Camilla Al Fayed Buys Issa
As one of Kate Middleton’s go-to labels, Issa has been enjoying a major moment in the spotlight—and now, with a new majority owner and chairwoman, it’s looking to be amped up even more.
Camilla Al Fayed, the daughter of former Harrods owner Mohamed Al Fayed (and half-sister of the late Dodi Al Fayed), has purchased a 51 percent stake in Issa, becoming the company’s new chairwoman.
Designer and founder Daniella Helayel, who retains a 49 percent stake in the company, will continue to have creative control of the British brand.
“I looked at a lot of investors, and Camilla came with the best fit,” Helayel told Women’s Wear Daily. “She has the infrastructure behind her, she’s well connected, and she will open a lot of doors.”
Al Fayed’s Harrods connection isn’t her only tie to the fashion world; her sister, Jasmine Al Fayed, was the designer of the now-shuttered Jasmine di Milo clothing line, and Camilla has long been a fixture on the global fashion scene, often sitting front row at shows and socializing at exclusive parties.
"I am a true believer in the brand," Al Fayed told Vogue U.K. "I have always admired Daniella's flair and unerring creative eye. She has worked hard to earn the success that she has achieved over the last eight years. I believe she now needs a partner who will support her vision in order that we can take the brand to global customer.''
