Rumors have been brewing for some time now that Roberto Cavalli has been planning to sell a stake of his fashion empire. Though things have been kept fairly hush hush it has recently been confirmed that the Italian designer is indeed in talks to sell between 15 and 20 percent of his namesake fashion label to private equity firm Clessidra SGR SpA.

Though they are still in the negotiation phases, Cavalli has told reporters that he is hopeful. The designer is said to be in need of a serious financial partner in order to grow his company especially when it comes to international growth.
Images courtesy of the Fashion Spot forums.
