2010 May 3
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(NEW YORK) In 2002, Roberto Cavalli faced tax fraud charges, accused of “taking improper company tax deductions for restoration work” at his Florence villa. However, today the designer is off the hook. “Roberto Cavalli completely exonerated and baseless tax fraud charges dismissed,” reads a statement sent out by Cavalli’s camp today. “The Florence Court of Appeal, in a decision dated April 30, 2010, has completely exonerated designer Roberto Cavalli of earlier tax fraud charges brought against him, finding that the facts alleged against him did not amount to a crime---a complete dismissal in Italian law.” (Apparently, the villa houses a showroom for the company, thereby making it a legitimate tax deduction.) “After hearing argument from Robert Cavalli’s appellate lawyers, Alesandro Traversi (Florence) and Paolo Grasso (Milan), the Court of Appeal determined that the only proper end to this case was complete exoneration for Roberto Cavalli,” the statement continues. Breathe easy, darlings—Cavalli will always come out on top.
One of the coolest cats in the biz is Dennis Basso, and today the designer is receiving an honorary degree at FIT's commencement ceremony. We couldn't let this honor pass by without...
Last night Parsons was on parade! The design school held their annual Parson Fashion Benefit to debut their students' senior theses in a fashion show at Chelsea Piers to a packed house...
Daniella Helayel, founder and creative director of Issa London, will be exiting the company after over a dozen years at the label she launched. She will be succeeded by Blue Farrier...