M&Co news and archive

M&Co reportedly owed 46 million pounds before collapse

High street retailer M&Co is revealed to have owed unsecured creditors over 46 million pounds at the time of its collapse, with 1,800 jobs also reportedly lost. The Scottish company appointed administrators towards the end of 2022, two years after it had previously collapsed during the pandemic. At the beginning of 2023, its 170 stores were...

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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...

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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...