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Frasers Group strikes multimillion-dollar deal for Matchesfashion

According to the buyer, the deal represents a chance for to further boost luxury offerings. Image credit: Matchesfashion The buyer purchased the business in a deal reportedly worth nearly $57 million at current exchange. Image credit: Matchesfashion

 

U.K. retailer Frasers Group is acquiring luxury ecommerce platform Matchesfashion.