Rus News Journal

Fashion house Valentino is sold for 600 million

In five years after Valentino has been bought by investment holding Permira based in London, the Italian fashion house has found new owners. But if in 2007. Valentino was on sale together with company Hugo Boss as a part of holding Red and Black now the fashion house is sold to one of investors Permira separately. The name of the investment fund which has become by the buyer, is not disclosed yet.
before mass-media informed that the main applicant for purchase Englishmen of fashion house Valentino can have a royal family of Qatar.
in 2011. Sales Valentino have grown to 322,4 million euro that on 20 % more than for previous year. Thus company incomes have grown four times, having made 22,2 million euro.
we will remind that in 2011. The French manufacturer of luxe-class goods Pinault - Printemps - Redoute SA (PPR) expressed intention to get the Italian fashion house and fashionable brand Brioni.
PPR owns such marks as Gucci, Yves Saint Laurent, Puma, Boucheron, Alexander McQueen, etc. the Gain of the company following the results of last year has made 14,6 mlrd euro.