Cavalli spurns €1.4bn for stake in fashion house

JUST as supermodel Linda Evengelista said she wouldn’t get out of bed for less than $10,000 a day, one of the fashion world’s most popular designers said he won’t consider sitting around the negotiating table for less than €1.4 billion.

Italian designer Roberto Cavalli said he wants more than €1.4bn to sell his fashion label, Italian newspaper Il Sole 24 Ore reported yesterday.

“Sell for €1.4bn? For that amount I won’t even sit down at the negotiating table,” he told the paper.