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Sold! Valentino Purchased By Qatar Royal Family For Millions!

Filed under: Business BlitzLVMHValentinoLouis VuittonMissoniHugo Boss


It's official!

As expected, Valentino Fashion Group SpA has been acquired by Mayhoola for Investments, which is controlled by the royal family of Qatar, for roughly $858 million.

As with most big business deals, there are several groups involved.

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Mrs. Hince Buys Her Hubby A Vineyard

Filed under: Kate MossLove LineJohnny Depp


Kate Moss and Jamie Hince are the proud new owners of a French vineyard!

Before buying the grape-filled property, Mossy consulted her ex-boyfriend Johnny Depp on what to look for since he owns an estate near St Tropez.

Kate ended up throwing down $207,000 for her and Jamie's vineyard and not surprisingly, she plans on making her own wine and calling it Vin de Mossot.

Pretty soon she'll be able to open up her own store with all the stuff she wants to sell.

[Image via WENN.]

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