Qatar Royal Family Page 1
Valentino Happy About Sale, Not Happy About Previous Owners
It was confirmed on Thursday that Valentino was bought by the royal family of Qatar. Valentino Garavani himself, business partner Giancarlo Giammetti, and CEO Stefano Sassi were pleased with the sale, and had a lot of nice things to say about the situation. But Giammetti had nothing pleasant to say about previous owners Permira Funds.
Was Valentino Sold To The Royal Family Of Qatar?
WWD reports that a sale of the luxury brand from private equity group Permira to an unnamed “single party…could be just weeks away,” however other news outlets are telling a different story.
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