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Daily Record
Daily Record
Lifestyle
Rachel Williams

Fast-fashion firm Missguided collapses into administration as it owes millions

Fast fashion firm Missguided has fallen into administration after failing to secure a last-minute buyer.

The business called in administrators from Teneo after it was issued with a winding-up petition by suppliers owed millions of pounds.

The insolvency specialists are now seeking to sell the business and assets of the retailer, which employs around 330 staff from its Manchester base.

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