Western eyes have drawn inspiration from “exotic” Asian images since the seventeenth century. With the opening of “China: Through the Looking Glass” at the Met, fashion historians—and filmmaker Wong Kar Wai, the exhibition’s artistic director—turn the mirror around.
ROBERTO CAVALLI has been sold to Clessidra SGR in a deal that sees the private-equity firm acquire 90 per cent of the Italian fashion house. Talks between the two companies previously broke down in 2009, allegedly as a result of a disagreement over price.
It was March 2014 when industry rumours re-surfaced about the sale of Cavalli’s eponymous house, with numerous investors named as potential suitors, including the VTB Capital arm of Russian investment bank VTB Group and private equity fund Permira.