Russian holding Tashir Group dissmissed possible purchase of famous Italian fashion house Roberto Cavalli.

The company is currently developing a new clothing network, including such brands as WildWest, KidsGarden, RangeR, Steilmann, QUIZ, Tashir Group press service told PanARMENIAN.Net.

2012 envisages expansion of shops network, with a new project of partner shops to be launched jointly with Lee and Wrangler brands.

Over 50 shops will be opened by the end of 2013, with investment volume to total USD 25 mln.

Earlier, Russian media reported that Tashir Group may purchase Roberto Cavalli fashion house.