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Billie Faiers's Brentwood fashion boutique Minnies in 150k of debt | Daily Mail Online

MailOnline iPad app Sam and Billie Faiers hoped Essex boutique Minnies would ‘be the next ASOS’ when they opened the fashion store in 2011. Yet seven years on, the Brentwood shop is floundering, posting debts of £145,877 at Companies House on Wednesday. Signed by sole director Billie Faiers, documents show that Minnies Boutique losses for the last year are up from £85,950 in 2016. Business losses: Billie Faiers (left) and her mum Suzie Wells (right, here with Billie’s children Arthur and Nelly) have filed losses of £145,877 for the fashion boutique Minnies, which they now run together in Brentwood A representative for Sam and Billie Faiers has been contacted by MailOnline for comment.  Minnies is now exclusively run by Billie and their mum Suzanne Wells, with the help of their auntie (Sue’s sister). Former TOWIE http://rang7.com star Sam has taken a step back from Minnies and switched her focus to new online clothing company All Bits London with her partner Paul. After their departure from TOWIE, the http://aaimg.com sisters’ new reality show Sam And Billie Faiers: The Mummy Diaries explored how they are adapting to running rival businesses. Debts: The fashion store in Essex was originally opened in 2011 at the height of sisters Sam and Billie Faiers’ TOWIE fame Stepping down: Billie’s sister Sam (right, together in March) stepped back from the business to focus on her own online brand, All Bits London In February, the young mums took a fashion-buying trip to Paris to select products for their boutiques. A touch of rivalry was detected between the two working mums on the reality show as they competed for the most desirable stock.   In 2014, Sam told The Daily Mail that she had big plans for Minnies: ‘In five years’ time, I’d like Minnies to be an empire of her own, expand it and make it the next ASOS.’ ASOS is a fashion store run exclusively online, but the Faiers sisters expanded to a transactional website within just six months of opening the doors to their flagship in https://cheapshopping-online.com April 2011. Family women: The duo now have two children of their own but make more money from their own businesses than their first joint venture ‘I’ll be an auntie then, maybe I’ll have a family of my own,’ Sam declared. ‘Five years is a long way off, I don’t know where I’ll be, hopefully on a yacht in LA.’ The TOWIE duo and their family also initially had plans to open many more physical Minnies stores in the north and southeast. ‘We will open three or four boutiques in total,’ the sisters’ auntie explained.

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