fashion + beauty + insider interviews + est 2006
Wednesday, August 08, 2007
WANT A PIECE OF CAVALLI?
well this might be your chance. the tackylicious designer is considering taking his company on the stock market. this means everyday fashionista's like you and i could own a stock in the company. accordingto wgsn.com, the company has already appointed investment firm, merrill lynch to look into the possibility. if they do decide to go the stock route, the company and mr. cavalli could really cash in. according to media estimates the cavalli brand is worth an estimated $1.7 billion. not bad for selling sequins and neon lycra. companies like prada and versace are said to be considering similar moves.
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