Marquee Brands has entered a definitive agreement to acquire a majority interest in the Italian luxury fashion house Roberto Cavalli. The New York-based company announced the deal on Wednesday without disclosing financial terms. This marks Marquee's first foray into luxury acquisitions.
Roberto Cavalli was founded in 1970 by the late designer of the same name. The brand gained prominence through high-profile red carpet appearances in the 1990s and early 2000s. Cavalli died in 2024 after stepping down from the label in 2015 and selling a majority stake to private equity firm Clessidra. Dubai-based Damac Properties later acquired full ownership in 2019 and will retain a minority share after the latest transaction. Fausto Puglisi has served as creative director since 2020.