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
2 x Lucrative Cafes & Food Kiosk Recently Departed from a Franchise in Cornwall. Well-Established and Longstanding. Ideal Coastal Location. Recently Renovated. Fantastic Reputation. Excellent Trade Throughout the Year. Offers invited.
LEASEHOLD
Flooring Specialists: Domestic, Contract, Rentals, HMO, Housing Associations, Ecclesiastic, Schools and New Build. Well-Established. Highly reputable with multiple years of repeat business. Over 25 years of experience in the field. Domestic and Comme...
LEASEHOLD
Blue Chip Client Base. Full Range of Display Systems. Limited Industry Competitors. Solid Platform for Growth. Offers invited.
LEASEHOLD
|
13
|
|
Sep
|
AFH Financial Group acquires two firms for £7.2 million | BUSINESS SALE
AFH Financial Group, a listed wealth management firm headqua...
|
12
|
|
Sep
|
Lucid Group completes acquisition of North West-based healthcare consultancy | BUSINESS SALE
Healthcare communication specialists, Lucid Group, has succe...
|
11
|
|
Sep
|
Controversial green energy firm goes bust and forced to appoint administrators | ADMINISTRATION
A small energy supplier providing green energy to 29,000 hou...
Sign up to receive our acquisition alert emails to get your FREE guide
|
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 ...
Business Sale Report is your complete solution to finding great acquisition opportunities.
Join today to receive:
All this and much more, including the latest M&A news and exclusive resources