Qatar Luxury Group by the end of September in the State of Qatar
(The State of Qatar) Doha for its brand Qela opened the first boutique , which
sells leather goods , shoes , jewelry, and designed according to the traditional
Qatari custom clothing .
Company reports , the next group will also open a branch in Paris ,
New York, store opening is also planning.
Qatar Luxury Group, owned by the Qatar Foundation , leaders of the
Group for the former CEO of LVMH Group GregoryCouillard. Last year, the group
listed on the Paris leather goods company through the purchase of the shares
LeTanneuretCie85.7% completed its first acquisition .
The Government of Qatar 's sovereign wealth Foundation was the
world 's most active investment in one of the organizations holding assets
include shares in the German sports car maker Porsche to British bank Barclays
shares .
2010 Foundation from Egypt born businessman Mohamedal-Fayed in the
hands of a £ 1.5 billion bought London department store Harrods . Last July the
Foundation announced plans to Harrods brand globalization , extended to Paris
and New York and other cities.
In addition to the Foundation 's purchase of luxury goods group
LVMH1.03% share , last year spent 700 million euros ( $ 857 million ) purchase
of the Italian fashion brand Valentino.xzzqlcy$0802
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