Matches to shut down for good on 30 June
Matches is to close forever at the end of this month after a period in which it has been clearing stock under the control of its administrators. The luxury fashion …
Apax Partners
Is it game over for sector’s biggest names?
Matches has laid off almost half its staff — 273 people — as it trades through administration while a buyer is sought by insolvency specialist Teneo. The company had employed …
Matches to go into administration following purchase by Frasers
In 2017 it was sold by its founder for a price rumoured to be £800 million. A few months ago Frasers Group bought it for just £52 million. And now …
Matches COO exits to take up DHL role
Luxury fashion e-tailer matches has had a new owner since December and now it may be on the hunt for a new COO too with news that Stuart Hill is …
Sneaker king wants to be Britain’s Arnault
By Bloomberg Published Dec 21, 2023 Mike Ashley began to look like he was emulating LVMH founder Bernard Arnault when he elevated a scion of his sportwear empire to a senior …
Frasers Group has Matches in its sights
Frasers Group may have been suggested as a possible buyer for Browns if it comes up for sale, but a report has suggested it could snap up Matches before Browns …
Matches sales fall, losses widen, but e-tailer is making progress on its turnaround
Luxury retailer Matches saw revenue falling 1.68% in the year to January, hitting £380.1 million as factors including Brexit, cautious consumers and rising interest rates all weighed on its performance. …
WGSN owner to sell giant trends business to Apax
The next chapter in the life of leading fashion and beauty trends forecasting business WGSN is set to begin with news that it’s being sold to private equity giant Apax. …
From abstract impressionism to non-dyed Mongolian cashmere
Eric Bompard’s fresh and novel design renaissance continues this season as the cashmere specialist showed a collection inspired by Joan Mitchell, the American artist that featured in a recent duo …