Matchesfashion Denied Selling Rumors To Be Positive.

Matchesfashion.com is a global luxury shopping platform for men and women. It sells more than 400 designer brands, including Saint Laurent, Balenciaga, Chlo, Isabel Marant, Gucci, Dolce & Gabbana, Stella and Chlo.

The website distribution covers more than 170 countries, and provides a seven day and 24 hour all-weather service through MyStylist, a professional fashion team.

Tom Chapman, founder and co chief executive of Matchesfashion.com, a British fashion retailer, denied on Sunday that the news in London's Sunday Times reported that his company Matchesfashion.com had hired New York international Financial Services Company Morgan Stanley Morgan Stanley to seek strategic options for its business, and could lead to its sale.

The London Times Sunday quoted a financial statement that did not disclose its name, saying the company could be worth up to 200 million pounds (about 314 million dollars).

Matchesfashion.com is the online sales platform launched by Matches, a British fashion retailer, in 2013. It includes 13 London entities and Matches online sales service, and a total of 5 fashion boutiques.

Matches was founded in 1987 by two people from Tom and Ruth Chapman. Now they are also co CEO of the company.

When the company changed its name in 2013, they said that Matches had become a multi-channel global retailer to provide the best fashion luxury.

All platforms must be unified under the new brand name of Matchesfashion.com.

Responding to the incident, Tom Chapman responded: "of course, we will regularly evaluate our strategic choice of operations, but there are no ongoing procedures.

The London Times Sunday article is groundless, purely speculative.

We observe the latest developments in the industry and always assess what is best for long-term development of our business, especially in terms of our continued performance and business growth.

If the majority of the controlling shareholder Chapman and Scottish Equity Partners of a minority holding Venture Capital Firm agree to sell.

So in the past year, they will be the third independent European fashion retailers to be integrated and sold.

The gradual decline of industry makes it and fashion.

The upsurge of mutual integration is more and more intense.

In September last year, Neiman Marcus Group, the US luxury department store, agreed with its founder Christoph and Susanne Botschen partners and their investors Acton Capital Partners to successfully acquire online luxury business of the fashion business Mytherera.com, and to purchase the flagship store in the central area of Munich from the hands of Botschen.

And last week, Farfetch, the UK's e-commerce platform, bought the shares of Browns, a London fashion boutique retailer, focusing on building online and offline businesses and testing new full channel projects.

Matchesfashion.com chief executive officer Ulric Jerome once said at the WWD digital summit last month that Matchesfashion is an increasingly internationalized business.

According to company data, sales in the UK market accounted for 30%, while the US grew 87% last year, becoming the second largest market for Matchesfashion, and sales in Asia doubled.

At present, the average amount of the order is about 450 pounds (about 693 US dollars).

Tom and Ruth Chapman founded two Matches stores in Wimbledon, England, in 1987, and opened four stores in high-end London communities.

In 2007, Matches launched the booming online website and made the website sales account for 80% of the total sales.

By 2013, the company formally announced that Matches's 13 London stores and online sales service were renamed Matchesfashion.com.