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Qatar Holding news and archive

Design

Harrods future plans unveiled

Luxury department store Harrods may be expanding its brand presence in the near future. On Tuesday morning, Ahmad Al-Sayed, CEO of Harrod's holder Qatar Investment Authority, revealed future plans for the Harrods brand name in a meeting with the press during the presentation of a new light installation by Dale Chihuly in Harrod's grand hall....

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Design

Founder of Inditex looking to invest in Paris

Amancio Ortega, the third richest man in the world, coming in just after Bill Gates and Carlos Slim according to Forbes magazine, is reportedly preparing to purchase twenty properties in the French capital. According to the French newspaper Le Figaro, Ortega has made an inviting offer to Italian property company Risanamento to purchase the...

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Design

Qatar Holding acquires stake in Vente-Privée

Qatar Holding, the global investment fund controlled by Qatar Investment Authority, has acquired a minority stake in the French e-commerce company. Founder and CEO of the online retailer Vente-Privée.com, Jacques-Antoine Granjon has also increased his stake in the company and holds close to 25 percent of the ownership, according to French...

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Design

Harrods names Sarah Brown as non-execut​ive director

Qatar Holding has announced that Sarah Brown, the wife of former Prime Minister Gordon Brown, has been appointed as a non-executive director of Harrods. A spokesperson for Qatar Holding, the company which owns Harrods, told The Independent that Brown would provide "input and insight into the company's strategic initiatives and overall business"....

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Design

Harrods to open chain of luxury hotels

Qatar Holding, which owns Harrods, is planning to open a line of hotels under the name of the famous luxury department store. As part of the company’s long-term strategy to develop the Harrods brand, Qatar Holding plans to open Harrods-branded hotels in London as well as other prime locations around the world such as Kuala Lumpur, New York and...

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Fashion

Harrods profits up under Al Fayed management

Luxury department store Harrods saw strong growth in profits in the final year under Mohammed Al Fayed's management. Mr Fayed and his top directors – who resigned in May following the sale of the group to Qatar’s sovereign wealth fund – pointed to a customer loyalty scheme and refurbishments of the group’s Knightsbridge store as a few of the...

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