It has been confirmed that Manchester-based online fast fashion retailer Missguided has appointed administrators in attempts to save the brand.
The multi-channel fashion retailer – which sells clothes primarily aimed at 16-35 year old women, and had its headquarters based in Stretford before moving to Trafford Park in 2015 – was founded by Nitin Passi back in 2009 when he was just 26, and it grew grew into one of Britain’s biggest online-led fashion retailers alongside ASOS and fellow Manchester-based fast fashion brands, Boohoo and Pretty Little Thing.
But now, Missguided has asked Teneo Financial Advisory to sell its business and assets.
It comes after the business was issued with a winding-up petition by clothing suppliers, who are owed millions of pounds.
Teneo said Missguided will continue to trade while it looks for a buyer.
Gavin Maher from Teneo said there was “a high level of interest from a number of strategic buyers”.
The Manchester-based online fast fashion retailer was founded in 2009 / Credit: Missguided
He added in a statement: “As we continue to see, the retail trading environment in the UK remains extremely challenging [and] the joint administrators will now seek to conclude a sale of the business and assets, for which there continues to be a high level of interest from a number of strategic buyers.”
The company employs around 330 staff members, with The Guardian reporting that about 140 jobs are thought to be at risk, and the publication citing a source as saying that more than 80 people had immediately been made redundant.
Reports suggest that rival and larger online fashion retailer, Boohoo – which bought a number of collapsing high street brands during the COVID-19 pandemic – had been in talks to buy Missguided in a prepack administration deal, and JD Sports and ASOS are also thought to have shown some interest, but a deal was not made.
The fashion retail company moved its HQ to state-of-the-art offices in Trafford Park in 2015 / Credit: Google Maps
In efforts to pinpoint why Missguided was on the brink of collapse, industry professionals and marketing experts said not only were some rival brands better, cheaper, and faster, but that shoppers now care more about sustainability and less about fast throwaway fashion.
Julie Palmer – a partner at insolvency firm Begbies Traynor – also told the i newspaper that the cost of living crisis means shoppers are cutting back on spending on non-essentials like the fast fashion Missguided offers.
She said: “While Missguided boomed when we were locked down with no opportunity to spend wages going out, the harsh realities of post-pandemic life are becoming clear.”
The company has now asked Teneo Financial Advisory to sell its business and assets / Credit: Missguided
Ms Palmer added: “Rising inflation and worries about the potential for a recession mean that people just aren’t willing to spend on what they don’t need.
“Hopefully a buyer will see the potential in this company that means its suppliers continue to find an outlet for their products.”
Featured Image – Channel 4
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The best deals and offers in Manchester city centre for the 2025 graduation season
Danny Jones
Forget festival season or even Oasis mania, it’s graduation time – same time every year, and we still feel a warm and fuzzy inside every time we see our round as punch smartpants in their silly hats, so we thought we’d celebrate them with a round-up of the best related deals and offers in Manchester.
You’re welcome, big brains.
Whether you studied at the University of Manchester, MMU, Salford Uni or otherwise, make no mistake: this is YOUR moment in the spotlight and you deserve to soak it all in, every last drop.
So, without further ado, here are some of the best graduation offers and deals Manchester city centre has to offer this year.
2025 Manchester graduation deals and offers | 2025
Starting off on Canal Street, MAYA is offering all graduates a complimentary drink of their choice upon arrival, plus the bonus of a complimentary bottle of fizz for food bookings of three guests or more.
2. Tender at Stock Exchange Hotel – Central
It’s a similar story over the tender Restaurant by Michelin-starred chef Niall Keating, inside the Stock Exchange, who is handing out free glasses of bubbly when booking a table.
Credit: Press shot (supplied)
3. The Cut and Craft – Central
Cut and Craft are serving a special graduation set menu consisting of three courses and a glass of prosecco for £50 per person (pp), available all day from Monday to Friday throughout July.
