Valentino'S Valuation Is About 2 Billion Euros To Be Listed Next Year.

Better

Let Valentino start thinking about listing.

According to foreign media reports, the Qatar Royal Bank, which has acquired Valentino (Valentino) recently, is considering the listing of the brand. Its valuation is about 2 billion euros, and is expected to be listed next year.

Luxury brand Valentino reported in the first half of 2015 that sales increased by 58.8% to 478 million euros.

Sales in the same store increased by 22%, an increase of 20% in five years.

stay

In the case of sluggish China's performance, Valentino CEO Stefano Sassi said in an interview with foreign media that Valentino's sales in China are very good, with a growth rate of 30%.

Foreign media reported that

The Royal Mayhoola for Investments SPC is working on Valentino's initial listing with the Bank of Rothschild (Rothschild) to seek a valuation of up to 2 billion euros.

The Qatar Royal Investment Fund or the Valentino stake in 25%-35% will be allocated as early as the first half of 2016.

It is understood that in 2012, Valentino was bought by the Qatar royal family for 700 million euros.

The economic crisis led Valentino to restructure its debt in 2009.

Profits in 2011 are turning around, and profits before tax depreciation and amortization increase by 300% over the same period last year.

In the three years of Qatar's Royal takeover.

Valentino's performance has also seen significant growth.

Some analysts believe that Valentino's consideration of listing is due to better performance.