in the home decor and furniture sector, with a new project furnishing a luxury residential building in Bahrain. (AP Photo/Luca Bruno, File)
FILE - This Thursday, Feb. 26, 2015 file photo shows Italian designer Roberto Cavalli speaking to reporters, prior to the start of his Just Cavalli women's fall-winter 2015-16 collection, as part of the Milan Fashion Week, Milan, Italy. The Roberto Cavalli fashion house is looking for future growth in the home decor and furniture sector, with a new project furnishing a luxury residential building in Bahrain. (AP Photo/Luca Bruno, File)

Cavalli will completely furnish 247 apartments in the Waterbay luxury high-rise by the Bin Faqeeh Real Estate Investment Company. The waterfront units go on sale in January, ranging up to 2.2 million euros.

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FILE - This Thursday, Feb. 26, 2015 file photo shows Italian designer Roberto Cavalli speaking to reporters, prior to the start of his Just Cavalli women's fall-winter 2015-16 collection, as part of the Milan Fashion Week, Milan, Italy. The Roberto Cavalli fashion house is looking for future growth in the home decor and furniture sector, with a new project furnishing a luxury residential building in Bahrain. (AP Photo/Luca Bruno, File)

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CEO Gian Giacomo Ferraris said Wednesday that revenues from home furnishings sales have increased to 8 per cent from 6 per cent in 2016, when the Clessidra private equity fund bought a 89.6-per cent stake from founder Roberto Cavalli, who retains the rest. Cavalli's 2017 revenues were 152 million euros.

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