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Former Chloé CEO Bellini moves to Valentino owner

Riccardo Bellini has reportedly assumed the role of managing director at Mayhoola for Investments LLC, the Qatar-based investment firm whose portfolio includes fashion houses such as Valentino and Balmain. Bellini took up the position at the beginning of the year, reported trade publication WWD. The former Chloé CEO reports directly to Mayhoola...

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Valentino’s owner buys Balmain for 485 million euros

Mayhoola, the Qatar’s sovereign fun has just acquired the French fashion house Balmain, The group already own Italian luxury powerhouse Valentino. “After completing this transaction Mayhoola for Investments will hold 100 percent of Balmain’s capital,” said the merger and acquisitions company Bucephale Finance, reported Reuters. As published by ‘...

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