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Roberto Cavalli Owner Said Evaluating Three Bids for Brand

MILAN — Philipp Plein is still in the running to buy the Roberto Cavalli brand — but he is not alone. According to well-placed sources, the Florence-based brand has received three offers.
“The offers are very different and very specific, and all interesting,” one source said. “Plein may seem more compatible in a certain sense, but it has not been selected. The competition is still on. None of the three is in pole position,” underscored the source.
An international fund based in the U.S. is also eyeing Cavalli, according to the sources, while the third bidder is harder to identify. Renzo Rosso’s OTB group, parent of brands such as Diesel and Maison Margiela, was said to have also been interested and “made contact,” but the sources said the group may have not actually submitted an offer. The speculation may have stemmed from the fact that OTB’s Staff International is Just Cavalli’s licensee.
It is understood that, given the different nature of the bidders, the business plans and the strategies to develop Cavalli vary significantly. “[Owner] Clessidra is evaluating which offer makes more sense for the future of the brand,” said one source, adding that no exclusive agreement has been signed with any of the

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Via:: https://wwd.com/fashion-news/designer-luxury/roberto-cavalli-owner-said-evaluating-three-bids-for-brand-1203058598/