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Dundas to Leave Roberto Cavalli Amid Fashion House Overhaul

  • Italian label to shut two Milan offices and cut 200 jobs
  • Cavalli will also close some stores, relocate others
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Roberto Cavalli SpA will cut 200 jobs, close some stores and part ways with creative director Peter Dundas as the luxury fashion house responds to an industry slowdown.

The Italian company will consolidate operations at its Florence headquarters and close its corporate and design office in Milan, reducing headcount by about 200 positions out of 672 total, it said in a statement Wednesday. It will also close some stores and relocate others as part of a broader overhaul to return to profitability by 2018, it said. Cavalli, known for eccentric animal-print fashions, is owned by Italian private-equity firm Clessidra Sgr, while founder Roberto Cavalli, 75, retains a small stake.