Retail news round-up August 13, 2013: Nicole Farhi’s debts were £20m at collapse according to administrator’s report and eBay UK teams up with Dressipi.
Nicole Farhi’s debts were £20m at collapse
Fashion retailer Nicole Farhi collapsed last month with debts of almost £20m according to the administrator’s report.
The retailer owed £15.7m to owner Kelso Place Asset Management, more than £500,000 to the taxman and £2.9m to unsecured creditors, The Telegraph reported.
Matalan heiress Maxine Hargreaves-Adams’ purchase of the business was worth £5.4m and was one of six offers for the company, it has emerged.
Ebay UK teams up with Dressipi for personalised fashion searches
Ebay UK has teamed up with Dressipi to trail a personalised shopping service for fashion shoppers in the UK.
The six month trial will see Dressipi’s Fashion Fingerprint technology integrated with eBay’s Fashion Gallery, giving eBay shoppers personalised access to clothes and accessories.
The integration of Dressipi’s Fashion Fingerprint technology to eBay’s UK site will offer female shoppers two levels of recommendation.
Customers will initially see a curated selection of clothes, shoes and accessories selected from Dressipi’s team of personal stylists. For those who choose to provide information about a their shape, size, brand preference and confidence levels, will get tailored recommendations about which garments available on eBay would fit them.