Matchesfashion owner injects £60m to revive business under new leadership

Matches Fashion store Wimbledon

Matchesfashion has announced that its owners, private equity firm Apax Partners, are set to invest £60m into the business.

The luxury fashion retailer said the investment will combine an anticipated split of £40m in equity and £20m in debt.

Apax originally acquired a majority stake in the fashion giant in 2017 and has since appointed former Asos boss Nick Beighton as the retailer’s chief executive.

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