Next [IRDX RNXT] and Missguided [IRDX RMGU] both had figures out this week. We ran a multichannel lens over the two fashion retailers’ statements.

The Missguided update

Missguided, founded in 2009 by Nitin Passi, reported revenues of £206m in the year to March 2017, a 75% rise on the same time last year, and said that profits had grown strongly on the previous year. International sales rose by more than 130% to account for more than 40% of the business.

Its website sees 25m monthly visitors and it has more than 3.7m social media fans.

Adding shops to online
Missguided said it continued to invest in multichannel growth, both online and by opening new stores. It…

LEAVE A REPLY

Please enter your comment!
Please enter your name here