After weeks of speculation, the name of the new owner of Roberto Cavalli S.p.A. has been revealed: It is Vision Investment Co. LLC, controlled by Hussain Sajwani, the founder and chairman of the Damac Properties Group.
Vision Investment has signed a binding contract with the Florence-based fashion company and its shareholder Varenne 3 to acquire 100% of the firm. Financial details and the amount of the debt were not disclosed, although sources peg the transaction at around 160 million euros.
Damac Properties was ranked number one on the Forbes 2017 Global 2000 list of the fastest growing global companies based on the compound annual growth rate of revenues from 2013 to 2016, according to Wikipedia. In the Forbes 2018 rankings, Sajwani was the world’s fourth richest Arab with a net worth of $4.1 billion.
Elvis is alive Authentic Brands Group, the owner of the rights to the late singer’s name, and Bellevue Brands have partnered to launch the Elvis Presley fragrance collection this fall, a line of scents for men and women.
Chanel has acquired a stake in Italian tannery Samanta, a specialist in printed leather, as it continues to secure its supply chain in the face of a growing shortage of high-quality leather.
L’Oréal is diving deeper into the designer perfume business, disclosing Tuesday that it’s in exclusive talks to acquire the Mugler fragrance and fashion businesses, and the Azzaro fragrance brand and accessories. It sets the stage for the world’s biggest beauty company to dabble in fashion once more, while Groupe Clarins will exit the perfume and ready-to-wear markets altogether to focus on skin care.
Friends of the walks in poetry, here is the secret garden of Franck Sorbier … It is the first magic note played on the silver rope of a heart in summer, the caress of the eyes of the whole Fashion Week, a message which delivers the ineffable and exhilarating secrets of the week. 
Francesca Bellettini succeeds Chanel’s Bruno Pavlovsky as president of the governing body of women’s fashion in France. Saint Laurent chief executive officer Francesca Bellettini has been elected president of the Chambre Syndicale de la Mode Féminine, the governing body of women’s fashion in France.
With the Givenchy collection she showed on Tuesday night, Clare Waight Keller indicated a shift from the more clearly clinical perspective from which she created her first three couture collections for Givenchy, creating some quite beautiful clothes along the way, to that of a storyteller who now also buys into the wonderment of couture. Backstage post-show, she didn’t lead with the importance of precision cuts or modernist restraint. Rather, she dubbed the collection Noblesse Radicale.
A giant Jack and the Beanstalk faux redwood in charcoal creeping up four floors up through the stairway, fabulous black and white paintings and a string quartet in white Grecian robes playing Vivaldi. Ironically, the show was staged just days before the house begins a massive reconstruction of its historic headquarters on Avenue Montaigne. 
Following its debut in pink, the Reebok Experiment 3 by Pyer Moss will be returning in a white colorway. Pyer Moss was founded in 2013 by Kerby Jean-Raymond. Jean-Raymond describes the brand as an “art project” or “a timely social experiment” at times. Pyer Moss aims to use its voice and platform to challenge social narratives and evoke dialogue.
Following the launch of the sustainable initiative Paris Good Fashion in January, founder Isabelle Lefort received a flood of reactions to the project, which was sparked by the city of Paris and supported by the Institut Français de la mode, LVMH Moët Hennessy Louis Vuitton and the Galeries Lafayette.
Carol Lim and Humberto Leon were bidding a poignant farewell after nearly a decade as creative directors. The moving retrospective, which opened and closed the show, was choreographed by Léo Lerus. Some 5,000 guests attended, including members of the public, fashion students and Kenzo staff.
This show was an Olivier Rousteing spectacular, with the designer joining the city’s annual Fête de la Musique in Paris on the longest night of the year, and inviting a 2,000-strong (Ego forces) crowd to watch his men’s runway outing and outdoor concert. 
Off-White opened the second day of Paris Fashion Week with a controversial show. The subject of the debate wasn’t the clothes but the end of the presentation. Rewind.
On Wednesday, Lauren was given an honorary KBE, or Honorary Knight Commander of the Most Excellent Order of the British Empire, for services to fashion during a private ceremony at Buckingham Palace.
Kering has named Bartolomeo Rongone as chief executive officer of Bottega Veneta, succeeding Claus-Dietrich. Rongone’s appointment will be effective beginning Sept. 1, making him the third former Saint Laurent executive to take on a ceo role at Kering.
Accademia del Profumo, the Italian association of cosmetics companies promoting the history of perfume, culture and art, named its annual award winners here on Tuesday.
Carven was acquired by Icicle Group in October 2018 with the aim to relaunch and redeploy the Carven brand, activities and collections in France, China and the international market. This major hire, conducted with the assistance of an Executive Search Firm, is a first step which demonstrates the will of the Icicle Group to give Carven the leadership it deserves to ensure its development in addition to the strength and synergies the Icicle Group will provide to the French Fashion House.
I like to try to push the boundaries of an identity of a garment,” said Francesco Malandrini, winner of the Supernature: Polimoda Fashion Show 2019, held Tuesday night at the Manifattura Tabacchi in Florence on the occasion of Pitti Uomo.