![People walk past a shop of the Spanish fashion brand Pepe Jeans in Madrid December 2, 2014. The Qatari royal family is leading the race to buy the Spanish fashion brand Pepe People walk past a shop of the Spanish fashion brand Pepe Jeans in Madrid December 2, 2014. The Qatari royal family is leading the race to buy the Spanish fashion brand Pepe](https://c8.alamy.com/comp/2CWEKCB/people-walk-past-a-shop-of-the-spanish-fashion-brand-pepe-jeans-in-madrid-december-2-2014-the-qatari-royal-family-is-leading-the-race-to-buy-the-spanish-fashion-brand-pepe-jeans-as-buyout-funds-struggle-to-match-the-sellers-price-expectation-of-at-least-700-million-euros-several-sources-close-to-the-auction-process-said-reuterssergio-perez-spain-tags-business-textile-society-logo-2CWEKCB.jpg)
People walk past a shop of the Spanish fashion brand Pepe Jeans in Madrid December 2, 2014. The Qatari royal family is leading the race to buy the Spanish fashion brand Pepe
![Pepe Jeans Recently Opened Store on February 29, 2016 in Tenerife, Spain. Editorial Photography - Image of commercials, february: 67620257 Pepe Jeans Recently Opened Store on February 29, 2016 in Tenerife, Spain. Editorial Photography - Image of commercials, february: 67620257](https://thumbs.dreamstime.com/z/pepe-jeans-recently-opened-store-february-tenerife-spain-67620257.jpg)
Pepe Jeans Recently Opened Store on February 29, 2016 in Tenerife, Spain. Editorial Photography - Image of commercials, february: 67620257
![An employee waits for customer inside a shop of the Spanish fashion brand Pepe Jeans in Madrid December 2, 2014. The Qatari royal family is leading the race to buy the Spanish An employee waits for customer inside a shop of the Spanish fashion brand Pepe Jeans in Madrid December 2, 2014. The Qatari royal family is leading the race to buy the Spanish](https://c8.alamy.com/comp/2CXXBKD/an-employee-waits-for-customer-inside-a-shop-of-the-spanish-fashion-brand-pepe-jeans-in-madrid-december-2-2014-the-qatari-royal-family-is-leading-the-race-to-buy-the-spanish-fashion-brand-pepe-jeans-as-buyout-funds-struggle-to-match-the-sellers-price-expectation-of-at-least-700-million-euros-several-sources-close-to-the-auction-process-said-reuterssergio-perez-spain-tags-business-textile-society-2CXXBKD.jpg)
An employee waits for customer inside a shop of the Spanish fashion brand Pepe Jeans in Madrid December 2, 2014. The Qatari royal family is leading the race to buy the Spanish
![A man leaves a Pepe Jeans store in Barcelona December 2, 2014. The Qatari royal family is leading the race to buy the Spanish fashion brand Pepe Jeans as buyout funds struggle A man leaves a Pepe Jeans store in Barcelona December 2, 2014. The Qatari royal family is leading the race to buy the Spanish fashion brand Pepe Jeans as buyout funds struggle](https://c8.alamy.com/comp/2D0327G/a-man-leaves-a-pepe-jeans-store-in-barcelona-december-2-2014-the-qatari-royal-family-is-leading-the-race-to-buy-the-spanish-fashion-brand-pepe-jeans-as-buyout-funds-struggle-to-match-the-sellers-price-expectation-of-at-least-700-million-euros-several-sources-close-to-the-auction-process-said-reutersalbert-gea-spain-tags-business-society-2D0327G.jpg)
A man leaves a Pepe Jeans store in Barcelona December 2, 2014. The Qatari royal family is leading the race to buy the Spanish fashion brand Pepe Jeans as buyout funds struggle
![A man walks in a Pepe Jeans store in Barcelona December 2, 2014. The Qatari royal family is leading the race to buy the Spanish fashion brand Pepe Jeans as buyout funds A man walks in a Pepe Jeans store in Barcelona December 2, 2014. The Qatari royal family is leading the race to buy the Spanish fashion brand Pepe Jeans as buyout funds](https://c8.alamy.com/comp/2E5W5WT/a-man-walks-in-a-pepe-jeans-store-in-barcelona-december-2-2014-the-qatari-royal-family-is-leading-the-race-to-buy-the-spanish-fashion-brand-pepe-jeans-as-buyout-funds-struggle-to-match-the-sellers-price-expectation-of-at-least-700-million-euros-several-sources-close-to-the-auction-process-said-reutersalbert-gea-spain-tags-business-textile-society-2E5W5WT.jpg)