The news comes four months after the company denied reports of a private equity takeover, with Reuters saying the group came close to selling a majority stake to buyout house Permira last month.
It added that talks between Roberto Cavalli and Investcorp, a former owner of Gucci, were at an early stage and that nothing had been decided, citing an Investcorp source.
The Permira buyout was previously said to value the company at €450m, or 13 times its EBITDA.
In February global investment group Blackstone agreed to invest €150m of fresh capital into Italian fashion house Versace, acquiring a further €60m in stock from GIVI Holding and taking a 20 per cent stake in the company.
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