Matches

Today’s news in brief-1/2/25

The Co-op has shut down parts of its IT systems after hackers attempted unauthorised access, causing minor disruptions to call…

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Frasers Group eyes Matches relaunch as exclusive members’ club

Frasers Group is reportedly looking to relaunch Matches Fashion as an exclusive members’ club, according to The Times.  Having brought…

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Will Mytheresa’s acquisition of YNAP create a leader in digital luxury?

Mytheresa’s acquisition of Yoox Net-A-Porter will bring together Mytheresa, Net-A-Porter, Mr Porter, Yoox, and The Outnet under the banner of…

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Strategic market entry: when to follow and when to challenge

The decision of how to enter a new market represents one of the most critical strategic choices a retailer can…

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Today’s news in brief-10/5/24

The UK economy has emerged from recession with a growth of 0.6% in the first quarter of 2024, surpassing economist…

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Frasers ups stake in Boohoo to 23.1%

Mike Ashley’s Frasers Group has upped its stake in Boohoo to 23.1% as it continues investing in a number of…

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Today’s news in brief-30/4/24

Shop price inflation in the UK eased to 0.8% in April, a decrease from 1.3% in March, according to the…

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Frasers buys back Matches IP from administration

Frasers has announced that it has reached an agreement with the administrators of Matches Fashion to acquire certain intellectual property…

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Matchesfashion creditors owed £36m following collapse

Burberry, Gucci and Prada are among the creditors owed £36m following the collapse of Matchesfashion last month, the FT has…

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Number of retailers going insolvent jumps to 2,195, says Mazars

The number of insolvencies of retailers increased 19% in the past year to 2,195 in 2023/24, up from 1,843 in…

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