UK Online Fashion Retailer Missguided Falls into Administration

A person holding an umbrella walks underneath rows of Union Jack flags hanging across Regent Street in London, Britain, May 30, 2022. (Reuters)
A person holding an umbrella walks underneath rows of Union Jack flags hanging across Regent Street in London, Britain, May 30, 2022. (Reuters)
TT

UK Online Fashion Retailer Missguided Falls into Administration

A person holding an umbrella walks underneath rows of Union Jack flags hanging across Regent Street in London, Britain, May 30, 2022. (Reuters)
A person holding an umbrella walks underneath rows of Union Jack flags hanging across Regent Street in London, Britain, May 30, 2022. (Reuters)

British women’s online fashion brand Missguided has fallen into administration, a form of protection from creditors, with Teneo Financial Advisory appointed as joint administrators.

Teneo said Missguided will continue to trade whilst a buyer of the business is sought.

"As we continue to see, the retail trading environment in the UK remains extremely challenging," said Teneo's Gavin Maher.

"The joint administrators will now seek to conclude a sale of the business and assets, for which there continues to be a high level of interest from a number of strategic buyers."



AlUla Shines at ‘Christian Dior: Designer of Dreams’ Exhibition

The exhibition features a dedicated artistic section inspired by the allure of AlUla. SPA
The exhibition features a dedicated artistic section inspired by the allure of AlUla. SPA
TT

AlUla Shines at ‘Christian Dior: Designer of Dreams’ Exhibition

The exhibition features a dedicated artistic section inspired by the allure of AlUla. SPA
The exhibition features a dedicated artistic section inspired by the allure of AlUla. SPA

As part of Riyadh Season 2024, the Christian Dior: Designer of Dreams Exhibition, hosted at the Saudi National Museum in Riyadh, celebrates the beauty of AlUla, the historical and natural treasure in the Madinah Region.
The exhibition features a dedicated artistic section inspired by the allure of AlUla, showcasing innovative designs that capture the sunlight illuminating the golden desert sands. The immersive display blends the legacy of the past with nature's authenticity and the elegance of modernity.
Visitors can experience a visual journey that highlights the harmony between the heritage of AlUla and the iconic designs of the House of Dior, offering a unique artistic perspective. The exhibition also underscores AlUla's influence in inspiring global designers and presenting Saudi Arabia's natural beauty and rich culture to the world.