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Camilla Al Fayed Owns Issa

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Camilla Al Fayed, the daughter of former owner of Harrods, Mohamed Al Fayed, as bought a 51% stake in Issa, the Brazilian label that Duchess of Cambridge Kate Middleton can't seem to get enough of. WWD reports: "Al Fayed’s title will be chairwoman and she will oversee the commercial expansion of the brand. [Designer Daniella Issa] Helayel, who holds a 49 percent stake in the new company, will remain as creative director. 'The investment will help to grow the business and take it to the next level,' said Helayel. 'I looked at a lot of investors, and Camilla came with the best fit. She has the infrastructure behind her, she’s well connected, and she will open a lot of doors.'" [WWD]