Ruth Chapman

Ruth Elizabeth Chapman OBE (born December 1961[1]) is co-founder and former co-CEO of luxury fashion retailer MATCHESFASHION.COM.

For the New Zealand trade unionist, see Ruth Chapman (unionist).
Ruth Chapman
OBE
Born
Ruth Elizabeth Chapman

December 1961 (age 59)
NationalityBritish
OccupationBusinessperson
Known forMATCHESFASHION.COM
Net worth GB£455 million (Sunday Times Rich List, 2019)
Spouse(s)Tom Chapman (entrepreneur)
Children3

Early life

Born on the Wirral, Chapman attended West Kirby Grammar School for Girls.[2][3]

While growing up, Chapman said she was always interested in fashion and the "power of clothes". She was influenced by her mother, stepmother, and grandmother[3] and, as a teenager, spent the weekends rifling through fashion thrift stores.[3]

After leaving school, Chapman went on to work at fashion brand Jaeger, department store Harrods, and a video production company.[3][4] At the age of 21, Chapman met Tom Chapman, who convinced her to leave her job to help him run a fashion boutique.[3]

Career

Ruth and Tom Chapman co-founded MATCHESFASHION.COM as a single brick-and-mortar fashion store in Wimbledon, London in 1987.[2] The couple expanded the luxury fashion chain to 14 stores in London, including launching franchise stores for MaxMara and Diane von Furstenberg.[5] It went on to become the largest independent luxury fashion retailer in London.[6]

Chapman was known in the industry for working with new and up-and-coming talent, and has said that "discovering" new designers was key to the business' early success.[7][8] Chapman was credited with bringing designers including Versace, Prada and Bottega Veneta to the UK.[6]

In 2007, the couple launched the MATCHESFASHION.COM website, which Chapman has called a "seismic moment" for the business.[5] From the launch of the website, the business grew at up to 100 percent per year.[5] The company now stocks over 450 brands shipping to 176 countries, making 95 percent of sales online.[8][5]

In 2012, the Chapmans raised £20 million in venture capital from SEP and Highland Capital Partners.[5] The company also launched in-house label Raey.[3] In 2015, Ruth and Tom Chapman stepped down as co-CEO of MATCHESFASHION.COM to become joint chairmen.[9]

In 2017, Apax Partners acquired MATCHESFASHION.COM in a deal that valued the company at more than $1 billion.[9] The couple retain a minority stake in the business.[10]

In 2017, Chapman joined the jury of the ANDAM fashion award.[11] Between 2013 and 2017, Chapman sat on the British Fashion Council's NEWGEN selection panel to find new UK fashion talent.[12]

Personal life

Married to Tom Chapman, the couple have three children.[2] They have properties in London and Los Angeles, and have two dogs.[13]

Chapman supported The Telegraph's Women Mean Business campaign which aimed to close the finance gap between female and male entrepreneurs.[2] Chapman is a Patron of The Prince's Trust's Women Supporting Women campaign.[14]

In 2017, Ruth and Tom Chapman received the Drapers Award for Lifetime Achievement.[10] In 2018, Chapman was shortlisted for the Veuve Clicquot Business Woman of the Year Award.[7]

Ruth and Tom Chapman were both appointed Officer of the Order of the British Empire (OBE) in the 2020 New Year Honours for services to the international fashion retail industry.[15]

References
  1. "Ruth CHAPMAN - Personal Appointments (free information from Companies House)". beta.companieshouse.gov.uk. Retrieved 2019-05-17.
  2. Johnson, Jamie (2018-04-15). "Meet Ruth Chapman: the woman behind online designer clothing empire Matches Fashion". The Telegraph. ISSN 0307-1235. Retrieved 2019-05-17.
  3. "A View from the Top: Matches founder Ruth Chapman on being a fashion maven and mogul". The Independent. 2018-05-25. Retrieved 2019-05-17.
  4. D’Souza, Christa (2016-10-02). "The £130m Matches woman: meet Ruth Chapman". The Sunday Times. ISSN 0956-1382. Retrieved 2019-05-17.
  5. Stocker, 1 July 2011By Keely. "Tom Chapman". Drapers. Retrieved 2019-05-17.
  6. "Tom Chapman - Founder @ Matches Fashion". Crunchbase. Retrieved 2019-05-17.
  7. S.More. "Ruth Chapman, not afraid to be first - Fashion & Luxury, People & Profiles, Weekly Column Executive Search". The MBS Group. Retrieved 2019-05-17.
  8. Halliday, FashionNetwork com,Sandra. "'Shell-shocked' Matchesfashion founder vows to stay close to the business". FashionNetwork.com. Retrieved 2019-05-17.
  9. "Tom & Ruth ChapmanAre Among the 500 People Shaping the Global Fashion Industry". The Business of Fashion. Retrieved 2019-05-17.
  10. December 2017, 15. "Drapers Top 100 2017 – 24. Tom and Ruth Chapman, founders, Matchesfashion". Drapers. Retrieved 2019-05-17.CS1 maint: numeric names: authors list (link)
  11. Foreman, Katya (2017-03-30). "Ruth Chapman, Pascal Morand Join ANDAM Jury". WWD. Retrieved 2019-05-17.
  12. "Ruth Chapman: 'In fashion, when women talk, men listen. That's an". Evening Standard. 2013-09-05. Retrieved 2019-05-17.
  13. Carpani, Jessica (2018-06-25). "Matches fashion founder Ruth Chapman on the beauty oil she swears by, her easy style secret and reverting to a Nokia 3310". The Telegraph. ISSN 0307-1235. Retrieved 2019-05-17.
  14. "Women Supporting Women founding Patrons & Ambassadors | Women Supporting Women | Major gifts | Support our work | The Prince's Trust". www.princes-trust.org.uk. Retrieved 2019-05-17.
  15. "No. 62866". The London Gazette (Supplement). 28 December 2019. p. N11.
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