Fashion House Roberto Cavalli Closes its U.S. Stores

JOE KEENAN | April 2, 2019

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The ailing Italian luxury fashion house Roberto Cavalli has shuttered its North American operations, hours after the brand said it was seeking a deal with creditors to stave off a bankruptcy filing and less than a week after the departure of its creative director, Paul Surridge. On Friday, the brand confirmed that it intended to file a plan with Italian courts that would allow the business to keep running while it secured new investors or ownership. The fashion house, headquartered in Florence and famous for its flesh-baring, flamboyant designs, has fallen from favor with its fan base in recent years, struggling to turn around falling sales and to maintain its profile in an increasingly competitive global luxury market dominated by the major conglomerates.

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The MYSALE Group PLC is an aggregate of 11 online shopping destinations, across 8 countries. At it’s epicentre, pureplay giant OZSALE, is Australia’s largest online, discount department store.

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