Dubai Property Tycoon Buys Italian Fashion Brand Roberto Cavalli

Roberto Cavalli was previously controlled by the Italian private equity company, Clessidra Sgr.

(Bloomberg) -- Damac Properties PJSC’s chairman bought Italian fashion group Roberto Cavalli SpA through his private investment firm.

Hussain Sajwani’s Vision Investments completed the acquisition of the Florentine brand on Thursday, according to a statement. It didn’t provide a for the deal.

Read more: Dundas to Leave Roberto Cavalli Amid Fashion House Overhaul

Roberto Cavalli was previously controlled by the Italian private equity company, Clessidra Sgr.

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