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Missguided Secures Financial Lifeline from Alteri Investors

As we settle into the new year, our Sourcing Summit Companion Report looks ahead at ways to optimize processes and performance.

British online fast-fashion brand Missguided Ltd. has secured a cash and debt investment from European retail turnaround firm Alteri Investors. The transaction includes a loan to fund operations and the acquisition of a 50 percent equity stake in the firm. Nitin Passi founded the fast-fashion brand in 2009, and it has since become a favorite…

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