haute couture fashion house

Qatari investment fund took over French luxury fashion house Balmain

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Valentino label’s owner, the Qatari investment firm Mayhoola for Investments purchased French fashion house Balmain without revealing how much it was paid for the new luxury acquisition. Financial medias revealed that the Qataris offered 485 million euros ($546 million) for Balmain. The offer was higher than the sale estimates of between 300 to 400 million … Read more

Karl Lagerfeld’s new fragrance line scheduled for 2014

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Karl Lagerfeld, one of the world’s most influential and iconic designers, announced a new fragrance to be launched in 2014. The internationally renowned haute couture fashion house will launch the new perfume line under Interparfums, the creator of prestige perfumes and cosmetics. The two companies signed a worldwide and exclusive license agreement to create, produce and … Read more