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Agenda-setting intelligence, analysis and advice for the global fashion community.

Five Key Questions on Kering and Mayhoola’s Valentino Deal

The French group will pay €1.7 billion for 30 percent of the Italian couture house as the first step in a broader partnership with owner Mayhoola. What will the deal mean for Kering, Valentino, Mayhoola and the wider fashion landscape?
Valentino's haute couture show at the Château de Chantilly.
Valentino's haute couture show at the Château de Chantilly. (Indigital)

Earlier this week, the market braced for dim news from Kering’s first-half results: Reports of falling US sales at LVMH bore worrying signs for its smaller rival, which had leaned heavily into the market over the past two years, and where sluggish momentum at flagship brand Gucci showed few signs of turning around.

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