Valentino has been bought out by Mayhoola

According to latest news Valentino has been bought out by the multinational company Mayhoola, behind which the Qatari Royal Family is hidden.

Since the worldwide famous designer has many clients of the Royal Families of these countries, the company decided to say yes to the proposal of the Qatari Royal Family

The same path have taken some of the best known companies of haute couture worldwide. Pamploma Capital, the investment group of the Russian Mikhail Fridman, bought last year the Cerruti and Gianfranco Ferre companies. However, these are only some of the brand names that have been sold to investment groups.

The Qatari Royal Family decided to enter fashion world after buying the Harrods from Mohamed Al-Fayed.

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