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Daily Mirror
Daily Mirror
Business
Sam Barker

Billionaire Mike Ashley's firm buys Missguided after it plunges into administration

Mike Ashley's Frasers Group has revealed it has bought online fashion retailer Missguided out of administration for £20million.

Fast fashion firm Missguided called in administrators yesterday after failing to secure a last-minute buyer.

But just a day later Mike Ashley's firm, Frasers Group, announced it was buying Missguided.

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