Frasers rescues Missguided from administration as boss Murray shakes up leadership team

Michael Murray

Frasers Group has bought collapsed online fashion operator Missguided out of administration for £20m.

Mike Ashley’s retail group, which has also saved the likes of Studio, House of Fraser, Jack Wills and Evans Cycles from the scrapheap in recent years, has now added the etailer to its growing stable of brands. 

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