Report: Matchesfashion Is Readying For A Sale

According to a recent report, London – based luxury fashion retailer Matchesfashion is readying for a sale.

“The luxury fashion retailer, which reported revenue of £204 million in 2016, is seeking advisors to manage a sale,” according to BoF.

“The company will likely be acquired by a private equity firm, and is already courting interest, the sources say.”

“Matchesfashion.com generates 95 percent of its revenue online, but also boasts four brick-and-mortar stores in London, as well as a private shopping townhouse in Marylebone. In May 2017, Matchesfashion.com also announced plans to establish a new space in London’s Mayfair. The site at 5 Carlos Place will open in the autumn, and play host to events, three floors of private shopping suites, and a two-floor retail store.”

Stay tuned to DM Fashion Book as this story develops!

Photos Credit: Drapers Online

Source: BoF