Matchesfashion's CEO of just a year has stepped down with immediate effect. Ajay Kavan has left the firm and director Maureen Chiquet has taken on the role of executive chairwoman as the company looks for a new leader.
Brexit is killing British fashion and action must be taken as bureaucracy and travel issues since the UK left the EU have caused big problems, according to an open letter signed by 400 sector luminaries and creatives.
Matchesfashion may have made a loss in the 12 months immediately before the pandemic hit last year, but its directors said they were “satisfied” with the results in the year as sales rose and it invested in the business.
Matchesfashion is continuing to bolster its senior team and has named Natalie Kingham to the new role of Global Fashion Officer. She'll build “deeper relationships with the world’s most discerning luxury customers”
American-born executive Ian Rogers is to exit 24S, the fledgling e-commerce wing of LVMH, the world’s largest luxury conglomerate, as part of a major shakeup in digital and information technology within the group.
Matchesfashion and Net-A-Porter are playing a game of senior musical chairs with one of the leading lights of the latter joining Matches, while its commercial chief heads for a role at Richemont-owned Net-A-Porter.