Latest news with #OakleyCapital
Reuters
01-07-2025
- Business
- Reuters
Britain's Smythson sold to Oakley Capital's Iconic BrandCo
MILAN, July 1 (Reuters) - Smythson of Bond Street, the British luxury leather goods and stationery brand, has been bought by Iconic BrandCo, a company controlled by Oakley Capital which invests in heritage brands, the private equity firm said on Tuesday. Italian leather group Tivoli, which bought Smythson in 2009, said in a separate note that it would continue to produce leather goods for the brand. Financial details were not disclosed by either side. Founded in London in 1887, Smythson sells products such as diaries for 195 pounds ($270) and leather passport covers starting at 170 pounds. It holds two warrants as a supplier to the British royal family. Oakley Capital's Iconic BrandCo said it has also bought Milan-based home decor firm Fornasetti and Italian luggage maker Fabbrica Pelletterie Milano. "The latest acquisitions mark an important step in Oakley's strategy of building a diversified group of luxury, heritage brands," Oakley Capital said in a statement. Iconic BrandCo also controls brands such as Alessi, Globe-Trotter and Connolly. ($1 = 0.7256 pounds)
Times
01-07-2025
- Business
- Times
Smythson sold to private equity firm Oakley Capital
Smythson, the leather goods maker which holds a royal warrant, has been sold to a private equity company after several years of losses and declining sales. The 138-year-old stationer said it had been bought for an undisclosed sum by Oakley Capital, founded by the financier and chief executive Peter Dubens. The company has been owned by Tivoli Group, one of Italy's largest handbag makers, since 2009. Smythson, which sold its Bond Street store last year as it struggled amid a global luxury slowdown, warned earlier this year that demand in the luxury sector remained 'uncertain' as it posted another decline in annual sales. The upmarket leather goods seller said it continued to suffer following the recent increase in interest rates and cost of living, as well as from the 'aftermath' of the Covid pandemic and the impact from the war in Ukraine.
Times
01-07-2025
- Business
- Times
Business live: UK house prices fall as stamp duty rise hits demand
The annual rate of house price growth slowed to 2.1 per cent in June from 3.5 per cent in May on weaker demand following the increase in stamp duty at the start of April, data from the mortgage lender Nationwide average price of a home is £271,619, down from £273,427 in May. Robert Gardner, Nationwide's chief economist, said: 'Nevertheless, we still expect activity to pick up as the summer progresses, despite ongoing economic uncertainties in the global economy, since underlying conditions for potential homebuyers in the UK remain supportive.' He said the unemployment rate remains low, wages are rising after stripping out inflaiton and borrowing costs are likely to fall in the coming quarters. Northern Ireland remained the top-performing area, with annual house price growth of 9.7 per cent. East Anglia was weakest, with 1.1 per cent year-on-year rise. Smythson, the 138-year-old leather goods maker which holds a royal warrant, has been sold to a private equity company after several years of losses and declining sales, writes Isabella Fish, Retail Editor. The company has been bought for an undisclosed sum by Oakley Capital, founded by the financier and chief executive Peter Dubens. It has been owned by Tivoli Group, one of Italy's largest handbag makers, since 2009. Smythson, which sold its Bond Street store last year as it struggled amid a global luxury slowdown, warned earlier this year that demand in the luxury sector remained 'uncertain' as it posted another decline in annual was started in 1887 by Frank Smythson, who opened a New Bond Street boutique promising 'stationery and fancy articles of a high-class character'. The dollar has weakened overnight as President Donald Trump's spending bill fueled fiscal concerns and uncertainty around trade deals hit sentiment. The dollar index, which measures the dollar against six other currencies, slipped to 96.612, its lowest since February 2022. Sterling rose against the dollar to $1.3742. Stock markets in Asia edged higher, except for Japan's Nikkei index, which fell on uncertainties around US-Japan trade talks. Trump wrote on Truth Social that Japan's reluctance to import American-grown rice was a sign that countries have become 'spoiled with respect to the United States of America'. The gold price rose, with the safe-haven asset supported by the weaker dollar and uncertainty over tariff policies ahead of Trump's July 9 deadline. The price rose 0.8% to $3,329.63 an ounce.
