Italian designer Cavalli defies slowdown with new stores

Italian designer Cavalli and his wife Eva acknowledge applause after his Spring/Summer 2013 collection at Milan Fashion WeekMILAN (Reuters) – Italy's fashion house Roberto Cavalli, known for its animal prints and flowing silk dresses, reported a 4 percent rise in revenues to 185 million euros ($247 million) in 2012, helped by the opening of new stores, including in China. The Florentine designer, whose leather-fringed jeans have been worn by celebrities like actress Jennifer Lopez and model Cindy Crawford, is among fashion houses reducing their exposure to the crisis-hit Italian market by expanding abroad. …