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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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Smythson results improve but losses persist

Luxury leather goods and stationery retailer Frank Smythson has filed its accounts for the year to the end of last March and said that its business improved. That came as the economic situation in the UK and globally showed signs of recovery from the disruptions caused by the pandemic and despite the fact that challenges…

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