Italian fashion house Valentino has been snapped up by the Qatari royal family for 700 million euros ($857.5 million), the latest purchase of a top European luxury brand by an emerging market ...

Its owners, an arm of the Qatari government, brought him back to Paris from Monaco in 2017 for about $200 million, a record deal for a teenager, and at the time the second-highest fee ever in soccer.