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Collapsed Missguided snapped up by Frasers Group

Inside Retail

Frasers Group has bought fast-fashion business Missguided and plans to set it up as a standalone business within the group. According to Retail Gazette, Frasers Group will pay £20 million to buy the collapsed omnichannel retailer out of administration after beating a competitive bid from online fashion retailer Boohoo.

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Charity fashion retailer brings pre-loved to Leeds

A1 Retail

Matthew Clarke, commercial property associate at Nelsons who oversaw the transaction alongside partner Riaz Dudhia, said: “White Rose is on a mission to make a more positive impact on the fashion sector and with the rise in popularity of second-hand fashion, the business has been able to progress its ambitious growth plan.

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The best career advice I ever received: Fanny Moizant, Vestiaire Collective

Inside Retail

This knowledge combined with my expertise in marketing – as I earned a management degree at the Institut de la Mode in Paris – paved my way to found Vestiaire Collective in 2009. When I looked around me, I noticed a significant change in the way people – including my friends and myself – consume fashion: we bought more but wore less.

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8 Things to Know About ThredUp’s Growth & Challenges

Indigo 9 Digital

ThredUP which was founded in 2009 has become one of the more popular destinations for secondhand clothing with the CEO of ThredUp, James Reinhart, saying that: “I started ThredUp back in 2009 after staring at a closet full of clothes that I never wore. I knew there was value locked up in those clothes, and I knew I wasn't the only one.