Angry suppliers to Missguided weigh up legal action against ‘reckless’ owners

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Angry suppliers to Missguided weigh up legal action against ‘reckless’ owners
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  • 📰 The Guardian
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Firms claiming to be owed millions of pounds said retailer ordered goods despite insolvency looming

Suppliers to the collapsed fast fashion brand Missguided have filed an official complaint to the Insolvency Service and are considering legal action over what campaigners say was “a reckless approach” by the company’s private equity owners.from advisory firm Teneo on Monday after months of seeking new funds after a boom in sales of clothing online during the pandemic went into reverse when shops reopened.

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