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The Roberto Cavalli fashion house is looking for future growth in the home decor and furniture sector, with a new project furnishing a luxury residential building in Bahrain.
CEO Gian Giacomo Ferraris revealed that revenues from home furnishings sales have increased to eight per cent from six per cent in 2016, when the Clessidra private equity fund bought a 89.6-per cent stake from founder Roberto Cavalli, who retains the rest. Cavalli’s 2017 revenues were around BD65 million.
The Italian fashion designer and inventor is best known for exotic prints and for creating the sand-blasted look for jeans. The high-end Italian fashion house Roberto Cavalli sells luxury clothing, perfume and leather accessories.
Fashion houses like Cavalli, Armani, Fendi and Versace are also leaders in home décor, with residential projects in luxury locations around the world.
The Cavalli Home Collection features select choices, inspired by colour, realised and adapted according to the furnishings. Including a range of home-ware from bed linen and tableware to glassware and cushions, the striking collection is said to be ‘driven by passion and derived from Roberto Cavalli’s vision, philosophy and style’.
Cavalli will completely furnish 247 apartments in the Waterbay luxury high-rise by the Bin Faqeeh Real Estate Investment Company. The waterfront units go on sale in January, ranging up to 2.2 million euros (more than BD940,000.)
The developers describe it as a ‘stellar oasis of luxury anchored at the most prestigious island in the Kingdom of Bahrain, Bahrain Bay’.
“Waterbay is a 10-storey building designed and developed with the most luxurious hotels standards in mind – affording you the stunning views of the bay and gardens of the Four Seasons Hotel,” Bin Faqeeh says.
“Why not choose to take a water taxi to the nearby Avenues Mall or dine from a multitude of restaurants in the vicinity?
“The distinguished residential edifice is in the heart of Manama, a few kilometres away from the business district and the main shopping malls of Bahrain.”