Missguided

Last updated
MGL Realisations (2022) Limited
Missguided
Company type Private
IndustryRetail
Founded2009;15 years ago (2009)
Founder Nitin Passi
Headquarters
Trafford Park
,
UK
Key people
Greg Pateras
ProductsClothing
Parent Shein
Website missguided.co.uk

Missguided is a UK-based fast-fashion retailer selling clothes aimed at women aged 16-35 years old. [1]

Contents

Missguided's headquarters were in Stretford, Greater Manchester until 2015 when they moved to Trafford Park. [2] [3] In May 2022 the company went into administration, with the assets subsequently bought by the Fraser Group and later sold to Shein.

History

Missguided was established in 2009 by Nitin Passi. [4] Since its launch, the online retailer has experienced rapid growth in the UK [5] [6] and has expanded into the US, Australia, France and Germany. [7]

In March 2015, Missguided launched in US department store Nordstrom, followed by a concession at Selfridges Trafford Centre in June. [8] In November, the second UK bricks-and-mortar store was opened within Selfridges Manchester Exchange Square and the third was opened in Selfridges in Birmingham in March 2016. [9]

In September 2017, Missguided announced the launch of the menswear label Mennace. [10]

In December 2021, investment firm Alteri Investors acquired a 50% stake in Missguided. [11]

In May 2022 it was reported Missguided were on the 'brink of collapse' after being issued with a winding up petition by its suppliers who were owed millions of pounds. [12]

On 31 May 2022 Missguided went into administration after being unable to pay its debts. [13] The next day, on 1 June 2022, Frasers Group bought the intellectual property of Missguided and its sister brand Mennace for around £20 million. [14] It is estimated that 87 staff members will be made redundant and 147 will be moved to Frasers Group, [15] with the legal name changed to MGL Realisations (2022) Limited in July 2022. [16] Frasers Group later bought fashion company I Saw It First. Greg Pateras, former Matalan CEO, was appointed CEO of both companies in August 2022.

In March 2023, Missguided began to tease their rebranding on their Instagram page, revealing a brand new logo. On 14th March, Missguided revealed the date of their relaunch is 31 March 2023.

In 30 October 2023, Frasers Group sold the branding rights and intellectual property of Misguided to online marketplace Shein, while retaining the staff and real estate of the company. [17]

Products

In September 2015, the company introduced tall and petite lines which each featured around 70 pieces, following its plus-size collection in November 2014. [18] For Winter 2015, the company launched a range of collections including lingerie, nightwear, a denim collection as well as a premium collection called Peace & Love. [19]

In May 2016, Missguided launched a range of wedding dresses. The collection was made up of 19 pieces for brides and bridesmaids. [20]

Collaborations

A Lucozade Zero booth marketing a tie-in with Missguided in 2017 in Birmingham Lucozade Zero - Rotunda Square, Bullring.jpg
A Lucozade Zero booth marketing a tie-in with Missguided in 2017 in Birmingham

In March 2014, Missguided marked its fifth birthday with a collaboration with singer Nicole Scherzinger. The 40-piece collection was designed by Scherzinger. [21] May 2015 saw a collaboration between Missguided and R&B singer Pia Mia. [22]

In March 2016, the womenswear label announced that Pamela Anderson would front their SS16 collection. [23] The campaign was shot by Swedish photographer Arvida Byström, [24] from a concept created by creative director and stylist Soki Mak. [25]

A Bikini A Day bloggers Tash Oakley and Devin Brugman collaborated with Missguided in May 2016 to launch a new swimwear line. [26]

In September 2016, the company announced a campaign collaboration with American model and singer Amber Rose. [27] The company also launched collections with bloggers including Carli Bybel, [28] Caroline Receveur, [29] Sarah Ashcroft [30] and Alexis Ren. November 2016 saw Missguided launch its first flagship store in Westfield Stratford, London. [31]

In 2017, Missguided launched a collection with British supermodel Jourdan Dunn. [32] In the same year Missguided was involved in a campaign by Lucozade Zero.

In 2019, Playboy x Missguided was re-launched, after first debuting in 2018. The collection was met with mixed reviews, due to the ambiguous reputation of Playboy Magazine, and the design choices made in the collaboration [33]

In the same year, the collection 'SofiaRichie x Missguided', produced in collaboration with model Sofia Richie was also launched on the official Missguided website. [34] The model announced the collaboration across all of her social media accounts, in coordination with the brand's social channels. [35] [36]

