Roberto Cavalli Suddenly Closed All Of Its US Stores
On Friday, the Italian fashion house unceremoniously shut its doors to all of its US stores.
Business of Fashion reports the label closed seven full-line stores and a few off-price outlets in preparation to liquidate its North American operations. 93 people in total lost their jobs, and security reportedly ushered employees out of the existing stores.
BoF is also reporting the US corporate team was notified on March 22 tath the North American operation would need to close all doors, resulting in CEO Salavtore Tramuto’s resignation. The e-commerce business will be rerouted through the European business operation, but is temporarily shut down in the meantime.