MISSGUIDED could be sold to Chinese fashion retailer Shein.

High street billionaire Mike Ashley is in talks to sell the online clothing label.

Missguided could be bought by Chinese retailer Shein

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Missguided could be bought by Chinese retailer Shein

Both companies are in negotiations about a deal, according to reports from Sky News.

It would be Shein’s first purchase of a British fashion brand.

According to city sources, Sky reported that discussions have been happening for several weeks.

Though there is no indication of whether a sale will actually happen at this point in time.

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This post first appeared on thesun.co.uk

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