Article 5ZT4W Online fashion retailer Missguided calls in administrators

Online fashion retailer Missguided calls in administrators

by
Sarah Butler
from World news | The Guardian on (#5ZT4W)

UK-based firm issued with winding-up petition by suppliers owed millions of pounds

Missguided, the online fashion specialist, has called in administrators after failing to secure a rescue bid.

The Guardian understands that administrators from Teneo were appointed on Monday after the company was issued with a winding-up petition by clothing suppliers who are owed millions of pounds. About 140 jobs are at risk.

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