The firm has also dropped its target share price for Boohoo from 140p to 120p. Today both Denton and the neighbouring town of.
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By Daily Mail City Finance Reporter.
. The brink of collapse. In the year to March 2021 Missguided achieved sales of 287m with the UK and US its two largest markets. Panmure Gordan has revealed its conclusions after the fashion retailer posted its results the 12 months to February 28 2022 recently.
Boohoos prospects look good as long as it can manage its way out of the post-Covid period a City analyst has said. Denton was the base for hat-making for more than 200 years and was later home to Oldham Batteries which at its height employed more than 1000. However the Covid-19 pandemic inevitably created a ripple effect throughout the retail industry with many businesses being hit with supply chain disruptions and Missguided was no exception.
Missguided seeks suitors as the fast fashion house teeters on the brink of collapse.
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