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CAVALLI HONOR: Milan’s Domus Academy design and fashion school awarded Roberto Cavalli with an honorary master’s degree in fashion management in recognition of his role as an Italian fashion ambassador worldwide. Following the ceremony, Cavalli spoke to students and members of the public about his career highlights and discussed projects he hopes to undertake in the future. In 2012, the Roberto Cavalli Group saw its revenues increase 4 percent on-year to 185 million euros, or $236.8 million at average exchange.