Skip to content
Search

Latest Stories

Missguided changes name to MGL Realisations (2022) Limited

Nitin Passi returned as the retailer's CEO following the rescue deal in June

Missguided changes name to MGL Realisations (2022) Limited

LAST month, fast-fashion retailer Missguided was acquired by Frasers Group in a £20 million rescue deal.

Now, the company which was founded by Nitin Passi in 2009 has changed its registered business name to MGL Realisations (2022) Limited, according to reports.


However, the Manchester-based company will continue to trade as Missguided, according to documents filed with Companies House. 

The company fell into administration in May this year. It appointed Teneo as administrator after it failed to finalise a rescue deal.

Later, Frasers Group acquired the business beating off rival Boohoo.

In April 2022, Passi stood down as CEO of Missguided. But he later returned as the retailer’s CEO following the rescue deal last month.

“Frasers Group has an unrivalled platform and fantastic operational know-how, giving Missguided a solid foundation on which we can build a successful future. I am acutely aware of the impact Missguided’s administration has had on our stakeholders and I am committed to rebuilding their trust," Passi said about his return to the company.

According to Frasers chief executive, Michael Murray, Missguided’s digital-first approach to the latest trends in women’s fashion will bring additional expertise to the wider Frasers Group.

“We are delighted to secure a long-term future for Missguided, which will benefit from the strength and scale of Frasers Group’s platform and our operational excellence," Murray said.

More For You

Uganda-high-commission-event

The event also focused on Uganda’s role in cultural diplomacy and sustainable development.

Uganda high commission hosts heritage event in London

THE UGANDA high commission in London hosted an event highlighting Uganda’s cultural heritage and investment opportunities at the International Maritime Organization (IMO) Building. The event featured a performance by the Watoto Children’s Choir.

Uganda’s high commissioner to the UK, Nimisha J Madhvani, addressed the gathering, welcoming guests and speaking about the country’s cultural diversity.

Keep ReadingShow less
Maha-kumbh-pilgrims-reuters

Devotees arrive at the river bank to take a holy dip at Sangam during the Maha Kumbh Mela in Prayagraj, India on January 28, 2025. (Photo: Reuters)

India says 420 million pilgrims have visited Maha Kumbh

INDIA’s government announced on Friday that more than 420 million pilgrims have taken part in ritual bathing at the Maha Kumbh, a Hindu religious festival.

Organisers say the estimate is based on artificial intelligence and surveillance cameras used to track attendance.

Keep ReadingShow less
Bird-flu-Getty

There have been 27 confirmed cases of bird flu in England and one in Scotland during the current outbreak. (Representational image: Getty Images)

England bans 'bird gatherings' to contain avian flu spread

THE GOVERNMENT has announced a ban on "bird gatherings" in England as part of efforts to contain the spread of avian influenza.

The ban, which comes into effect from midday on Monday, will apply to fairs, markets, and shows involving various bird species.

Keep ReadingShow less
Matt-Jukes-Getty

Matt Jukes, the UK’s head of counterterrorism, has called for a social media ban for children under 16. (Photo: Getty Images)

Nine-year-old among youngest referred for far-right deradicalisation

A UK charity working to counter far-right radicalisation has seen children as young as nine referred for support.

Exit Hate UK, which helps individuals leave extremist movements, said its youngest-ever referral was nine years old, with the average age of those seeking help being about 15, according to The Times.

Keep ReadingShow less
Streeting hails India’s global role as Labour backs bilateral relations

Wes Streeting addresses the Republic Day reception at the Guildhall in London last Tuesday (28),joined by Sir Lindsay Hoyle and Vikram Doraiswami

Streeting hails India’s global role as Labour backs bilateral relations

WES STREETING spoke of the priority prime minister Sir Keir Starmer and the Labour government attach to relations with India when he addressed a Republic Day reception at the Guildhall in London last Tuesday (28).

But the secretary of state for health and social care won over the large Indian crowd by paying an unexpected tribute to Rishi Sunak.

Keep ReadingShow less