Matches to close website and remaining stores following administration

Matches will close down its website on 30 June alongside its two remaining stores in Marylebone and Wimbledon over the coming weeks.

The move comes three months after owner Frasers Group placed the luxury fashion retailer into administration.

Matches emailed customers to say that the website will close at midnight on Sunday, with an extra 20% off available on selected discounted items for a minimum spend of £200, Drapers reported.

The business shuttered its Mayfair store on 5 Carlos Place last month.



Back in March, Frasers Group appointed administration less than three months after buying Matches for £52m from Apax Partners, saying the retailer “consistently missed its business plan targets and, notwithstanding support from the group, has continued to make material losses”.

On 29 April, the Mike Ashley founded group said it had acquired Matches’ intellectual property for an undisclosed sum, though the deal did not include the retailer’s £83m worth of stock or its remaining staff.

Prior to the administration, Matches employed 533 staff across its head office and three stores in London.

As of May, around 120 employees remain as they continue to sell the remaining stock, including staff across finance, trading, customer service, distribution and stores.

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