Valentino has received a fresh boost of confidence—and liquidity. According to Corriere della Sera, Kering and Mayhoola have agreed to invest €100 million in the Italian label's relaunch. The operation will be administered by MFI Luxury, the fashion house's holding company, which is 70% owned by Mayhoola, a Qatari investment firm, and 30% by Kering, which bought a stake in the summer of 2023 for €1.7 billion. Officials from the French organization have not yet issued a response to the news. Rumors imply a recapitalization in two tranches: €40 million now being finalized, and €60 million expected by the end of 2025. Valentino is coming off a period of mixed results: revenues decreased to €1.3 billion, while the balance sheet showed a loss of almost €28 million. The new capital is meant to assist the company's relaunch strategy, which aims to consolidate its position in the high-end luxury segment, freshen the brand's image, and accelerate its expansion in retail, digital, and Asian markets.