The Iconic Italian Fashion House Valentino is the latest Italian luxury brand that has been bought by a foreign investor, after Cerutti and Gianfranco Ferre. The Qatari royal family, who also owns the British luxury department store Harrod's, supposedly acquired Valentino for about 700 million euros, although financial or ownership details have not been made official by the brand.
What do you think about this constant estrangement of iconic brands from their founders or country of origin? Do you think that it could damage the brand in the long term? Do you think that there could be a change in the brand's direction and style following this change in ownership? I sure hope not, the current designers are brilliant and I really love their vision, it would be a shame to change something at this point.