DUBAI: Dubai-based property developer Damac Properties has bought Italian fashion brand Roberto Cavalli, according to media reports on Wednesday.

The investment company Vision Investment Co.LCC that is controlled by the founder of Damac Properties Group, Hussain Sajwani, has signed a binding agreement to obtain 100% of Roberto Cavalli S.p.A. for an undisclosed amount, WWD reported.

Previously, DAMAC partnered with Roberto Cavalli to build a fashionable collection of luxury villas in Dubailand boasting a “Just Cavalli” interior design.

 

Copyright: Arab News © 2019 All rights reserved. Provided by SyndiGate Media Inc. (Syndigate.info).

Disclaimer: The content of this article is syndicated or provided to this website from an external third party provider. We are not responsible for, and do not control, such external websites, entities, applications or media publishers. The body of the text is provided on an “as is” and “as available” basis and has not been edited in any way. Neither we nor our affiliates guarantee the accuracy of or endorse the views or opinions expressed in this article. Read our full disclaimer policy here.