Reuters
30-06-2025
- Business
- Reuters
UK's Oakley Capital to sell legaltech platform vLex to Clio at $1 billion valuation
June 30 (Reuters) - British private equity firm Oakley Capital Investments (OCIO.L), opens new tab said on Monday it has agreed to sell its legal technology platform vLex to legal software provider Clio in a deal valuing the Spanish start-up at $1 billion.
Yahoo
22-06-2025
- Business
- Yahoo
Investing in Oakley Capital Investments (LON:OCI) five years ago would have delivered you a 146% gain
When you buy shares in a company, it's worth keeping in mind the possibility that it could fail, and you could lose your money. But on the bright side, you can make far more than 100% on a really good stock. One great example is Oakley Capital Investments Limited (LON:OCI) which saw its share price drive 132% higher over five years. So let's assess the underlying fundamentals over the last 5 years and see if they've moved in lock-step with shareholder returns. This technology could replace computers: discover the 20 stocks are working to make quantum computing a reality. While the efficient markets hypothesis continues to be taught by some, it has been proven that markets are over-reactive dynamic systems, and investors are not always rational. By comparing earnings per share (EPS) and share price changes over time, we can get a feel for how investor attitudes to a company have morphed over time. During five years of share price growth, Oakley Capital Investments actually saw its EPS drop 25% per year. This means it's unlikely the market is judging the company based on earnings growth. Because earnings per share don't seem to match up with the share price, we'll take a look at other metrics instead. We doubt the modest 0.9% dividend yield is attracting many buyers to the stock. It is not great to see that revenue has dropped by 8.6% per year over five years. So it seems one might have to take closer look at earnings and revenue trends to see how they might influence the share price. The company's revenue and earnings (over time) are depicted in the image below (click to see the exact numbers). We consider it positive that insiders have made significant purchases in the last year. Even so, future earnings will be far more important to whether current shareholders make money. Dive deeper into the earnings by checking this interactive graph of Oakley Capital Investments' earnings, revenue and cash flow. As well as measuring the share price return, investors should also consider the total shareholder return (TSR). The TSR incorporates the value of any spin-offs or discounted capital raisings, along with any dividends, based on the assumption that the dividends are reinvested. So for companies that pay a generous dividend, the TSR is often a lot higher than the share price return. As it happens, Oakley Capital Investments' TSR for the last 5 years was 146%, which exceeds the share price return mentioned earlier. The dividends paid by the company have thusly boosted the total shareholder return. Oakley Capital Investments shareholders gained a total return of 2.6% during the year. But that return falls short of the market. It's probably a good sign that the company has an even better long term track record, having provided shareholders with an annual TSR of 20% over five years. It may well be that this is a business worth popping on the watching, given the continuing positive reception, over time, from the market. I find it very interesting to look at share price over the long term as a proxy for business performance. But to truly gain insight, we need to consider other information, too. For instance, we've identified 2 warning signs for Oakley Capital Investments that you should be aware of. Oakley Capital Investments is not the only stock that insiders are buying. For those who like to find lesser know companies this free list of growing companies with recent insider purchasing, could be just the ticket. Please note, the market returns quoted in this article reflect the market weighted average returns of stocks that currently trade on British exchanges. — Investing narratives with Fair Values Vita Life Sciences Set for a 12.72% Revenue Growth While Tackling Operational Challenges By Robbo – Community Contributor Fair Value Estimated: A$2.42 · 0.1% Overvalued Vossloh rides a €500 billion wave to boost growth and earnings in the next decade By Chris1 – Community Contributor Fair Value Estimated: €78.41 · 0.1% Overvalued Intuitive Surgical Will Transform Healthcare with 12% Revenue Growth By Unike – Community Contributor Fair Value Estimated: $325.55 · 0.6% Undervalued View more featured narratives — Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Sign in to access your portfolio
