Frasers ends Matches, luxury market trembles

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Artur Stańczuk
March 17, 2024
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Summary:

Frasers Group's abrupt exit from Matchesfashion reveals deep troubles in the luxury marketplace sector. Amid rising operational costs and shifting consumer preferences, the landscape for online luxury fashion retailers like Farfetch, YNAP, and Matches darkens, with Mytheresa now standing as the last beacon of hope.

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