{"id":122818,"date":"2023-10-13T14:40:24","date_gmt":"2023-10-13T12:40:24","guid":{"rendered":"https:\/\/luxus-plus.com\/mayhoola-ceo-details-agreement-signed-with-kering\/"},"modified":"2023-10-13T18:41:58","modified_gmt":"2023-10-13T16:41:58","slug":"mayhoola-ceo-details-agreement-signed-with-kering","status":"publish","type":"post","link":"https:\/\/luxus-plus.com\/en\/mayhoola-ceo-details-agreement-signed-with-kering\/","title":{"rendered":"Mayhoola CEO details agreement signed with Kering"},"content":{"rendered":"<h4>Last July, Kering and Mayhoola announced a strategic agreement that would see Fran\u00e7ois-Henri Pinault&#8217;s group acquire a stake in Valentino, owned by the Qatari investment fund. At the beginning of October, Mayhoola&#8217;s CEO gave further details of the alliance in an interview with WWD.<\/h4>\n<p><!--more--><\/p>\n<p>&nbsp;<\/p>\n<p>The announcement came as a bombshell. Last July, the luxury goods group Kering (owner of Gucci and Balenciaga) and the Qatari investment company Mayhoola (owner of Valentino and Balmain) announced that they had reached <strong>an agreement<\/strong>.<\/p>\n<p>&nbsp;<\/p>\n<p>The agreement will enable Kering to <strong>acquire a 30% stake in Valentino<\/strong>, which Mayhoola acquired in 2012 for \u20ac756 million. Kering will even be able to <strong>purchase 100% of the House<\/strong> until 2028. This will open up new perspectives for Valentino, whose CEO Jacopo Venturini, together with Mayhoola, has established<strong> a strategy of elevation<\/strong> to make it one of the most admired luxury Houses in the world.<\/p>\n<p>&nbsp;<\/p>\n<p><img fetchpriority=\"high\" decoding=\"async\" class=\"wp-image-122811 aligncenter\" src=\"https:\/\/luxus-plus.com\/wp-content\/uploads\/2023\/10\/Portrait-Jacopo-Venturini-BW-Valentino-CEO-Courtesy-of-Valentino-ph-Michael-Bailey-Gates.webp\" alt=\"\" width=\"559\" height=\"435\" srcset=\"https:\/\/luxus-plus.com\/wp-content\/uploads\/2023\/10\/Portrait-Jacopo-Venturini-BW-Valentino-CEO-Courtesy-of-Valentino-ph-Michael-Bailey-Gates.webp 1024w, https:\/\/luxus-plus.com\/wp-content\/uploads\/2023\/10\/Portrait-Jacopo-Venturini-BW-Valentino-CEO-Courtesy-of-Valentino-ph-Michael-Bailey-Gates-300x233.webp 300w, https:\/\/luxus-plus.com\/wp-content\/uploads\/2023\/10\/Portrait-Jacopo-Venturini-BW-Valentino-CEO-Courtesy-of-Valentino-ph-Michael-Bailey-Gates-768x598.webp 768w, https:\/\/luxus-plus.com\/wp-content\/uploads\/2023\/10\/Portrait-Jacopo-Venturini-BW-Valentino-CEO-Courtesy-of-Valentino-ph-Michael-Bailey-Gates-480x374.webp 480w, https:\/\/luxus-plus.com\/wp-content\/uploads\/2023\/10\/Portrait-Jacopo-Venturini-BW-Valentino-CEO-Courtesy-of-Valentino-ph-Michael-Bailey-Gates-750x584.webp 750w\" sizes=\"(max-width: 559px) 100vw, 559px\" \/><\/p>\n<p>&nbsp;<\/p>\n<h2>Valentino&#8217;s future at stake<\/h2>\n<h2><\/h2>\n<br \/>\n<br \/>\n\t\t<section data-elementor-type=\"section\" data-elementor-id=\"113405\" class=\"elementor elementor-113405 elementor-111955\" data-elementor-post-type=\"elementor_library\">\n\t\t\t<div class=\"elementor-element elementor-element-6ff873b e-flex e-con-boxed e-con e-parent\" data-id=\"6ff873b\" data-element_type=\"container\" data-e-type=\"container\" 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2048w, https:\/\/luxus-plus.com\/wp-content\/uploads\/2020\/03\/logoooo-750x119.png 750w\" sizes=\"(max-width: 1297px) 100vw, 1297px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-d67df98 elementor-widget__width-auto elementor-widget elementor-widget-text-editor\" data-id=\"d67df98\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p>Don&#8217;t miss out on the latest luxury business news.