The founder of Missguided has described his "pride" in building the fashion retailer from nothing as he revealed his "great sadness" in stepping down as its chief executive.
The news that Nitin Passi was to leave his role was announced at the same time the company but 63 jobs and appointed Teneo 'to explore strategic options for the business'.
Missguided was founded by Mr Passi in 2009 and sold a 50% stake to Alteri Investors towards the end of 2021.
