Major fashion retailer to relaunch in UK following collapse

Major fashion retailer to relaunch in UK following collapse

Matches Fashion is set to return to the UK market after being bought by the founders of luxury shopping app Mile following its collapse into administration last year.Entrepreneurs Joe Wilkinson and Mario Maher have acquired the high-end retailer alongside its own-brand fashion label Raey, according to Vogue Business.The purchase marks a revival for the luxury brand, which entered administration in early 2024.The pair said the relaunched business…

Matches marks the first step in Hulcan’s ambitious plan to reinvent luxury ecommerce - InternetRetailing

Frasers Group has sold Matches Fashion to Hulcan, a new luxury retail group led by Joe Wilkinson and Mario Maher. This ends a rocky chapter for the previously bankrupt e-tailor Matches, which Frasers bought for £52 million in late 2023 before putting it into administration a few months later. Now, the brand’s intellectual property, including its in-house label Raey, will be relaunched under Hulcan’s leadership, backed by $150 million in investme…