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Marquee Brands signs agreement with Damac Group to acquire majority stake in Roberto Cavalli

Marquee Brands has announced a definitive agreement to acquire a majority stake in Roberto Cavalli, through a strategic partnership with the Dubai-based Damac Group. Closing of the transaction is expected in the second quarter of 2026 The transaction is expected to close in the second quarter of 2026, after which Damac Group will “remain a...

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Member
Business

Tomorrow Group acquired by Italian investor Progetto 11

London-based brand development firm Tomorrow Group has found a new owner in Progetto 11, the Italian holding company of e-tailer The Level Group. Andrea Ciccoli, co-founder of The Level Group, confirmed the news to WWD, stating that the deal would “ensure the operational continuity” of the fashion platform. While financial details were not...

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