4. Hello Oriental – Circle Square and Trafford Centre
Hello Oriental diners and Class of 2025 members can raise a toast to their own success with either a free bubble tea, dessert – ‘Taiyaki’ soft serve or indulgent ‘Crème Brulée Bingsu’ – or a glass of prosecco when showing the graduation certificate or a photo of you in your hat and gown.
Complimentary glass of Moët & Chandon champagne (yep, the real good stuff) as well as an exclusive graduation set menu: two courses for £25 pp, or three for £30.
6. Zouk – Oxford Road Corridor
Free welcome drink with any main, sharing platter, or set menu item. You can choose from their brand-new summer special ‘Zouk Sunrise’ cocktail, an ‘Ocean Love Colada’ mocktail, a glass of Prosecco, or a soft drink. In fact, every guest gets a soft drink when adding ‘graduation‘to the booking notes.
Credit: Supplied
7. Electric Shuffle – Deansgate
Another free glass of prosecco is coming your way when booking a shuffleboard table during the 2025 graduation season.
8. The Lowry – Salford
If you’re someone staying over at The Lowry Hotel for graduation day this month, you will receive a bottle of champagne in your room completely gratis, as well as half-price bookings on a second bed and breakfast room for your loved ones/anyone with you for the big day.
There’ll also be discounted parking, not to mention 15% off all food and drinks, and gift vouchers for graduates to enjoy three small plates and a glass of prosecco.
Sexy Fish’s limited graduation menu is priced at £55pp and is available until 25 July, and comes with a congratulatory glass of bubbles. But that’s not all…
10. The Alan – Central
Joining forces with the stylish seafood restaurant, graduates can now enjoy an exclusive ‘dine and stay’ package starting from £195. Find out more HERE.
11. The Laureate at Hyatt Manchester – Oxford Road Corridor
Speaking of staying over, anyone rooming at the Hyatt Manchester over on Booth Street West can also grab themselves a bespoke celebratory cocktail.
12. Albert’s – Castlefield and Didsbury
Careering over to Castlefield, Albert’s Shed has a three-course set menu for £45pp, which includes a sparkling elderflower fizz cocktail. You can also opt to eat and drink just a tram ride or short drive away at their Didsbury location.
Celebrating a massive milestone in Manchester, Australasia’s ’15 for 15 years’ deal isn’t technically a graduation special, however, at just £15 for a main course and a drink (or £18 with a glass of wine, prosecco or beer), you’d be a fool not to consider this spot for your post-graduation celebrations.
14. The Black Friar – Salford
Not too far from here, you’ll find the beautiful Black Friar bistro and pub, which is offering a free bottle of prosecco to anyone who books a table at the venue this graduation season. Sorted.
Credit: The Manc
15. 20 Stories – Spinningfields
Across the other side of Spinningfields, 20 Stories’ July graduation menu promises two courses and a glass of fizz for £29pp, or three for £34pp. Available every Monday to Friday from 12-3pm, as well as Mon-Thurs between 5:30 and 6:30pm throughout July.
16. Podium – Deansgate
Down the road at Beetham Tower, a.k.a. Hilton Manchester, graduates eat completely free when three paying adults book to dine. You can reserve a table now and also grab a free ‘Gin-ovation’ cocktail from the Cloud23 sky bar (a fair) few floors upstairs.
The Rrefuge restaurant inside the Kimpton Clocktower Hotel is keeping things nice and simple: a free glass of prosecco to the star of a table when mentioning graduation during booking.
18. Tattu – Spinningfields
Two-course graduation lunch menu for £32.50pp, or dinner from £44.90, as well as a complimentary cocktail for the graduate, and a special scroll that may or may not contain a special golden ticket inside, which could contain one of several prizes.
Credit: The Manc
19. Fenix – St John’s
At the back end of Spinningfields, Fenix is also offering a two-course graduation lunch menu for £32.50pp, which comes with a complimentary glass of prosecco; if you want to dine in the evening, it’s the same number of courses, only with proper champagne instead and for £44.90.
As part of the Permanently Unique hospitality group, they are also offering the scroll and a potential golden ticket opportunity.
