Valentino Sold for $858 Million

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Mayhoola for Investments, an investment vehicle backed by a private investor group from the Middle Eastern monarchy, disclosed Thursday it agreed to acquire Valentino Fashion Group SpA.SEE LIST BELOW FOR ALL OF THIS ISSUE'S ARTICLES

From This Issue

Anne Hathaway in Dolce & Gabbana.


LCD Soundsystem Documentary Bows in New York

The much beloved band screened “Shut Up And Play The Hits” on Tuesday.

clock July 11, 2012Matthew Lynch

Diane Kruger and Joshua Jackson, both in Louis Vuitton.


Louis Vuitton Fetes Yayoi Kusama in Her Absence

The artist did not attend a dinner held in her honor at the Whitney Museum on Tuesday.

clock July 11, 2012Alessandra Codinha

Freida Pinto in Rachel Roy.


‘Trishna’ Premieres in New York

The Michael Winterbottom-directed film starring Freida Pinto is a reinterpretation of Thomas Hardy’s “Tess of the d’Urbervilles,” set in contemporary India.

clock July 11, 2012Jake Flanagin

A Carrefour hypermarket.


Carrefour Sales Slip 0.3% in Q2

Growth in emerging markets failed to offset a drop in revenues in austerity-hit Europe.

clock July 12, 2012Joelle Diderich

Government and Trade

New China Rules Could Hamper Luxe

The Chinese government unveiled new regulations barring government agencies from purchasing luxury items, goods or commodities “above certain standards.”

clock July 12, 2012Samantha Conti and Ellen Sheng

Valentino Fall Couture 2012

Business Features

Valentino Fashion Group Sold to Mayhoola for $858M

Through the acquisition, the Qatar investment group will acquire 100 percent of Valentino SpA and the M Missoni license business.

clock July 12, 2012Luisa Zargani

Designer and Luxury

Gucci Taps New China President

Carol Shen, an Estée Lauder veteran, effectively replaces Joe Wong, the former Gucci Greater China president.

clock July 12, 2012Amanda Kaiser

Uniqlo's New Schtick: Free T-Shirts For Commuters

Fashion Scoops

Uniqlo’s New Schtick: Free T-Shirts for Commuters

The retailer distributed its cooling innerwear garments to passersby at 29 busy Tokyo train stations on Thursday.

clock July 12, 2012Kelly Wetherille

Human Resources

Denise Miller Named President of Rafaella Sportswear

Most recently, she was with G-III Apparel Group Ltd. as president of Calvin Klein suits and suit separates.

clock July 12, 2012Lisa Lockwood

Topshop mannequins.


Nordstrom to Open Topshop Departments

The move represents a dramatic merchandising shift toward edgier product.

clock July 12, 2012David Moin

Government and Trade

Feds Seize 70 Fake Web Sites

Bust is part of an ongoing operation that has shut down 769 counterfeit sites.

clock July 12, 2012Kristi Ellis

The ad visual for Shakira's fragrance, Elixir.


Shakira to Launch Elixir

The singer is getting sensual and tapping into a younger demographic with her newest scent.

clock July 12, 2012Julie Naughton

Thierry Chaunu

Human Resources

Thierry Chaunu to Head Damiani Americas

Industry vet is charged with the task to expand the brand’s presence in the U.S. market as well as in Canada, Latin America and the Caribbean.

clock July 12, 2012Alexandra Steigrad

Christian Winjants with his winning design.

Designer and Luxury

International Woolmark Prize Names European Regional Winner

Alber Elbaz handed the prize to 34-year-old Belgian designer Christian Wijnants.

clock July 12, 2012Samantha Conti

Dita Von Teese


Dita Von Teese Performs at Cointreau Summer Soiree

The burlesque dancer went back in time to conjure up Forties silver screen icons Betty Grable and Carmen Miranda for her latest act.

clock July 12, 2012Marcy Medina

Jack Hendler and Lynda Davey

Mergers and Acquisitions

Avalon Group, Net Worth to Merge

Tie-up makes broader advisory firm with expertise in middle-market fashion.

clock July 12, 2012Evan Clark

Apron to be worn by the Target beauty advisers.


Target Tests Beauty Adviser Service

On Sunday, the mass merchant will launch the Target Beauty Concierge program in 28 stores in the metro-Chicago area.

clock July 12, 2012Molly Prior

The new Miss Dior ad campaign featuring Mila Kunis.


Mila Kunis Appears in Second Dior Campaign

The actress slipped into the skin of a Fifties Hollywood star — a bouffant hairstyle accentuating the glamorous, retro mood.

clock July 12, 2012Miles Socha

Bob McDonald


William Ackman Turns Eye Toward P&G

His interest in the company is already being cheered by investors.

clock July 12, 2012Molly Prior

A Sephora store.


Sephora Opens First Store in Brazil

In addition to the unit in São Paulo’s new JK Iguatemi mall, retailer plans to add four more units in São Paulo this year and about 30 more in Brazil by 2016.

clock July 13, 2012Holly Haber

Lady GaGa


A New Spin on Lady Gaga’s Fame

Being a worldwide celebrity has dark and light aspects — and with her new scent, Lady Gaga Fame, one of the world’s most famous entertainers is exploring both.

clock July 13, 2012Julie Naughton and Pete Born

Fashion Features

Bridget Foley’s Diary: We All Have Our Baggage (Except When It’s Lost)

Losing luggage on a trip from New York to Paris can be a very unpleasant, and costly, experience.

clock July 13, 2012Bridget Foley


Challenges Releases List of France’s Top 500 Fortunes

Once again, figures from fashion and retail figure prominently, with luxury titan Bernard Arnault still ranked number one.

clock July 13, 2012Miles Socha

Fashion Scoops

U.S. Lawmakers Vocal Over Production of Olympic Uniforms

Capitol Hill lambasted the U.S. Olympic Committee for dressing American Olympic athletes in clothing and uniforms manufactured in China.

clock July 13, 2012Kristi Ellis

Fashion Scoops

Gucci to Open Men’s Store in São Paulo

The luxury brand is opening a 3,600-square-foot unit in the new JK Iguatemi mall.

clock July 13, 2012David Lipke


Today's Must Read

Justine Bateman, Sarah Jessica Parker, Alysia ReinerChanel x Tribeca Film Festival Women's Filmmaker luncheon, Odeon Restaurant, New York, USA - 20 Apr 2018


Chanel, Jane Rosenthal Celebrate Female Filmmakers at TFF 2018

clock April 20, 2018Kristen Tauer

Social Studies