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Daily Mirror
Daily Mirror
Business
Sam Barker

Fast fashion firm Missguided collapses into administration owing millions of pounds

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

Missguided called in administrators Teneo after suppliers it owed millions of pounds to petitioned for it to be wound up.

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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