Our company was founded in 2001 by one of the world’s premier retailing families which uses its expertise and networks to enable our management teams to realise their growth potential.

Manzanita Capital is located in London and is authorised and regulated by the Financial Conduct Authority.

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    Space.NK.apothecary is a British beauty retailer operating in both the UK and US offering a highly edited selection of the most innovative products sources from around the world.


    Diptyque is a French Fragrance House famous around the world for its signature candles as well as personal fragrance and body care.


    Byredo is a Stockholm based fragrance house founded on 2006 by Ben Gorham.  Products currently include perfume, body care, home fragrances and accessories.


    Kevyn Aucoin is a sophisticated American makeup brand using classical colours for timeless elegance.


    Space Brands is a collection of premium beauty brands sold by prestigious retailers globally and includes Eve Lom and Lipstick Queen


    Space Brands is a collection of premium beauty brands sold by prestigious retailers globally and includes Eve Lom and Lipstick Queen


    10/10 Apothecary – originally from Taiwan – is a premium beauty retailer with a brand and product offer that is tailored to the needs of an Asian consumer.

    Focused on Hong Kong and mainland China, CLIM distributes premium niche beauty brands across a variety of retail and wholesale channels.


    (MALIN + GOETZ) is New York based Apothecary brand blending natural ingredients with performance technologies for women and men.

The Team
William S. Fisher

Bill Fisher, CEO and Founder Bill served as the Founder and President of the International Division for GAP Inc, expanding the Company into Canada, Japan and Europe. He started Manzanita Capital in 2001. Currently, Bill lives in San Francisco, California and has previously lived in Canada and France. Education: Bill has a Bachelor of Arts degree in English from Princeton University and a Master's degree in Business Administration from Stanford University.

Chris Garek

Chris was formerly President and Representative Director of Gap Japan K.K. from its inception until 2006. Together with Bill, he established the GAP and Banana Republic brands in Japan following the success the two had in building GAP in Canada. Education: Chris graduated from Columbia University.

Barbara Donoghue

Prior to joining Manzanita, Barbara was Managing Director at a city financial advisory firm, a Member of the Independent Television Commission and Teaching Fellow at London Business School. She is a Member of the Competition and Markets Authority and a Trustee of Refuge, the UK domestic violence charity and was formerly a Non Executive Director of Eniro AB where she Chaired the Audit Committee. Education: Barbara has an MBA and B Commerce (Economics) from McGill University in Canada.

Andras Szirtes

Prior to joining Manzanita, Andras served as a board director of various retail companies including Hamleys, Jane Norman, All Saints, Magasin du Nord, Mappin & Webb, Watches of Switzerland, Goldsmiths, Julian Graves, DAY Birger, and Illum. Additionally Andras has been the chairman of eCommera an ecommerce provider and Souk a fashion mall. He also held various operating roles at Gap Inc. in San Francisco and at Pepsi Cola and acted as an advisor to Pacific Community Ventures, a socially responsible venture capital firm. Education: Andras has an MBA from UC Berkeley.

Patrick de Lambilly
Paula Levitan

Paula was formerly a partner in the London office of a large US law firm, where she led the retail practice.  Prior to that, she worked with Bill and Chris as Gap’s International Division lawyer where she helped launch the business in Japan as well as France and Germany.  Paula is licensed to practice law in England and Wales as well as New York and California.  Education: Paula graduated from the University of Michigan and obtained her JD with honours from Wayne State University Law School.  

Adelaide Citroën

Adelaide started her career as a strategy consultant at McKinsey working for a broad range of industries. She specialised in luxury and beauty while working at Burberry, first as a commercial & strategy analyst on Beauty then as a strategy manager on Eyewear and Watches. She also held various marketing and sales positions as an intern at Louis Vuitton, L’Oréal and Coty. Education: Adelaide holds a Masters Degree in International Management from ESCP Europe.

Harry Richards

Prior to joining Manzanita, Harry was a business analyst with Value Retail, the leading owner/operator of designer outlet malls. There he primarily focused on the expansion and development of the business in China. Education: Harry has a Bachelor of Arts degree in Classics from Oxford University.

Jonathan Hewitson

Jonathan started his career at PricewaterhouseCoopers working for the Private Equity & M&A team where he qualified as a Chartered Accountant. He then moved to J Rothschild Capital Management, which primarily manages the RIT Capital Partners investment trust, where he was responsible for tax and reviewing/structuring investments predominantly in relation to the private equity portfolio. Jonathan graduated from Newcastle University and is a member of the Institute of Chartered Accountants.

About Us

We invest in products we love and which we are proud to introduce to new markets.

We expect our entrepreneurs to be our partners. We are highly selective when making acquisitions because we lavish individual attention and support on our companies. We use our experience in international retail and branding and our financial expertise and resources to guide our management teams into new products or markets.

We aspire to be long term shareholders and believe that active participation at board level builds value.

Contact Us

Empire House, 175 Piccadilly, London, W1J 9EN

Tel: +44 (0)20 7494 1839