MatchesFashion CEO leaves the company
Ulric Jerome, up until now chief executive officer of MatchesFashion, has left the British luxury ecommerce platform.
MatchesFashion has an empty chair in its leadership. The British luxury ecommerce platform, up until now led by Ulric Jerome, hasn’t announced a replacement for the position. Fiona Greiner, CFO and COO, Tom Athron will assume his duties on an interim basis.
The executive joined the company in 2013, as COO and stepped in as a chief executive officer in 2015, leading a strategy that concluded with the opening of a digital-centric in the London location of Mayfair, launched a 90-minutes express delivery in the English capital and made infrastructure investments.
MatchesFashion is owned by Apax Partners, that acquired it in 2017
MatchesFashion is owned by Apax Partners, that acquired it in 2017 for a reported 1 billion dollars. The company was founded in 1987 as a small store in Wimbledon, and today is considered one of the global luxury ecommerce platforms that follows the pace of competitors like Farfetch and Net-a-Porter.
The global luxury platform ended its fiscal year 2018 with a 27% growth in its revenue, up to 372 million pounds (455 million dollars). During the same period, the company’s ebitda arrived at 26 million pounds (35 million dollars) with an increase of 34%.
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