Former Spice Girl Victoria Beckham has demanded the return of all her summer stock from online retailer Matches after the fashion group’s collapse. Beckham, along with her label, VB, sent the stock in March only to find out days later that Matches had failed. Worried about not being paid, Beckham has been working with Mike Ashley’s Frasers Group, the new owner of Matches, to retrieve her clothing.
In the midst of the chaos, luxury womenswear label Cefinn, owned by Samantha Cameron, also faced a similar predicament with a large summer order placed by Matches. Without being paid upfront, Cameron feared financial turmoil as administrators took over and rejected her clothing. Following Beckham’s lead, Cefinn also demanded a full return of their stock, highlighting the uncertainty and challenges faced by smaller labels in the wake of Matches’ closure.
Despite concerns about Cefinn’s potential collapse due to the Matches closure, it seems the business is now on track to survive. With the slow process of shipments for the returned stock underway, both VB and Cefinn are pushing for what has been dubbed “the mother of all returns.” While all parties involved have declined to comment, the saga shines a light on the risks and complexities within the fashion industry.
