MatchesFashion

Global luxury retailer

B2C
Retail
Fashion
Consumer Goods
eCommerce

Company mission

MatchesFashion's mission is to offer the most personal luxury shopping experience in the world.

Employees

501-1000

HQ Location

London, UK

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Otta's take on MatchesFashion

Sam Franklin headshot

Sam Franklin

CEO of Otta

Founded in 1987 as a single brick and mortar store, MatchesFashion's partial transition online in 2012 allowed them to put over 650 established and new generation designers onto the online marketplace; all whilst maintaining their brand image through their London stores. This combination of physical and online presence is part of the reason why MatchesFashion has led the fashion industry in recent years, becoming one of the world's most renowned and respected luxury retailers.

After its acquisition by Apax Partners in 2017, the company was valued at more than $1 billion. This figure shows that the demand for luxury fashion has done nothing but rise over the last decade, especially as iconic designers like Gucci become more and more sought after due to their popularity within celebrity culture. The future success of MatchesFashion will undoubtedly lie in its ability to keep up with luxury trends - something it is well set to carry on doing.

Matchesfashion has recently raised a large amount of capital in a fundraising round which will help it ride out the current volatility in luxury clothing markets. It has also shaken up its leadership team, tapping the expertise of the former CEO of ASOS, Nick Beighton. Early signs of a turnaround for MatchesFashion are encouraging, with its operations in the Middle East growing rapidly and holiday sales continuing to trend up year on year.

Total funding - $73.8m

Last fundraise

Jan 2023

$48.9m

GROWTH EQUITY VC

Company benefits

  • Pension plan
  • 50% staff discount
  • Option to buy extra holiday
  • 25 days holiday (excl. bank holidays)
  • Work from home opportunities
  • Health insurance
  • Day off on your birthday
  • Work abroad for up to 30 days

Company values

  • We believe we all have a part to play: We are focused on the same goals and help one another succeed. Our company acts as one team and supports each other
  • We are ambitious for our future: We are brave, try new things, test and learn to drive the right ideas forward. We also make the right decisions, always putting our customers at the heart
  • We celebrate each other: We are respectful, kind and welcoming and take the time to reflect on our achievements, recognising both big and small

Founders

Nick Beighton

(CEO, not founder)

Was previously CEO of ASOS. Currently is also Chairman of Secret Sales, an online designer outlet.


People progressing

Joined as Brand Partnership Manager in 2016, promoted to Senior Brand Partnerships Manager after 2 years, then promoted again to Head of Brand Partnerships a year later.

Diversity & Inclusion at MatchesFashion

  • Diversity and Inclusion is a priority for MATCHESFASHION – we delight customers around the world and so it’s important that our team represents our customers
  • We want to attract the very best talent and create an inclusive environment that celebrates the diversity of our people and enables them to do the best work of their careers. We recognise the world is not a perfect place and that bias exists, which is why we take a focused approach in this area and are committed to ensuring that all our people processes are equitable
  • We are an equal opportunity employer. All applicants will be considered for employment without attention to ethnicity, religion, sexual orientation, gender identity, family or parental status, national origin, veteran, neurodiversity status or disability status

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