Edward Buchanan Opens New Creative Hub in Milan
A new space called The Situation will host exhibitions and residencies and provide resources to Black, queer and other under-represented creatives.
Doha, Qatar
Global Markets
Fashion Trust Arabia Names Prize Winners in Qatar
Designers from Morocco, Saudi Arabia and Bahrain were among those to receive a financial grant of between $100,000 and $200,000 at the Doha ceremony.
Global Markets
Fashion Trust Arabia Prize Announces Winners
Roni Helou, Krikor Jabotian and Zyne are among the winners of the award, which aims to support Arab designers. They will receive mentorship and up to $200,000.
Luxury
Mayhoola: Inside the Secretive Qatari Luxury Empire
In less than a decade, the investment vehicle backed by the Qatari royal family has built an impressive stable of luxury brands that now includes Valentino and Balmain. Could it become a rival to LVMH and Kering, or will political unrest hold back its ascent?
News & Analysis
Qatar Sovereign Wealth Fund Sells $417 Million Stake in Tiffany
The Qatar Investment Authority sold 4.4 million shares in a block sale as the gas-rich nation’s standoff with neighbouring countries exceeds 100 days.
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News & Analysis
What Qatar's Diplomatic Rift Means for Fashion
As Qatar's stock plummets and travel is suspended, what does the future hold for its $1.3 billion fashion market — and the European luxury houses backed by Qatari funds.
News & Analysis
Op-Ed | High-Fashion is a Good Fit for Qatar
The region's market is probably the best suited to the industry's business model and culture today.
News & Analysis
Valentino Owner’s Investment to Help Boyner Pay Acquisition Debt
Mayhoola for Investments Opc, a buyout firm from Qatar, will purchase 30.7 percent of the Turkish distributor of luxury brands including Dolce & Gabbana and Christian Dior.
News & Analysis
Qatar's Nascent Fashion Industry Finds Ally in Sheikha Moza
"Sheikha Moza bint Nasser al-Missned, the mother of the new Qatari emir, Sheikh Tamim, is renowned for her ability to merge the conservative social
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The News in Brief
L’Oréal Joins Forces With Nykaa to Invest in Indian Beauty Brands
BOLD, the French conglomerate’s venture capital fund, will collaborate with retailer Nykaa to invest in the next generation of Indian beauty brands.
Private Equity Firm Inflexion Invests in Manucurist
The European investor, which previously backed Medik8, has taken a 49 percent stake in the premium French nail line.
H&M Profit Rises on Tariff Refunds as Sales Remain Sluggish
US tariff refunds drove an increase operating profit, even as the fast-fashion retailer has struggled to deliver consistent sales growth.
Arnault Clan to Change LVMH Holding Structure to Ensure Control
Under the plan, the world’s biggest luxury group will be controlled by one entity, Agache SCA, after Christian Dior SE, one of the current holding companies of LVMH, is delisted.
JD Sports Says Nike Turnaround Is Only a Matter of Time
Dominic Platt, chief financial officer of the British sportswear retailer, told Reuters, ‘Much as there's a lot of talk about Nike, it's still the most popular brand out there and it's still a very strong brand.’
Chanel Plans to Keep Investing in China Despite Demand Downturn
CEO Leena Nair pointed to the brand’s recent renovation of its Plaza 66 boutique in Shanghai, calling China ‘a market where the clients understand sophistication, refinement.’
Meta Expected to Unveil Smart Glasses Without Camera
Smart glasses have become a target of criticism in recent months amid growing concerns they can be used to record people without their consent.