Roberto Cavalli files Chapter 7
Luxury fashion house Roberto Cavalli closed all U.S. stores on Friday and is preparing to liquidate its North American operations, which does business as Art Fashion Corp., according to Business of Fashion and confirmed by the New York Times. The company is expected to file Chapter 7 bankruptcy this week, a Cavalli spokesperson confirmed to both publications. The store closures occurred around the same time that multiple news outlets reported Roberto Cavalli is seeking an agreement...
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