Unions Worried About Expected Roberto Cavalli Composition With Creditors

MILAN — The sale of the Roberto Cavalli company is taking yet another turn. Confirming a WWD report last week, it appears that a composition with creditors is increasingly in the cards for the Florence-based fashion house. On Wednesday, unions Filctem Cgil and Femca Cisl sent a note to “denounce the grave uncertainties” surrounding the future of Roberto Cavalli, claiming that owner Clessidra is “disengaging from the investment” in the brand and will present a request of “pre-composition with creditors.” This comes, say the unions, “despite the negotiations taking place with the American group Bluestar Alliance.” The procedure is expected to be deposited on April 1 and the unions warn that it could have “grave repercussions” on the development of the company, putting the future of the workers on-site at risk, without “a guarantee of continuity.” Through the unions, the employees are demanding to avoid mobility schemes and affirm that no pay cuts will be accepted. “We ask that those who are deciding over the future of more than 270 families be aware of the fact that the management and future of a company must necessarily rely on common sense and a behavior ethically correct toward those employees who for years have worked for a

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