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Dubai Property Tycoon Buys Italian Fashion Brand Roberto Cavalli

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

Dubai Property Tycoon Buys Italian Fashion Brand Roberto Cavalli
A Roberto Cavalli SpA tag is attached to a T-shirt displayed at The Swank store in Hong Kong, China. (Photographer: Jerome Favre/Bloomberg)

(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 value for the deal.

Dubai Property Tycoon Buys Italian Fashion Brand Roberto Cavalli

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

To contact the reporter on this story: Shaji Mathew in Dubai at shajimathew@bloomberg.net

To contact the editor responsible for this story: Claudia Maedler at cmaedler@bloomberg.net

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