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Cavalli fashion house may hit stock market

June 20, 2007 at 7:49 PM   |   Comments

FLORENCE, Italy, June 20 (UPI) -- Italian designer Roberto Cavalli, whose fashion house is known for glitz, is talking to potential investors about putting the company on the stock market.

"There are negotiations under way with various fashion groups and certain investment funds. We looking at the possibilities," Eva Cavalli, wife of the house's 62-year-old founder and chief designer, told Italian news agency ANSA.

Cavalli said she and her husband were still deciding whether to offer a majority stake in the label, which now has four lines.

Cavalli, known for incorporating wild animal prints and sexy cuts in his designs, is popular with celebrities such as Victoria Beckham, Kate Moss and Paris Hilton.

The entry of a new partner into the Florence fashion house would "support our growth on new markets like Japan and China," Eva Cavalli said, cautioning that any action would be "taken very carefully."

© 2007 United Press International, Inc. All Rights Reserved. Any reproduction, republication, redistribution and/or modification of any UPI content is expressly prohibited without UPI's prior written consent.
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