Mayhoola news and archive

Valentino reorganises business divisions and appoints new executives

Valentino, the Italian luxury fashion house, said on Monday it reshuffled its operational structure. Valentino, which is owned by Qatari group Mayhoola for Investments, said it created two separate units to separately manage its business operations and control divisions. Two new roles were created in the re-organisation, appointing Alberto...

People

Valentino appoints CEO for Japan and Korea

Valentino has appointed a new chief executive officer for its Japan and Korea markets. Tokyo-based Masumi Shinohara will report to the company’s chief commercial officer Marco Giacometti, and will be tasked with growing the brand in two of its key Asian territories. Shinohara is an industry stalwart, having previously been a director at...

Fashion

Mayhoola donates 2 million euros to fight coronavirus

Mayhoola, the parent company of Balmain and Valentino, will be donating 1 million euros to Sacco Hospital in Italy to help stop the spread of coronavirus. They will also be donating an additional 1 million euros to Italy's Civil Protection. The funds going toward Sacco hospital will help improve the ICU in what has become one of the most...

Business

Qatari investment fund puts Anya Hindmarch up for sale

New York - The Qatari royal family’s investment fund, Mayhoola, has put the British luxury handbag brand Anya Hindmarch up for sale following widening losses. A source close to the firm quoted by ‘This is Money’ said the decision was a mutual one between fashion designer Hindmarch and the Qatari royal family’s fund. It’s worth recalling that...

Business

Mayhoola for Investments to float 25 percent of Valentino

London - Mayhoola for Investments, the Qatari owner of Italian fashion house Valentino, is reportedly set to launch an initial public offering (IPO) of the company sometime in the latter half of 2018. The Qatari investors aim to float at least 25 percent of Valentinos shares offer on Milan's main market, reported Reuters early Thursday morning....

Business

Valentino pays back to parent company Mayhoola

Valentino will distribute 150 million euros worth of dividend to its parent company Mayhoola to partially repay the investment the Qatari fund made when it acquired the late designer’s namesake label in 2012. According to the economic newspaper ‘Milano Finanza’ this is a way to repay, in part, the investment made five years ago by the Qtari...

Business

Mayhoola increases stake in Pal Zileri

The Qatari investment fund, Mayhoola for Investments, has taken over Italian menswear label Pal Zileri through the acquisition of 100 percent of its parent, Forall Confezioni, WWD reports. Mayhoola, which is the Qatari royal family’s investment fund, first took a majority stake of 65 percent in the Italian menswear manufacturer in 2014. Egyptian...

Business

Mayhoola and Balmain CEO confirm takeover

London - Mayhoola, private investment firm and parent company of fashion house Valentino, has confirmed together with the Chief Executive Officer of Balmain its acquistion of the Parisian fashion house. Balmain confirmed news of the deal on Wednesday following several news reports of an immediate deal on the cards. The closing of the deal, which...

BusinessFeatured

Valentino’s owner buys Balmain for 485 million euros

Mayhoola, the Qatar’s sovereign fun has just acquired the French fashion house Balmain, The group already own Italian luxury powerhouse Valentino. “After completing this transaction Mayhoola for Investments will hold 100 percent of Balmain’s capital,” said the merger and acquisitions company Bucephale Finance, reported Reuters. As published by ‘...

Business |UPDATE

Is Valentino still heading for an IPO?

London - The question regarding Italian fashion house Valentino future and a certain IPO continue to be the subject of much debate, as conflicting sources claim the brand is both close and nowhere near to taking the steps for an initial public offering. According to a report from Reuters, Valentino's Qatari owner, Mayhoola for Investments, has...

Business

Is Valentino headed for an IPO?

London - Rumour has it that the owners of Valentino Group SPA are currently exploring options for an initial public offering of the Italian fashion house, which could value the fashion house at 2 billion euros. Qatari-owners, investment firm Mayhoola, are said to working alongside with Rothschild for a potential IPO reported Bloomberg. Mayhoola,...

Design

Qatari fund buys 65 percent of Pal Zileri

Mayhoola For Investments, a fund based in Qatar, which last year bought Valentino, has announced the acquisition of a 65 percent stake in the Italian luxury menswear house of Pal Zileri, up to date privately owned by Gruppo Forall Confezioni S.P.A. Mayhoola has being in talks with the Italian group since November, 2013 and faced competition from...