Matchesfashion.com sells majority stake to Apax after fierce bidding war

London

Matchesfashion.com, the British luxury e-commerce group that began life as a single bricks-and-mortar boutique before growing into one of the most powerful online players in the global high-fashion market, has a new majority shareholder after a fierce bidding war.

The company said on Friday that the private equity firm Apax Partners would take a controlling stake…