Overview
- Marquee Brands announced a definitive agreement on May 20, 2026 to acquire a majority interest in Roberto Cavalli and expects the transaction to close in the second quarter of 2026.
- DAMAC Group will remain a significant shareholder and will keep exclusive rights to develop and operate Roberto Cavalli‑branded residences and hospitality projects.
- Marquee named Milan‑based The Level Group as its core operating partner to lead product development, manufacturing, wholesale, retail and e‑commerce for key markets.
- Company statements say Marquee will expand Cavalli across Europe, the UK, the US, the Middle East, Asia Pacific and Latin America and that the acquisition brings Marquee’s portfolio to about $5 billion in retail sales.
- Deal advisers were RBC Capital Markets and Greenberg Traurig for Marquee and BDA Partners for DAMAC, and company executives framed the move as part of a wider industry trend of brand‑management firms scaling legacy fashion IP.