MILAN – Italian fashion brand Roberto Cavalli is assessing “strategic partnerships” as part of growth options, the company said on Tuesday, after Italian media reported that its owner was exploring a sale or opening up to an outside investor.

“Cavalli is working to find the best path to growth, which includes exploring strategic partnerships. This process will be carried out with the participation of all relevant stakeholders”, a statement said.

The company is owned by Auriel Investment SA, controlled by Dubai’s Hussain Sajwani.

News Credits- Reuters