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Qatar fund acquires French fashion house

  AFP A Qatari investment fund, already owner of the Italian Valentino label, will take over French luxury fashion house Balmain, which has become a favourite of film stars, the advisor for the acquisition announced. “After completing this transaction, Mayhoola for Investments will hold 100 percent of Balmain’s capital,” Bucephale Finance, specialists in mergers and acquisitions, said in a statement ...

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Takeaways from Milan menswear shows

  AFP Top trends from the Milan menswear Spring-Summer 2017 fashion shows, which concluded recently: LET’S PARTY The future of exclusively menswear catwalk shows is in doubt but the cult of the ‘see and be seen party’ is alive and well. Highlights this time included Dsquared2 duo Dean and Dan Caten’s bash in their own Ceresio restaurant, which boasts spectacular ...

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Japan Inc. gets Brexit bargain on $23bn outstanding deals

  Tokyo / Bloomberg Japanese companies, which have embarked on a $210 billion global acquisition spree over the past three years, are getting a surprise bargain out of Brexit. The yen soared to the highest in more than two years, boosting local firms’ purchasing power for deals abroad and potentially saving them hundreds of millions of dollars on purchases they’ve ...

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