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Birmingham Post

Business

Jon Robinson

Missguided cuts 63 jobs as founder Nitin Passi steps down as chief executive

Nitin Passi Missguided Teneo

Fashion retailer Missguided has announced it has cut 63 jobs and its founder has stepped down as chief executive.

The Manchester-headquartered company also confirmed it has appointed Teneo "to explore strategic options for the business".

Teneo recently led the sale of Studio Retail Group to Mike Ashley's Frasers Group after it had fallen into administration.

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Top stories on inkl right now

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One subscription that gives you access to news from hundreds of sites

Already a member? Sign in here

Measles is spreading across the US – and officials can’t agree on the death toll

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