<\/p>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-c8de6c6 elementor-widget elementor-widget-image\" data-id=\"c8de6c6\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" width=\"1280\" height=\"680\" src=\"https:\/\/luxus-plus.com\/wp-content\/uploads\/2023\/08\/luxus-digital-mensuel-avril-2024-no-bg.webp\" class=\"attachment-full size-full wp-image-136619\" alt=\"\" srcset=\"https:\/\/luxus-plus.com\/wp-content\/uploads\/2023\/08\/luxus-digital-mensuel-avril-2024-no-bg.webp 1280w, https:\/\/luxus-plus.com\/wp-content\/uploads\/2023\/08\/luxus-digital-mensuel-avril-2024-no-bg-300x159.webp 300w, https:\/\/luxus-plus.com\/wp-content\/uploads\/2023\/08\/luxus-digital-mensuel-avril-2024-no-bg-1024x544.webp 1024w, https:\/\/luxus-plus.com\/wp-content\/uploads\/2023\/08\/luxus-digital-mensuel-avril-2024-no-bg-768x408.webp 768w, https:\/\/luxus-plus.com\/wp-content\/uploads\/2023\/08\/luxus-digital-mensuel-avril-2024-no-bg-480x255.webp 480w, https:\/\/luxus-plus.com\/wp-content\/uploads\/2023\/08\/luxus-digital-mensuel-avril-2024-no-bg-750x398.webp 750w\" sizes=\"(max-width: 1280px) 100vw, 1280px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/section>\n\t\t<br \/>\n<\/p>\n<p>&nbsp;<\/p>\n<p>Read also &gt; <a href=\"https:\/\/luxus-plus.com\/en\/stock-exchange-the-luxury-sector-faces-severe-turbulence\/\">STOCK MARKET : THE LUXURY SECTOR FACES SEVERE TURBULENCES<\/a><\/p>\n<p>&nbsp;<\/p>\n<p>Featured photo : \u00a9 Press<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Last July, Kering and Mayhoola announced a strategic agreement that would see Fran\u00e7ois-Henri Pinault&#8217;s group acquire a stake in Valentino, owned by the Qatari investment fund. At the beginning of October, Mayhoola&#8217;s CEO gave further details of the alliance in an interview with WWD.<\/p>\n","protected":false},"author":1,"featured_media":122810,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_seopress_titles_title":"%%post_title%% %%sep%% %%sitetitle%%","_seopress_titles_desc":"Le PDG de Mayhoola Rachid Mohamed Rachid s&#039;est exprim\u00e9 plus en d\u00e9tails sur son accord pass\u00e9 avec Kering.","_seopress_robots_index":"","_seopress_robots_follow":"","_seopress_robots_imageindex":"","_seopress_robots_snippet":"","_seopress_robots_primary_cat":"none","_seopress_robots_breadcrumbs":"","_seopress_robots_freeze_modified_date":"","_seopress_robots_custom_modified_date":"","_seopress_robots_canonical":"","_seopress_social_fb_title":"","_seopress_social_fb_desc":"","_seopress_social_fb_img":"","_seopress_social_fb_img_attachment_id":0,"_seopress_social_fb_img_width":0,"_seopress_social_fb_img_height":0,"_seopress_social_twitter_title":"","_seopress_social_twitter_desc":"","_seopress_social_twitter_img":"","_seopress_social_twitter_img_attachment_id":0,"_seopress_social_twitter_img_width":0,"_seopress_social_twitter_img_height":0,"_seopress_redirections_value":"","_seopress_redirections_enabled":"","_seopress_redirections_enabled_regex":"","_seopress_redirections_logged_status":"both","_seopress_redirections_param":"","_seopress_redirections_type":301,"_seopress_analysis_target_kw":"","footnotes":""},"categories":[24],"tags":[22968,22929,23000,22934,23348,22419,23347],"class_list":["post-122818","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-economy","tag-fashion-en","tag-kering-en","tag-luxury","tag-mayhoola-en","tag-news-en","tag-valentino-en"],"_links":{"self":[{"href":"https:\/\/luxus-plus.com\/en\/wp-json\/wp\/v2\/posts\/122818","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/luxus-plus.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/luxus-plus.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/luxus-plus.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/luxus-plus.com\/en\/wp-json\/wp\/v2\/comments?post=122818"}],"version-history":[{"count":0,"href":"https:\/\/luxus-plus.com\/en\/wp-json\/wp\/v2\/posts\/122818\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/luxus-plus.com\/en\/wp-json\/wp\/v2\/media\/122810"}],"wp:attachment":[{"href":"https:\/\/luxus-plus.com\/en\/wp-json\/wp\/v2\/media?parent=122818"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/luxus-plus.com\/en\/wp-json\/wp\/v2\/categories?post=122818"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/luxus-plus.com\/en\/wp-json\/wp\/v2\/tags?post=122818"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}