What Did The Qatari Royal Family Invest In The Luxury Sector?

In recent years, the Qatari royal family has been very active in the luxury sector. Almost every time there is speculation in the luxury sector, there is a glimpse of Qatar's investment institutions.

There are even media reports that Qatar will be the overlord of luxury goods.

The consortium from Arabia has 1.3% of the LVMH group and shares of Tiffany&Co 8.7%. In 2012, Valentino acquired a majority stake in the French accessories brand Le Tanneur & Cie.

In addition to luxury, the consortium won the London boutique Harold (Harrods) in 2010 and the Printemps chain of French boutique chains.

Recently, the Qatar Royal investment fund wants to push its luxury brand Valentino in the near future.

At first, the gold Lord was bought by princess because he liked to spend 700 million pounds on Valentino.

In recent years, the Qatar Royal Investment Fund has entered a high profile in the acquisition market, especially the luxury acquisition market, attracting global attention.

So where is this multi gold fund? What are the major moves of the Qatari royal family in the luxury market?

Qatar is an emirate of constitutional monarchy in Arabia.

Because of its rich gas and oil resources, Qatar became the richest country in the world in 2010.

But in order to avoid relying solely on oil resources, Ahmed, king of Qatar, set up the Investment Bureau of Qatar in 2005 to strengthen the national economy through diversified assets.

QIA, the head of the Qatar Investment Authority, is in charge of the incumbent king and claims to have more than 100 billion dollars in total assets.

Because of not bad money, this investment fund has already involved various fields such as architecture, industry, sports, etc.

The Mayhoola for Investments SPC (Qatar) is a private investment institution in Qatar's royal family.

There seems to be only one criterion for investment in Qatar royal family, that is, to buy loved ones.

For example, Sheikha Mozah, the princess of Qatar who is familiar with us, usually only wears advanced custom fashion and loves Valentino. In 2012, the Qatar Royal investment fund bought the Italy luxury brand with 700 million pounds. The collector of Qatar Princess loved investing in the art field. In just a few years, the Qatar Museum became the world's top Museum of art collections. The current Tamim bin Hamad Al Thani, who loves football, has smashed money in the acquisition of football clubs and teams.

Because of love

Qatar Royal also set up Qatar luxury group in 2009, specializing in the acquisition of luxury goods.

Its chief executive is a French Gregory Couillard, who once worked in luxury groups such as Tag Heuer and LVMH and finally joined Qatar luxury group.

however

Not satisfied with this, we also developed a luxury brand Qela ourselves.

Qela is headquartered in Doha. After entering Paris, the brand will set up a complete product line, expanding the fashion business to high-end shoes, leather goods, accessories and ready-made garments.

According to the first half of Valentino 2015 earnings report, CEO

Commenting on the Italy media, the company could earn one billion euros earlier than expected.

Compared with 301 million euros in the same period last year, sales rose by 59 to 478 million euros in the first half of this year.

Europe is still a major brand market, accounting for 40%, followed by Asia and the United States.

However, according to sources, Valentino's overall valuation is expected to be around 2 billion euros.

This means that after 3 years of investment and pformation in the Middle East, the Valentino valuation has increased nearly 2 times.

No wonder the media said so many gold and capable Qatar royal family as "luxury hegemony"!