Milan

After bleeding money for several years in a row Italian fashion house Roberto Cavalli has finally posted a profit. With overall revenues of about $110 million Cavalli was $2.4 million in the black. 

A spokesperson for the 40 year-old company was quoted as saying... "As a result of a strong reorganisation at the group, retail and wholesale revenue grew 4 percent compared with the previous year, offsetting a decline in royalty revenues".

<<Roberto Cavalli finally getting the love he deserves, after recently posting their first profits in years.
Roberto Cavalli Fall/Winter 2010 - New York
© 2010 fashionWATCH Photo: Steve Wood