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Daily Mirror

Business

Sam Barker

REVEALED: Billionaire mike ashley s firm buys missguided after it plunges into administration | Vintage Vibes

Mike Ashley Missguided Studio Teneo Frasers Group

Mike Ashley's Frasers Group has revealed it has bought online fashion retailer Missguided out of administration for £20million.

Fast fashion firm Missguided called in administrators yesterday after failing to secure a last-minute buyer.

But just a day later Mike Ashley's firm, Frasers Group, announced it was buying Missguided.

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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

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LAPD chopper and Navy helicopter nearly collide: ‘You guys gotta pay attention’

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