Apax Partners has agreed to inject £40m of equity and £20m of additional debt into the online retailer of brands such as Gucci and Valentino, Sky News learns.
"Our trading performance has been very strong in recent months and we are well-positioned as a business, having significantly strengthened our top team.
This period also included Matchesfashion's biggest-ever trading day, which was up 35% on the prior year, the source added.Apax bought a controlling stake in Matchesfashion in a deal valued at about $1bn, but the investment has been beset by operational problems. Its fortunes resembled those of many online fashion retailers, which saw a COVID-inspired sales bounce evaporate.
Mr Beighton spent more than a decade at ASOS, initially as chief financial officer before becoming CEO in 2015.
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
Partners in life and in crime - the couples who broke the law togetherPartners in life and in crime: The couples who broke the law together
Lire la suite »
Arsenal, Chelsea learn eye-watering new price tag for 'rebellious' Brighton man with £60m bid well shortBrighton and Hove Albion have reportedly increased their valuation of Moises Caicedo after Arsenal and Chelsea had bids rejected for the midfielder.
Lire la suite »
Arsenal submit new £70m offer to Brighton for Caicedo and still want to add Declan RiceArsenal have upped their offer for Brighton’s Moises Caicedo to £70million, but still plan more midfield upgrades in the shape of Declan Rice. Brighton had already turned down a £60m offer from the…
Lire la suite »
Takeaway owner crippled by the cost of living crisis forced to closeEddie spoke honestly about why the takeaway has been forced to close in the post.
Lire la suite »