Open Cloud To Buy Valentino? GUCCI Is Going To Be A Family With Valentino.

Every day in the fashion world is gossip and gossip. One of the hottest news in two days is that Valentino is probably going to be a family with Gucci.

According to Women's wear The daily report, an anonymous source said, the Gucci parent company Kai Yun group is actively contacting Mayhoola, a state-owned investment company in Qatar, and talks about acquiring the latter's brand Valentino. The source also said that in fact, the relevant contacts have been launched since 2017, but initially Mayhoola refused to buy invitation. Recently, the negotiation has started again, because although Mayhoola still has no strong intention to sell Valentino, he has begun to listen to specific proposals.

For this news, there was no response to the opening of cloud and Mayhoola. But many people in the industry are optimistic about the possibility of an agreement between the two parties.

The women's wear daily lists several reasons: first, from the perspective of category competition, there is a coincidence between the target and main consumer groups of Gucci and Valentino, and the competition between them is increasingly fierce. If we can buy Valentino, we can maintain the momentum of Gucci and firmly grasp the current strength of the two brands of consumers. Secondly, the current industry's takeover trend is generally favorable to sellers, and at this time, Mayhoola is a good opportunity to launch. Some believe that Valentino's current valuation is between 2 billion 500 million euros and 3 billion 500 million euros.

For Mayhoola, in addition to the good market environment, the high degree of Valentino will help it get a good offer. According to another source, Down Jackets Brand Moncler is also interested in acquiring Valentino. However, the Moncler side has recently denied this rumor.

Perhaps Mayhoola will eventually choose another capital operation path - listing. A banking source said that Valentino is seeking advice on capital operation. list This is one of the directions discussed. And that seems more likely.

In terms of performance, Valentino's sales rose 5% to 1 billion 160 million euros in fiscal year 2017, which still seems to have room for growth. Moreover, the woman behind the Mayhoola fashion decision, the two wife Sheikha Mozah of the crown prince of Qatar, is also a loyal fan of Valentino and a buyer of VIP. So whether to sell Valentino or not, we should take into account the emotional factors.