December 5, 2020

Ruth Chapman of Toasts Osman, Talks About the Future

FAMILY AFFAIR: There was a celebratory spirit at No. 23,’s private townhouse, where guests gathered on Tuesday to celebrate the launch of an exclusive capsule collection by Osman Yousefzada for the retailer. The event doubled as an unofficial celebration of the company’s sale to Apax Partners for a reported 1 billion pounds.
“I’m really excited about the future,” said Ruth Chapman, who founded Matches as a brick-and-mortar retailer with her husband Tom Chapman 30 years ago. “Our team is amazing, super strong and this is really the tip of the iceberg. I really think that the team at Apax are exactly the right people to take it to the next level.” She added that she has also been gathering ideas for personal projects she wants to work on but it’s to early to talk specifics.
As part of the deal, unveiled last Friday, the Chapmans will retain a minority stake in the company and take on the role of consultants to the omnichannel retail business.

The Osman x capsule collection.
Courtesy Photo

Referring to the new capsule collection with Osman, Chapman said it was aligned with the company’s values of keeping things close to the family and nurturing talent. Yousefzada has been championed

Follow WWD on Twitter or become a fan on Facebook.

Read More…