20. The Ivy – Spinningfields
The Ivy is serving up a stunning three-course graduation menu, which ends with their signature seasonal special ‘Graduation Chocolate Bombe’ dessert, for £35.95pp. You also get a memorable keepsake to take home, and that’s all we can tell you.
From Spinningfields to the edge of Salford, Manchester bottomless brunch favourite Menagerie is offering a celebratory lunch and drink for £15.95pp, between 12 and 5pm, with a complimentary drink for you and your party when adding ‘Graduation‘ in the booking notes.
22. Browns Bar and Brasserie – Central
Browns are also pulling out the stops with a very reasonably priced three-course graduation menu for £39.00pp, which also comes with a complimentary glass of champagne for the graduate.
This one only applies to Manchester Metropolitan University (MMU) graduates, but the value couldn’t be overlooked; get 20% off the bill when you book a table for 6 or more people and pre-book using code ‘graduation‘ and bring proof of your graduation from Man Met.
24. CitySuites – Central
Second to last is CitySuites, who also quietly boast arguably the best overall graduation celebration package of all: a bottle of prosecco, a £10 Selfridges voucher, £30 credit per night to spend in their on-site bar and restaurant, as well as full access to the spa pool, breakfast, robes, parking – the lot.
Available until 3 August, this one is perfect for those based out of town. You can book HERE.
And the last of our Manchester university graduation offers and deals is up there with the cream of the crop: The Midland. You can get 15% off their ‘Excellence’ afternoon tea package (£55.00pp).
Whatever you opt for, you deserve it – congratulations to all of you!
‘No ticket, no entry’ – Council urges ticketless Oasis fans not to travel to Heaton Park
Emily Sergeant
Ticketless Oasis fans are being urged not to make the journey to Heaton Park this week.
With three concerts still to be played by as part of Oasis Live ’25 here in Manchester this week, following the iconic band’s two hugely successful concerts at the weekend, Manchester City Council has now reissued its repeated request – and warning – for fans without tickets to the shows to not travel to the park.
The warning comes after it was discovered that the so-called ‘Gallagher Hill’ viewing area inside the park, that went viral on social media, has now had large steel fencing erected around its perimeter.
After taking stock of how the first two shows went, the Council says additional measures have now been deemed ‘necessary’ to protect the environment of the park, ensure areas of parkland and nearby livestock are protected, and maintain public safety.
These additional measures will be in place for the next three concerts, taking place tonight (16 July), and Saturday 19 and Sunday 20 July.
The Council says its decision to erect steel fencing around a large area of the hill within the cattle field in the main park is because the area is currently being developed as a new woodland for the park and has been recently planted with around 300 young trees, as well as being a measure to protect the livestock in the field, which include both expectant and nursing cows, and a bull.
“The erection of the fencing has a dual purpose – both to protect the environment from further damage and to dissuade people from gathering there,” the Council said in a statement released ahead of tonight’s show.
There are also no facilities for ticketless fans at the park, the Council confirmed, and they will not be able to see the concerts or get into the event arena – which is double-walled with solid high-security fencing all the way around.
The Council has urged ticketless Oasis fans not to travel to Heaton Park this week / Credit: The Manc Group
More than 2,000 event security staff and police officers will be on duty around the site across the next three dates to ensure both the safety and wellbeing of ticketholders, and to make sure that only those who have official tickets can access the concerts.
Councillor John Hacking, Executive Member for Employment, Skills and Leisure at Manchester City Council, commented: “As you would expect, given the size of the concerts and numbers of people attending, we go through a continuous process with partners of re-assessing the plans in place for the concerts to ensure both public safety and that any environmental impact on our award-winning park is minimised.”
“Our advice to music fans who don’t have tickets for the concerts is to head into the city centre instead,” Cllr Hacking continued.
“The whole city is going all out to celebrate and help everyone have a good time. We’ve got some fantastic things going on with a real party atmosphere for everyone to enjoy whether they’ve got tickets for the Oasis gigs or not.”