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Nitin Passi: who is Balr.'s new owner?

Fashion brand Balr. has a new owner. The brand hasn't gone to a Dutch party, but has found a new home with Dubai-based Sumwon Studios. Behind this company is the entrepreneur who founded the British brand Missguided. Here's what else you need to know about Nitin Passi. Missguided Nitin Passi is probably best known for his fashion brand...

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Design

E-retailer Missguided sees business boom due to international sales

Missguided reports double like-for-like sales up to 60 million pounds for the year to March 31, mostly driven by strong international sales. According to the latest results, international sales add up to 15 percent of their total sales, a number that predicted to double by the year 2014. The e-retailer also reported an increase of 102.2 percent...

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