Clothing & Shoes

Matchesfashion appoints new CEO

In addition, Nick Beighton is a member of the Tech Future Fifty Programme Advisory Panel, the Retail Sector Council and is chairman of Secret Sales

Online luxury retailer, Matchesfashion, has announced the appointment of Nick Beighton as the company’s new chief executive officer. Beighton will take over from Paolo De Cesare who will hand over responsibilities this month, with Beighton taking his role at the start of August.

Beighton joined Asos Plc in 2009 acting as CFO and COO before becoming CEO in 2015. He is said to have helped grow the online retailer from £178m in revenues and 150 people when he started, to £3.9bn of revenues and 15,000 people when he left in October 2021. 

In addition, he is a member of the Tech Future Fifty Programme Advisory Panel, the Retail Sector Council and is chairman of Secret Sales.

Paolo De Cesare said: “I am pleased with the progress we have made at Matchesfashion since I joined. The business is growing, we are strengthening relationships with our luxury brands and hiring some excellent new talent. I have enjoyed working with the talented team and wish Nick and the team the best for continued success.”

Beighton said: “I love fashion and e-commerce and have long been an admirer of Matchesfashion. It is a pioneer in the sector and has redefined the face of luxury shopping with its unique fashion perspective and distinct, curated edit. 

“Using technology, product, logistics and culture, I have helped disrupt existing consumer patterns and galvanise change in organisations and I hope to bring these skills to my new role.”

Tom Hall, partner at Apax and member of the board of directors at Matchesfashion, said: “Matchesfashion is in a fortunate position to be able to attract a CEO of Nick Beighton’s calibre. Nick is a proven operator with phenomenal knowledge of online retail. On behalf of the Board, I would like to thank Paolo for everything he has achieved at Matchesfashion and wish him well in his future ventures.”

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