Husband and wife bank £400m from sale of Matchesfashion.com
by Sarah Butler and Zoe Wood from Technology | The Guardian on (#30Z61)
Tom and Ruth Chapman join the ranks of the mega-rich after selling their online designer fashion empire to investors
A husband and wife who started in fashion retail with one shop in Wimbledon 30 years ago have banked 400m after selling their online designer empire Matchesfashion.com to private equity investors.
Tom and Ruth Chapman will join the ranks of the mega-rich after taking their business, which sells brands including Gucci, Prada and Stella McCartney, as well as their own label Raey, to customers across the globe. They are understood to be keeping a stake in the business worth about 130m.
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