Missguided to close its Westfield store in London

Less than three years since Missguided opened its Westfield Stratford store in East London, the UK-based multi-channel retailer has announced that it will be closing it in February.

In January, the brand announced rising revenue but widening losses. For the 53 weeks to April 1, 2018, the brand reported a loss after tax of 46.7 million pounds, but a rise in revenue to 215.9 million pounds compared to 205.8 million pounds.

Missguided is set to open its first store in Dubai on Friday 1 February.

Photo credit: Missguided, Facebook