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

Two Cafes & Food Kiosk
Cornwall, UK Wide

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.

Asking Price: £299,950
Turnover: £500,000

LEASEHOLD


Flooring Specialists
Hertfordshire, UK Wide

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...

Asking Price: £400,000
Turnover: £850,000

LEASEHOLD


Movable Art Display Walls Design & Manufacture
Wiltshire, UK Wide

Blue Chip Client Base. Full Range of Display Systems. Limited Industry Competitors. Solid Platform for Growth. Offers invited.

Asking Price: Offers Invited
Turnover: £403,159

LEASEHOLD



View more businesses for sale

News Search

Latest News

 
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...

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