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.
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