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

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…

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Italian menswear brand Manto Italia expands in Canada and South Korea, eyes growth in Japan and the US

Translated by Nazia BIBI KEENOO Published June 16, 2025 With a shared passion for refined tailoring and premium materials, Elisa Bosi, Luca Testa and Antonella Arpaia founded Manto Italia in 2016 in Mantua, northern Italy. Their goal: to deliver authentic men’s elegance through discreet detailing and true Italian craftsmanship. Manto Italia, SS26 “All three of…

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Chinese beauty brands explore foreign M&A to spur growth

By Reuters Published June 11, 2025 ​Some of China’s top beauty brands such as Proya and S’Young are exploring acquisitions of smaller foreign rivals to expand their portfolios and replicate the success of global leaders like L’Oreal or Estée Lauder amid slowing growth at home. Proya While still relatively unknown internationally, these Chinese brands have…

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Watches of Switzerland hails growth comeback in latest year, US excels

Watches of Switzerland Group delivered a 52-week trading update on Thursday and said its performance was “in line with market expectations” plus it made “strong strategic and operational progress with significant performance improvement in H2”. The company was formerly a perennial outperformer but had seen its seemingly unstoppable growth stalling in recent periods so any…

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