Only hours after it was announced that designer Peter Dundas will be leaving Roberto Cavalli after being with the brand for 19 months, chief executive officer Gian Giacomo Ferraris has announced a radical reorganisation of the entire company. With this, Roberto Cavalli will be closing its Milan operations and transferring all functions to its offices in Florence. Production and logistics will be rationalised and the company will close, relocate and sell stores across its retail network. Cavalli, which currently employs 672 people, will eliminate 200 positions. Ferraris expects the company to return to operating profitability in 2018.