1st Jul 2025 11:52
Oakley Capital Investments Ltd - provider of access to private equity funds managed by investment adviser Oakley Capital Ltd - Expands portfolio of heritage brands, as it notes that its Iconic BrandCo is investing in Smythson, Fornasetti and Fabbrica Pelletterie Milano. The acquisitions aim to enhance and diversify the Iconic BrandCo platform. Oakley says: "The latest acquisitions mark an important step in Oakley's strategy of building a diversified group of luxury, heritage brands. Oakley aims to significantly row the sales and value of Smythson, Fornasetti and FPM by accelerating their international expansion, digitising operations, and enhancing their brand positioning and digital marketing - strategies it is already successfully applying to Globe-Trotter, Alessi and Connolly."
Oakley Capital Operating Partner Vicente Castellano says: "The addition of Smythson, Fornasetti and FPM to Oakley's Iconic BrandCo marks a real milestone in our ambition to develop a collection of truly unique brands. By leveraging our expertise and investment in human talent, ecommerce and internationalisation, we see strong potential to develop them into global lifestyle businesses."
Current stock price: 507.93 pence each, down 0.4% on Tuesday morning in London
12-month change: down 0.2%
By Tom Budszus, Alliance News slot editor
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