Roberto Cavalli US collapses as Expected

Apr 10, 2019Updated Apr 1, 20191 min read

Italian fashion label Roberto Cavalli has shuttered its stores in the US and will liquidate its entire operations in the territory.

While the brand had recently sought to negotiate with creditors while buying to time to source new investment, it has now sent all staff home and will close all stores. Several key executives have resigned, and a spokesperson announced on Sunday that the group will file for liquidation bankruptcy.

The flamboyant fashion house has been inundated with difficulties since former Versace executive Gian Giacomo was appointed CEO in late 2015. The firm has struggled since to gain new investment and experienced a high turnover in its creative team.

The group’s online operations have been shut down until logistics are re-routed through Europe.

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Mei Ling Tan

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Mei Ling Tan is the Editor of Retail News Asia, where she leads the editorial team in delivering in-depth coverage of Asia’s dynamic retail landscape. With over a decade of experience in business journalism, Mei Ling is known for her sharp analysis, deep industry insights, and commitment to uncovering the stories behind Asia’s most innovative retail brands. Before joining Retail News Asia, Mei Ling held senior reporting roles at regional business publications, covering everything from consumer trends to digital transformation in retail. A graduate of the National University of Singapore with a degree in Communications and New Media, she combines journalistic integrity with a strong understanding of evolving market forces. Outside the newsroom, Mei Ling is a frequent speaker at industry panels and a mentor for young journalists.

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