Fashion house Balmain sold to the Qatari Foundation Mayhoola
The luxury Balmain House will become Qatari. Mayhoola Investment Fund, which is supported by the royal family of Qatar, and which also owns the Italian fashion brand Valentino, acquires the French fashion house Balmain. “Upon completion of the transaction, Mayhoola will own 100% of Balmain's shares,” comments the company, which is servicing the merger and acquisition transaction of Bucephale Finance.
The French newspaper Les Echos, in its report on the deal, said that the Qatari fund offered 485 million euros for Balmain, which today belongs to the heirs of the former CEO of Balmain, Alain Ivlene, who died in December 70, the remaining 2014% are in property management company.
Qatar has offered a price higher than the company originally estimated - 300-400 million euros. This is the second luxury brand that becomes the property of the Qatari foundation; Italian brand Valentino was acquired by Mayhola in 2012.
Fashion house Balmain was founded in 1945 by designer Pierre Balman, and in recent years has changed owners several times. Over the years, the company has experienced financial difficulties.
In 2005, Christophe Descarnenne, who was creative director with Paco Raban, joined the fashion house team, he gave the brand a new life, attracting movie stars Marion Cotillard and Gwyneth Paltrow to cooperation.
Since 2011, the creative director of Balmain has been Olivier Rustan.
Balmain luxury house will become Qatari. Mayhoola Investment Fund, which is supported by the Qatari royal family and also owns the Italian fashion brand ...
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We are ready for active development in the Russian market
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Camper has released innovative sneakers - designers
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Fashion Week takes place in Moscow
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MSCHF and Crocs launch "Big Yellow Boots"
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How to create selling visual content for online based on the identified unique selling proposition?
What is a USP (unique selling proposition) and what is it for? Why is the USP creation service in great demand among fashion retailers today? How to create a working USP? Answers questions and provides step-by-step guidance on how to define your unique selling proposition and work with it to increase online sales, Tatyana Vasilyeva, an SR expert in the promotion and development of fashion brands.
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How to set prices that will earn
Some businessmen still confuse the concept of margin with the concept of trade margins and set prices for their goods, guided solely by the example of competitors. No wonder they go broke! Analyst at the Academy of Retail Technologies Maxim Gorshkov gives several tips and formulas with which you can set not only ruinous, but also profitable prices.
Sales of shoes and accessories: effective techniques for business rhetoric
Which speech modules are effective in communicating with potential and current customers of shoe stores, and which are not, Anna Bocharova, a business consultant, knows.
We form the salary of sellers: expert advice
“How do you charge your consultants for personal or general sales?” Is one of the most popular questions causing a lot of controversy and gossip on the online forums of retail business owners. Indeed, how to properly form the earnings of sellers? But what about bonuses, where to get a sales plan from, do employees allow them to buy goods at discounted stores? In search of truth, the Shoes Report turned to a dozen shoe retailers, but no company wanted to disclose its motivation system - the process of its development was too complicated and individual. Then we asked four business consultants, and finally became convinced that the topic of seller motivation is very complex, because even our experts could not come to a common opinion.
The whole truth about Bayer. Who is he and how to become one?
Bayer is no longer a new, but still a popular and sought-after profession. It’s fashionable to be a buyer. Buyers are at the origins of the emergence and development of trends. If the designer offers his vision of fashion in the season, then the buyer selects the most interesting commercial ideas. It is on buyers that the policy of sales of stores and what, in the end, the buyer will wear depends on. This profession is surrounded by a magical fleur, often associated with a lack of understanding of what exactly is the work of a buyer.
Technology Selling Issues
There is nothing worse than meeting the buyer with the words “Hello, can I help you with something?”, Because the seller works in the store just to help. Criticizing this well-established pattern of communication with the buyer, Andrei Chirkarev, business coach for effective sales and the founder of the New Economy project, shares the technology of truly selling issues with readers of Shoes Report.
Fur, and not only: types of lining
In the production of winter footwear, various materials are used that are designed to retain heat and meet the requirements of consumers: natural sheepleather, artificial fur, artificial fur from natural wool and others. All types of lining fur have their own advantages and disadvantages. Let's consider the properties of each of them.
The best models of Czech shoes of the past
In Soviet times, for shoes from Czechoslovakia sold under the Cebo brand, customers stood in line for four hours and did not regret it, because Czech shoes were considered to be of high quality, comfortable and fashionable. Shoe designer Juraj Shushka shared a photo archive of his collection with Shoes Report magazine, which contains the most interesting Cebo models from the 1940's to the 1980's.
Retail Arithmetic
Before you begin to solve specific problems, you need to find out how accurately all the leaders of your company understand the basic terminology of retail.
How to fire a worker without tears, scandal and trial
Sooner or later, any manager is faced with the need to part with an employee. Properly and on time the dismissal procedure will save the company money, and the boss himself - nerves and time. But why sometimes, knowing that a break in relations is inevitable, we put off the decision for months?
