Arel, who will assume the role of Fullbeauty CEO in the coming months, will succeed acting-CEO and board member Seth Brody. Arel comes to Fullbeauty from Amazon subsidiary Quidsi, where she served as CEO.
Matchesfashion.com has announced that it will open a new distribution centre close to Heathrow airport in West London in early 2018 as it prepares for its next stage of growth under its new majority owner.
The buzz around the potential sale of matchesfashion.com is at fever pitch with the suggested £600 million sale price now rumoured to be £800 million as private equity groups line up to bid for the luxury e-tailer.
Is Matchesfashion set to be the latest business snapped up by an investment fund? Rumours have been swirling around the luxury e-tailer for months, but now it seems it really in in talks with investors about a takeover.
It may not come as a huge surprise but reclusive billionaires David and Frederick Barclay have put their plans to sell the giant Shop Direct e-tail business on hold as analysts said the £3 billion price tag was too high.