Winding-up petition issued to fashion firm by suppliers owed millions of pounds
The online clothing retailer Missguided is teetering on the brink of collapse after being issued a winding-up petition by clothing suppliers who are owed millions of pounds.
The fast fashion company, which made headlines with its £1 bikini three years ago, is understood to be close to calling in administrators from the insolvency specialists Teneo as early as Monday.
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