Capital

ISTO joins forces with Altaz Capital, plans openings in London, New York, Madrid

admin2 weeks ago06 mins

Portuguese fashion brand ISTO announced a strategic partnership with Altaz Capital this week. The alliance represents “a significant step forward” in the brand’s international growth objectives in a “constant and sustainable” manner. Altaz Capital is an investment and operations company specialising in supply chain optimisation, operations, logistics, international expansion, and financial strategy. Within two and a half…

Smythson has been acquired by Oakley Capital, targets US, Europe, Japan growth

admin1 month ago05 mins

Smythson of Bond Street, the high-end British leather goods business, has been acquired from Jacques Bahbout’s Tivoli Group by Oakley Capital, a pan-European, mid-market private equity investor. The purchase price wasn’t disclosed. Smythson The company said it “marks an exciting new chapter in Smythson’s 137-year history of British craftsmanship. Following years of strengthening the brand’s…

Shaftesbury Capital says London West End signings have accelerated this year

admin3 months ago04 mins

One of the West End of London’s biggest retail landlords, Shaftesbury Capital, issued a trading update on Thursday saying it’s continuing to see strong demand for its properties. The company controls key areas such as Carnaby Sreet, much of Soho and Covent Garden. CEO Ian Hawksworth cited year to date “positive trends in footfall and…

Spanish bridal label Pronovias sees €193 million capital cut

admin3 months ago04 mins

Translated by Nazia BIBI KEENOO Published May 10, 2025 Pronovias, the Barcelona-based bridal fashion house known for its elegant wedding gowns and global presence, is taking decisive steps to support its financial recovery. To guide the label back toward profitability, its owners—Bain Capital and MV Credit—have withdrawn €193 million from the share capital of Catiberia…

Fashion

U.S. investor Glickman Capital acquires Italian cashmere brand Malo

admin5 months ago04 mins

Translated by Nazia BIBI KEENOO Published March 28, 2025 Luxury cashmere label Malo has a new owner. The Florence-based brand, founded in 1972 by brothers Alfredo and Giacomo Canessa, has been acquired by Glickman Capital, a U.S. private equity firm managing $2 billion in assets. The firm was founded by entrepreneur David Glickman, who is…

Shaftesbury Capital in £570m deal with Norwegian fund for share of Covent Garden estate

admin5 months ago06 mins

UK retail mega-landlord Shaftesbury Capital responded to speculation about its intentions in London’s Covent Garden late Wednesday confirming that it was in talks on a link-up with a major investor, but that it might not happen. Then on Thursday it said the deal was done! The property giant, which also owns vast tracts of London’s…