Changes are afoot at Roberto Cavalli, where both the chief executive officer, Gianluca Brozzetti, and the chief operating officer, Carlo Di Biagio, have left the company. Even more unusual than a high-level double exit is the news that the two executives will not be immediately replaced. Instead Cavalli himself will share their duties with Daniele Corvasce, the company's corporate legal affairs director.
So, what has prompted this change at the top? Not a drop in sales, since the Italian label posted healthy growth figures - of 9.3 per cent to €201 million - for the year ending December 31, 2013. More curious still, the move seems to represent that most unique of fashion occurrences: an amicable, mutual decision between two parties.
"I appreciated the experience, professionalism and great discipline they brought to the company, so that it could be stronger and ready for future growth challenges," Cavalli told WWD, while Brozetti added: "It's been a great honour to work with one of the biggest creative talents of Italian fashion. In these years, we have appreciated the great talent of the designer and, learning to look at things from different angles, together we have succeeded in creating the growth on international markets that this brand deserves."
The exectutives - who have not yet confirmed their next move - will remain as minority shareholders in the Cavalli group.
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