Qatari investment fund took over French luxury fashion house Balmain
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