Mayhoola news and archive

Valentino reorganises business divisions and appoints new executives

Valentino, the Italian luxury fashion house, said on Monday it reshuffled its operational structure. Valentino, which is owned by Qatari group Mayhoola for Investments, said it created two separate units to separately manage its business operations and control divisions. Two new roles were created in the re-organisation, appointing Alberto...

People

Valentino appoints CEO for Japan and Korea

Valentino has appointed a new chief executive officer for its Japan and Korea markets. Tokyo-based Masumi Shinohara will report to the company’s chief commercial officer Marco Giacometti, and will be tasked with growing the brand in two of its key Asian territories. Shinohara is an industry stalwart, having previously been a director at...

BusinessFeatured

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 ‘...