Financial Times FT.com

Miss Sixty takes trip into administration

By Amanda Vermeulen

Published: October 2 2008 03:00 | Last updated: October 2 2008 03:00

Miss Sixty, the high-end fashion retailer owned by Italy's Sixty Group, faces an uncertain future after the UK arm was placed in administration on Monday.

The company - which operates from 12 high street stores across the UK and in concessions in some of Britain's top retailers, such as Harrods and House of Fraser - has fallen foul of an expansion plan gone wrong as well as falling sales in the high street, according to Peter Hollis, partner at Vantis Business Recovery Services, the administrator.

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