Mayhoola for Investments
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| Company type | State-owned enterprise |
|---|---|
| Headquarters | , |
Key people | Rachid Mohamed Rachid (CEO) |
| Owner | Government of Qatar |
| Website | www |
Mayhoola for Investments LLC or simply Mayhoola is an investment holding incorporated under the laws of the State of Qatar, and located in Doha, Qatar. The group is managed and owned by the Qatar royal family.
Mayhoola is a Qatari investment fund that focuses on local and global investments on the luxury sector.[1] It is headquartered in the 36th Floor at Tornado Tower, West Bay.
Investments
[edit]In 2012 the fund purchased Valentino Fashion Group, which consisted of Valentino and licensed M Missoni brand.[2][3] M Missoni became part of Missoni in 2018.[4]
Also in 2012, Mayhoola purchased a controlling stake in Anya Hindmarch which was sold to the Marandi family in 2019.[5][6] A 65% controlling stake in Pal Zileri was also acquired in 2014, later becoming a 100% stake in 2016.[1]
Balmain was purchased in 2016.[7][8]
| Name | Year
founded |
Year
acquired |
Type of business | Notes |
|---|---|---|---|---|
| Balmain | 1945 | 2016 | Fashion house | |
| Beymen | 1971 | 2015 | Department stores | 54% acquired in 2015, 97% holding as of 2019 |
| Valentino | 1960 | 2012 | Fashion house | |
| Pal Zileri | 1980 | 2014 | Fashion house | Majority stake acquired in 2015, full ownership since 2016 |
References
[edit]- ^ a b Dominique Muret, Mayhoola increases Pal Zileri stake to 100% and changes management Archived 2020-04-08 at the Wayback Machine July 28, 2016
- ^ Zargani, Luisa (2012-07-12). "Valentino Fashion Group Sold to Mayhoola for $858M". WWD. Retrieved 2024-04-01.
- ^ "Qatari Group to Acquire Valentino for $850 Million". New York Times. 12 July 2012. Archived from the original on 8 April 2020. Retrieved 12 July 2012.
- ^ Zargani, Luisa (2018-04-11). "Missoni Brings M Missoni Line In-House". WWD. Retrieved 2024-04-01.
- ^ TFL (2017-10-13). "Mayhoola: A Major Luxury Conglomerate in the Making". The Fashion Law. Retrieved 2024-04-01.
- ^ Conti, Samantha (2019-03-28). "Marandi Family Buys Stake in Anya Hindmarch From Mayhoola". WWD. Retrieved 2024-04-01.
- ^ Valentino’s Qatari Owners Acquire Balmain Archived 2020-04-08 at the Wayback Machine JUNE 22, 2016
- ^ "Valentino CEO Says Mayhoola Is Long Term Shareholder". Reuters. 6 February 2020. Archived from the original on 8 April 2020. Retrieved 14 February 2020.
External links
[edit]
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