Dubai: Marquee Brands, the premier global brand management company, has announced a definitive agreement to acquire a majority interest in Roberto Cavalli through a strategic partnership with Dubai-based DAMAC Group.

According to BERNAMA News Agency, the transaction is expected to close in the second quarter of 2026, after which DAMAC Group will remain a significant shareholder, as stated by Marquee Brands. The acquisition further strengthens Marquee Brands' position in the luxury and lifestyle sectors, bringing total portfolio-wide retail sales to approximately US$5 billion. (US$1=RM3.96)

Marquee Brands Chief Executive Officer, Heath Golden, remarked, "Roberto Cavalli stands as one of luxury's defining Italian houses, with a bold creative identity and enduring brand ethos. In partnership with DAMAC, a leader in luxury real estate, we will continue to elevate the Roberto Cavalli experience worldwide."

Owned by funds managed by global investment firm Neuberger, Marquee Brands continues to expand its platform through the acquisition of heritage brands, with Roberto Cavalli becoming the 22nd brand in its portfolio. The partnership is anticipated to expand Roberto Cavalli's global reach across Europe, the United Kingdom, the United States, the Middle East, Asia Pacific, and Latin America through new categories, services, and experiential offerings.

DAMAC will continue to expand Roberto Cavalli-branded residences and hospitality projects across key global markets, reinforcing the luxury brand's international presence. As part of the transaction, Marquee Brands appointed Milan-based The Level Group as its core operating partner to oversee the development, manufacturing, and distribution of the label's women's and men's collections, as well as retail, e-commerce, and wholesale operations.