CAVALLI TO SELL CLOTHING LABEL, BUT 2 BILLION IS NOT ENOUGH

the designer in all his botoxed glory, with his signature cigar in hand. (wikimedia.org)

a recent cavalli ad which shows the slick and sleep party spirit of his clothing. (punkypenny.com)

italy - roberto cavalli, whose bold, sheer, bias dresses are loved by celebs, is looking to sell part of his company. according to media reports, he has been looking looking for a majority buyer for is label since last year and has already hired american investment firm, merrill lync, to look for potential investors. some who have already expressed interest are blackstone capital partners, permira advisors and carlyle group. whoever wins the bid, they better bring the bucks. cavalli just told italian newspaper il sole that $2.15 billion (that's what merrill lynch says the company is worth) is not enough. "for that price," he told them, " i won't even sit down at the negotiation table." gangsta!

while researching this story i came across these cool phones - i'm not even being sarcastic! - which were designed by cavalli three years ago. i doubt they are still on the market, but just had to share. (textually.org)