In late 2014, Italian private equity fund Clessidra bought a 90% controlling stake in the company, a move that had been in talks since 2008. This acquisition was supported by co-investors from Asia. With this move, came the appointment of three core people:
- Peter Dundas as creative director
- Francesco Trapani as chairman
- Renato Seminari as CEO
In May 2016, Italmobiliare acquires Clessidra after the death of their CEO and Gian Giacomo Ferraris replaces Trapani as CEO. Dundas leaves that October and the headquarters are relocated to Florence, cutting 200 jobs and inciting a protest in the process. By the end of the year, they've suffered a loss of 26 million EUR.
Paul Surridge in appointed in May 2017 with losses continuing throughout his tenure. Surridge departs in 2019 and the company ceases US operations and files for the Italian equivalent for bankruptcy. By this point, they've attracted five potential buyers, including Bluestar, OTB and Philipp Plein.
The totality of the company is eventually bought by Vision Investment, an Emirati property group, who incites a relaunch of the Cavalli brand. In October 2020, Emilio Fontana replaces Ferraris and appoints Fausto Puglisi as Cavalli's creative director. The current CEO, Sergio Azzolari, was appointed in March 2023 to continue the relaunch and Roberto Cavalli will finally break even this year.