Designer labels owed millions after collapse of Matches
The Guardian|April 25, 2024
Designer brands including Gucci and Anya Hindmarch have been left millions of pounds out of pocket and some customers will not get refunds after online fashion site Matchesfashion collapsed owing more than £210m last month.
Sarah Butler
Designer labels owed millions after collapse of Matches

Customers who bought designer items prior to the administration cannot return items or get a refund, according to a report by administrators published yesterday.

Matches, founded in 1987 as a boutique in the London suburb of Wimbledon by husband and wife Tom and Ruth Chapman, collapsed on 8 March after it was hit by widespread discounting and softening demand for luxury fashion.

Matches was acquired by Mike Ashley's Frasers in late 2023 for £52m in cash from the private equity firm Apax Partners, and Frasers put in £33m to keep it trading.

هذه القصة مأخوذة من طبعة April 25, 2024 من The Guardian.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

هذه القصة مأخوذة من طبعة April 25, 2024 من The Guardian.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

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