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Roberto Cavalli’s Floundering Fashion House Acquired by Dubai-Based Property Group

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Putting to rest months of bankruptcy rumors and speculation, the famed yet struggling house of Roberto Cavalli has been purchased by a Dubai-based property developer. Roberto Cavalli SpA has inked a deal with Vision Investment Co. LCC, led by Hussain Sajwani, the founder of Damac Properties Group. For an undisclosed amount, Vision Investment has agreed to purchase…

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