M&Co news and archive

M&Co’s new owner prepares for e-commerce relaunch next month

AK Retail is reportedly set to relaunch M&Co via an e-commerce website next month shortly after the group acquired the troubled retailer after its collapse last year. The new platform is believed to initially launch with a range of womenswear products, with other product categories expected to be added at a later stage. Drapers was informed by...

Business

M&Co prepares to close all 170 stores following administration rescue

Clothing retailer M&Co is set to close all of its stores after AK Retail Holdings rescued the brand from administration. The Scottish company appointed administrators towards the end of 2022, two years after it had previously collapsed. According to the BBC, M&Co, formerly known as Mackays, currently operates 170 stores, with their upcoming...

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M&Co sold to founders in pre-pack administration deal, 47 stores to close

Scottish value fashion chain M&Co has announced the completion of a financial restructuring which saw it being sold and immediately bought back by its founders, the McGeoch family. The pre-pack deal will result in 47 of its 265 stores closing, and around 380 redundancies from its total workforce of 2,600. M&Co appointed Deloitte as...

Business

M&Co reportedly on brink of pre-pack, around 50 stores could close

Scottish value fashion retailer M&Co is reportedly close to calling in administrators. The company is on the brink of a pre-pack administration deal that would see the company’s assets sold back to its founders, the McGeoch family, and could result in 50 of its stores closing permanently, Sky News reports. The deal could reportedly be announced...