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References

  1. ↑ Hounslea, Tara (25 August 2015). "Missguided to Launch Lingerie, Petite, Tall and Premium Ranges". Drapers Online.
  2. ↑ Bell, Alex (21 May 2015). "Coolest office in the world?". Mirror. Retrieved 9 September 2015.
  3. ↑ Bell, Alex (27 November 2015). "Missguided boss Nitin Passi, who started the brand in 2009, believes fashion firm's new Salford HQ is 'world's coolest office'". Manchester Evening News.
  4. ↑ "About Missguided - Forward Thinking Online Fashion". www.missguidedus.com. Retrieved 2017-12-03.
  5. ↑ "Missguided enjoys record revenue growth". The Retail Bulletin. 9 April 2015. Retrieved 16 March 2016.
  6. ↑ Ruddick, Graham (8 April 2015). "Nicole Scherzinger helps fashion retailer Missguided grow sales 70pc". Telegraph. Retrieved 13 October 2015.
  7. ↑ Rigby, Chloe (9 April 2015). "Missguided to sell in US stores after record year". Internet Retailing. Archived from the original on 25 March 2016. Retrieved 14 October 2015.
  8. ↑ Baldwin, Caroline. "Missguided launches first UK physical presence with Selfridges concession". Retail Week. Retrieved 9 September 2015.
  9. ↑ Hounslea, Tara (7 March 2016). "Missguided launches third Selfridges concession". Drapers Online. Retrieved 15 March 2016.
  10. ↑ Jahshan, Elias (2017-09-27). "Missguided launches brother label Mennace with online & pop-up physical stores - Retail Gazette". Retail Gazette. Retrieved 2017-10-06.
  11. ↑ Wightman-Stone, Danielle (2021-12-20). "Alteri announces "significant investment" in Missguided". FashionUnited. Retrieved 2022-06-01.
  12. ↑ "Retailer Missguided on brink of calling in administrators". Guardian. 2022-05-22. Retrieved 2022-05-27.
  13. ↑ "Missguided fast fashion brand collapses". BBC News. 2022-05-30. Retrieved 2022-05-31.
  14. ↑ "Frasers buys online retailer Missguided for £20m". 2022-06-01.{{cite journal}}: Cite journal requires |journal= (help)
  15. ↑ "Missguided: Sports Direct owner Frasers Group buys fashion retailer after collapse". BBC News. June 2022. Retrieved 2022-06-01.
  16. ↑ Robinson, Jon (2022-07-04). "Missguided changes name after Frasers Group rescue". Business Live. Retrieved 2022-07-08.
  17. ↑ Hill, Eloise (2023-10-30). "Shein snaps up Missguided from Frasers Group - Retail Gazette". www.retailgazette.co.uk. Retrieved 2023-10-30.
  18. ↑ Barns, Sarah (18 November 2014). "Missguided launch plus-size range for fuller figured fashionistas". Express. Retrieved 11 March 2015.
  19. ↑ Hounslea, Tara (26 August 2015). "Missguided to launch lingerie, petite, tall and premium". Drapers. Retrieved 6 October 2015.
  20. ↑ Cherrington, Rosy (3 May 2016). "Missguided launch a budget wedding dress range". Huffington Post. Retrieved 14 July 2016.
  21. ↑ Begum, Shelina (25 February 2014). "X Factor judge Nicole Scherzinger teams up with fashion firm Missguided for new collection". Manchester Evening News. Retrieved 10 October 2015.
  22. ↑ Wilson, Jess (7 December 2015). "Who is Pia Mia? 7 things we know about Kylie Jenner's best friend". OK Magazine. Retrieved 4 March 2016.[ permanent dead link ]
  23. ↑ Bacardi, Francesca (21 March 2016). "Pamela Anderson makes a major nostalgia play in Missguided campaign". E Online. Retrieved 21 March 2016.
  24. ↑ Stansfield, Ted (22 March 2016). "Pamela Anderson poses for Arvida Bystrom in new shoot". Dazed Digital. Retrieved 22 March 2016.
  25. ↑ "Three Decades since Baywatch, Pamela Anderson revives iconic red swimsuit look for fashion brand Missguided". News.com.au. 22 March 2016. Retrieved 23 March 2016.
  26. ↑ "The A Bikini a Day's High Street Swim Line is Here". Look.co.uk. Retrieved 14 July 2016.
  27. ↑ Thompson, Martine (18 September 2016). "Amber Rose on using clothes as a tool of empowerment". Dazed.
  28. ↑ Statz, Augusta (23 June 2016). "When Will Carli Bybel x Missguided Be Available?". Bustle.
  29. ↑ Brasseur, Gaeton (14 October 2016). "Caroline Receveur has created a capsule collection for Missguided". Influenth.
  30. ↑ Baxter-Wright, Dusty (26 May 2017). "How Sarah Ashcroft turned her Instagram account into a money-making business". Cosmopolitan.
  31. ↑ Roberts, Lauretta (23 November 2016). "Missguided unveils first standalone store in Westfield Stratford". The Industry.
  32. ↑ Hardy, Alyssa. "Jourdan Dunn's Take on Diversity in Fashion Is What We All Need to Hear". Teen Vogue. Retrieved 2017-03-24.
  33. ↑ "The Missguided x Playboy collection has launched and people aren't happy" . The Independent. 2018-09-26. Archived from the original on 2022-05-15. Retrieved 2019-09-18.
  34. ↑ "Sofia Richie Is Teaming Up With Missguided to Launch a Fashion Collection". Us Weekly. 2019-09-05. Retrieved 2019-09-18.
  35. ↑ "Sofia Richie (@sofiarichie) • Instagram photos and videos". www.instagram.com. Retrieved 2019-09-18.
  36. ↑ "MISSGUIDED (@missguided) • Instagram photos and videos". www.instagram.com. Retrieved 2019-09-18.
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