// Yours Clothing acquires the brand and intellectual property of M&Co for an undisclosed sum
// M&Co fell into administration in December after facing rising costs
Yours Clothing has swooped to buy Scottish retailer M&Co from administration for an undisclosed sum.
The owner of plus size retailer Yours Clothing, AK Retail Holdings has bought the brand and intellectual property of M&Co.
AK Retail Holdings also owns menswear line BadRhino, Long Tall Sally and Bump It Up Maternity.
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M&Co fell into administration in December after facing rising costs and appointed advisers from Teneo Financial Advisory.
The value fashion retailer has around 180 UK stores.
Several senior staff members at M&Co, including the chief financial officer, left the business in November due to a wave of redundancies.
At the time of administration, the retailer had 170 stores across the UK and employed 1,910 staff.
Last month, multiple senior staff members at M&Co left the business.
Chief financial officer Iain Scott, who had been at the retailer since 2020 left the business while head of marketing Gerard Gavan also exited.
1 Comment. Leave new
All the stores are closing all the staff loosing their jobs all the premises will be an empty hole in towns around the country