Italian Fashion Designer Roberto Cavalli Dies Aged 83

FILE PHOTO: Italian designer Roberto Cavalli acknowledges applause on the catwalk with US model Cindy Crawford at the end of his Autumn/Winter 2002/03 collection at Milan fashion week March 4, 2002. REUTERS/Paolo Cocco/File Photo
FILE PHOTO: Italian designer Roberto Cavalli acknowledges applause on the catwalk with US model Cindy Crawford at the end of his Autumn/Winter 2002/03 collection at Milan fashion week March 4, 2002. REUTERS/Paolo Cocco/File Photo
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Italian Fashion Designer Roberto Cavalli Dies Aged 83

FILE PHOTO: Italian designer Roberto Cavalli acknowledges applause on the catwalk with US model Cindy Crawford at the end of his Autumn/Winter 2002/03 collection at Milan fashion week March 4, 2002. REUTERS/Paolo Cocco/File Photo
FILE PHOTO: Italian designer Roberto Cavalli acknowledges applause on the catwalk with US model Cindy Crawford at the end of his Autumn/Winter 2002/03 collection at Milan fashion week March 4, 2002. REUTERS/Paolo Cocco/File Photo

Italian fashion designer Roberto Cavalli, known for his animal-print designs loved by showbusiness stars, has died at the age of 83, his company said.
Cavalli, who founded his label in the early 1970s, had been ill for some time. He is survived by his six children and his partner Sandra Bergman Nilsson.
"The Roberto Cavalli company shares condolences with Mr. Cavalli's family, his legacy remains a constant source of inspiration," Sergio Azzolari, chief executive of Roberto Cavalli, said in a post on Instagram.
The designer died on Friday at his home in Florence, Italian news agency ANSA reported.
Cavalli, who used bright colors and patchwork effects in his often revealing creations, was an extroverted art lover who wore tinted glasses and smoked a cigar, Reuters reported.
He expanded into real estate and often spent evenings in his popular "Just Cavalli Cafe," a nightclub in central Milan.
Giorgio Armani said he always had "enormous respect" for Cavalli even though his vision of fashion could not have been more different.
"Roberto was a true artist, wild and wonderful in his use of prints, capable of transforming fantasy into seductive clothes," he posted on social media platform X.
A popular image of US model Cindy Crawford in July 2000 shows her descending Rome's Spanish steps in a Cavalli-designed long slip dress depicting a tiger face.
"You will be missed and you are loved by so many that your name will continue on, a beacon of inspiration for others, and especially for me," said Roberto Cavalli's creative director Fausto Puglisi.



LVMH Sales Grow 1% in Second Quarter, Missing Estimates

This photograph taken on January 25, 2024 shows the logo of World's top luxury group LVMH during presentation of its 2023 annual results in Paris, on January 25, 2024. (AFP)
This photograph taken on January 25, 2024 shows the logo of World's top luxury group LVMH during presentation of its 2023 annual results in Paris, on January 25, 2024. (AFP)
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LVMH Sales Grow 1% in Second Quarter, Missing Estimates

This photograph taken on January 25, 2024 shows the logo of World's top luxury group LVMH during presentation of its 2023 annual results in Paris, on January 25, 2024. (AFP)
This photograph taken on January 25, 2024 shows the logo of World's top luxury group LVMH during presentation of its 2023 annual results in Paris, on January 25, 2024. (AFP)

LVMH, the world's biggest luxury company, posted a 1% rise in organic sales in the second quarter on Tuesday, missing analyst estimates, and likely adding to investor jitters about slowing growth in the sector.

Sales at the French group, owner of labels Louis Vuitton, Tiffany & Co. and Hennessy, grew to 20.98 billion euros ($22.8 billion), a 1% rise on an organic basis, which strips out currency effects and acquisitions.

The figure fell below analyst expectations for revenues of 21.6 billion euros, according to an LSEG poll based on six analysts.

The report from luxury sector bellwether LVMH, which is Europe's second-largest listed company, worth around 340 billion euros, comes amid concerns about weak sales of designer fashions in the sector's key market, China.

The group's fashion and leather goods division, which includes the Louis Vuitton and Christian Dior brands and accounts for nearly half of group sales and the bulk of operating profit, grew 1%, slowing slightly from the previous quarter's 2% rise.

"While remaining vigilant in the current context, the group approaches the second half of the year with confidence," said LVMH Chairman and Chief Executive Officer Bernard Arnault in a statement.