Mayhoola for Investments
Mayhoola for Investments (short: Mayhoola ) is an investment company that is associated with the family of the Emir of Qatar in context. The investment vehicle is managed from Doha and invests mainly in large luxury goods manufacturers. Holdings include Balmain (acquired in 2016 for $ 563 million), Valentino (acquired in 2012 for $ 858 million) and Pal Zileri (acquired 65% for approximately $ 145 million). The name “Mayhoola” means “unknown” and alludes to the restrictive information policy of the young society. The official Mayhoola website contains only contact addresses and does not provide any further information about the company. The takeover of French and Italian fashion icons by a non-European investor was discussed controversially, especially in these countries.
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Individual evidence
- ↑ a b The Fashion Law: Mayhoola: A Major Luxury Conglomerate in the Making , October 13, 2017, accessed October 27, 2018
- ^ Qatari Investment Group Acquires Parisian Fashion House Balmain , The New York Times , June 22, 2016
- ↑ Valentino Sold to Qatari Group Mayhoola for a Reported $ 858 Million , The Cut , July 12, 2012
- ↑ Business of Fashion: Mayhoola: Inside the Secretive Qatari Luxury Empire , February 11, 2018, accessed October 27, 2018
- ↑ Financial Times : May who? , April 8, 2016, accessed October 27, 2018
- ↑ newsmondo.it: C'era una volta il Made in Italy - Tutte le aziende italiane controllate da stranieri , October 24, 2018, accessed on October 27, 2018