BHS’S overseas stores have been sold to a Qatari company owned by Janet Jackson’s husband.
Some 70 shops have been bought by Doha-based Al Mana Group, the firm of 41-year-old Wissam Al Mana who married the pop star, 50, in 2012.
The amount paid for the overseas stores has not been disclosed. Al Mana, which was founded in 1951, runs Harvey Nichols, Zara and Mango stores in the Middle East and also counts designer brands such as Hermes and Alexander McQueen among its portfolio.
The BHS deal was secured by administrators Duff & Phelps who continue to work on the future of the remaining 164 UK shops, as the fate of 11,000 staff hangs in the balance.
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