The money will go to two hospitals supported by French charity La Fondation Hôpitaux de Paris — Hôpitaux de France (FHP-HF).
The Qatar-based fund is supporting Milan’s Sacco Hospital and the country’s Civil Protection in the coronavirus fight.
The company, which was sold earlier this year to the Marandi family, has been shutting stores and putting a fresh focus on the consumer.
Hindmarch has been named managing director following the sale of her company to the Marandi family.
There is speculation that Mayhoola for Investments wants to retreat from the luxury fray.
Narmina and Javad Marandi have stakes in Soho Farmhouse, Emilia Wickstead.
Mayhoola took a minority stake in the British accessories brand in 2012.
Change is the new black at the four-day event, which also sees women’s resort shows padding up the schedule.
The Chinese conglomerate has outbid Qatari rival Mayhoola Group, according to sources with knowledge of the matter.
The fast-growing company plans to push into accessories and expand its store network.
Mayhoola has acquired a 30.7 percent stake in the retailer for 885 million Turkish lira, or $343 million at current exchange rate.