Online fast fashion merchant Missguided saw sales rise to £86 million for the year to March 31st, up by 69 per cent over the previous year. Pre-tax profits also grew significantly from £900,000 to £5.5 million. The business had fulfilled 3.5 million orders during the year and currently has some 3 million registered customers in the UK, USA, France and Australia. It will open its first US retail concession with Nordstrom this month which is seen as a test for further physical retail activity and also has plans to sell its range via ASOS.
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