Boyner ends partnership with Qatari Mayhoola

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Jun 2019
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Boyner ends partnership with Qatari Mayhoola
Boyner ends partnership with Qatari Mayhoola


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.