Boyner ends partnership with Qatari Mayhoola
News
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Jun 2019
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Turkey's Boyner Holding and Qatari investment company Mayhoola have decided to end their financial partnership. The Qatari form held a 54% share in Boyner Retail and Textile, while Boyner held a 42.8% share. This will now change with Mayhoola raising its stake in the Beymen luxury fashion group to 97%. At the same time, Boyner will focus on multi-brand retailing with the Boyner stores as well as e-commerce and some apparel production activities.
