Roberto Cavalli fashion house announced Wednesday it is cutting 200 out of 672 jobs worldwide, shutting down its Milan offices, and moving all its activities to a manufacturing district called Osmannoro in Sesto Fiorentino, near Florence. The firm earlier announced it is parting ways with creative director Peter Dundas after three seasons. His last Cavalli collection for spring/summer 2017 was unveiled September 21 during Milan fashion week.
"The brand's stylistic team will continue designing collections during this time of transition and transformation," said CEO Gian Giacomo Ferraris, who was appointed last July.
"We will name a new creative director in due time," he added.
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