MatchesFashion.com news and archive

Matchesfashion.com: Annual revenues surge 43.7 percent

For the year to January 31, 2018, according to accounts filed with the Companies House UK, Matchesfashion.com recorded group revenue of 293 million pounds (393 million dollars) compared to 204 million pounds (273.8 million dollars) in the previous year, representing a rise of 43.7 percent. EBITDA for the year reached 26 million pounds (34.9...

Report

Matchesfashion.com to open a new distribution center in London

Matchesfashion.com has announced plans to open a new distribution center near Heathrow Airport, in London, reports WWD. It adds that the new center to be opened in 2018, will let the company manage more number of shipments. The proposed site has the capacity to expand over 500,000 sq. ft. space, which will ultimately enable Matchesfashion.com to...

Management

Apax acquires Matchesfashion.com majority stake

Matchesfashion.com have confirmed venture capital group Apax Investments have acquired a majority stake in the company for an undisclosed amount. According to media reports the value of the London-based fashion emporium is in the realm of 800 million pounds, which sees founders Tom and Ruth Chapman, Scottish Equity Partners and Highland Europe...

Report|UPDATE

UPDATE: Matchesfashion valued at 800 million pounds following bidding fever

London - Increasing interest in Matchesfashion.com has raised the luxury fashion retailer’s valuation up to 800 million pounds, as rumours concerning a bidding war for the company continue. Matchesfashion.com continues to remain silent concerning news of a potential sale, but that has not stopped new reports from emerging that private equity...

Management

Matchesfashion.com unveils new studio plans following 600 million pound sale talks

London - Matchesfashion.com is gearing up for a bright future, as the British fashion retailer is reportedly heading towards a 600 million pound sale and set to open a new tech and design hub in east London. Matchesfashion.com, founded by duo Tom and Ruth Chapman in Wimbledon in 1987, has signed a lease for 22,000 square feet at Here East, in...

Business

Matchesfashion.com could enter stock market

Matchesfashion.com, better known to London shoppers as Matches, could be floated on the stockmarket as the company is thought to have brought on advisers to to manage the process. While not always a successful business, many designers complained of being paid very late outside of payment terms, yet the retailer always managed to keep the best...

Fashion

Christian Louboutin x Los Artesanos de Taller Maya for Mexicaba

London - Designer footwear and accessories label Christian Louboutin has partnered with luxury etailer Matchesfashion.com for an exclusive preview of its newest Treasure tote, the Mexicaba. The new tote bag, which features vivid panels made from handwoven cotton, bright embroidery and traditional handpainted beads was created in collaboration...

Report

Matchesfashion.com's annual sales and profit soar

Matchesfashion.com, the business, which is celebrating its 30th anniversary, has posted 61 percent jump in sales to 204 million pounds (253 million dollars) at the year ending January 31, 2016, says a Retail Week report. The company’s EBITDA zoomed five-fold to reach 19 million pounds (23.5 million dollars). The report added that the company’s...

Report

2016, the year MatchesFashion.com Christmas sales grew by 82 percent

The world’s second-largest online luxury retailer posted stellar Christmas sales, which increased a whopping 82 percent compared against the same period a year earlier. MatchesFashion.com reported a 82 percent year-on-year increase in sales for the period covering the six weeks to January, 8 2017. This holidays period was marked by many...

Fashion

Matchesfashion.com launches ’Sneaker Studio’ for men

British luxury retailer Matchesfashion.com has its sights set on upping its sneaker hand with the launch of its new dedicated area for men, the ’Sneaker Studio.’ The new online section offers a curated selection of both high-end sneakers as well as sportswear sneaker, designer brands and niche brands. “Over the last couple of seasons, the...

Fashion

International Woolmark Prize announces Judges for Regional finals 2016/2017

London - The International Woolmark Prize has announced the judging panels for the next cycle of its annual competition, which honours the most innovation womenswear and menswear designers and their use of wool. This year's competition is set to welcome industry experts to serve as judges once more, as well as acclaimed designers Jason Wu, Neil...

Fashion Featured

Altuzarra and matchesfashion.com launch capsule collection

New York - Joseph Altuzarra's popular shirt dresses will be coming to matchesfashion.com courtesy of a capsule collection that Altuzarra and the e-commerce retailer did together. In spring 2015, Altuzarra's shirt dress, which was reworked in gingham, sold out quickly much to frustration of numerous customers. The solution to this was launching a...