Millennial fashion retailer Missguided mulling a sale

Fri, 14 Apr 2017 | BUSINESS SALE

Female fashion retailer Missguided is considering a sale or a stock market listing as it eyes an aggressive expansion strategy.

Sky News reported that the retailer has called in Rothschild for guidance and could be looking to bring in outside investors by 2018 or 2019.

Missguided, also in the news for being named in a Sky News investigation into real animal fur being sold as fake, was founded by Nitin Passi in 2009 and creates clothes “designed by in-house talent that's made to equip millennial women with the fashion they need for all elements of their life”.

If it floats, the company would be listed alongside competitors including Asos and Boohoo.

Sky said while Missguided’s sales in the 12 months to March 2015 were £117 million, they are understood to have “grown considerably” since then.

As well as its online operation the firm has a physical store at the Westfield shopping centre in Stratford, London, and is embarking on an ambitious international expansion plan.

Missguided, alongside House of Fraser, was recently named in an investigation into real animal fur being sold as fake on British high streets, despite both retailers having fur-free policies.

In a statement Missguided said: “Missguided does not condone the use of fur in any of its products and is investigating the issue raised by Sky. The items referenced in the article have been removed from sale.”

Find retailers for sale.
Subscribe to the Business Sale Report here


Share this article



Latest Businesses for Sale

Indoor Trampolining Adventure Park
Telford, Shropshire, West Midlands, UK

Indoor trampoline park offering a wide variety of activities including, dodgeball, battlebeam, jump tower, interactive wall, bouldering wall, inflatables, Ninja warrior, basketball, toddler area, mini football pitch, dance school, tricking classes, s...

Asking Price: £950,000
Turnover: £1,000,000

LEASEHOLD


Assets of a Removal Company (Fast Sale)
UK Wide

Viewing: Thursday 23 May 2019 between 9am and 12 Noon. (By appointment only). Closes From 12 Noon Tuesday 28 May 2019.

Asking Price: Offers Invited
Turnover: < £500k

Recruitment Agency
UK Wide

Formal offers for the business as a whole to be received no later than 12 noon on Friday 24 May 2019. An opportunity exists to purchase the business and assets of a Recruitment Agency Start-up Business.

Asking Price: Offers Invited
Turnover: £381,186


View more businesses for sale

News Search

Latest News

 
17
 
May
 

Greater Manchester staffing firm acquires security services company | BUSINESS SALE

A security services business headquartered in Newton-le-Will...

 
16
 
May
 

Midlothian IT company enters administration with assets up for sale | ADMINISTRATION

An Edinburgh-based IT firm has collapsed into administration...

 
15
 
May
 

Logistics recruiters and distributors snaps up Birmingham-based counterpart | BUSINESS SALE

Challenge TRG Group, headquartered in Wigan, has successfull...

Free guide: 10 Biggest Buyer Mistakes

Sign up to receive our acquisition alert emails to get your FREE guide

Email


Related News

 
24
 
Apr
 

Majestic Wine considering the sale of its UK stores | BUSINESS SALE

Thought to be the UK’s largest specialist retailer of ...

 
19
 
Dec
 

House of Fraser in talks to sell business | BUSINESS SALE

A sale is on the cards for department store House of Fraser ...

Want access to the latest businesses for sale?

Business Sale Report is your complete solution to finding great acquisition opportunities.

Join today to receive:

  • Comprehensive range of businesses for sale
  • Make direct contact with business sellers or their intermediaries
  • Access to all UK administrations, liquidations and winding-up petitions
  • Daily email alerts for the latest businesses for sale & distressed notifications
  • Business Sale Report publication posted to you every month
  • Advertise your acquisition requirements on our "business wanted" section

All this and much more, including the latest M&A news and exclusive resources