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MatchesFashion, global luxury e-commerce platform, has announced it will be officially closing its doors for good by the end of this week, on June 30 at midnight. The downfall of MatchesFashion began to crystalize soon after its acquisition by Mike…
Luxury e-commerce is facing a tumultuous period, with once-thriving platforms now grappling with significant challenges. This week, the industry witnessed two major players, Farfetch and Matches, narrowly escape financial ruin by securing sales to new owners. The question on everyone’s…