A MAJOR clothing brand has plunged into administration, putting its 180 stores at risk. Fashion company M&Co has announced its collapse after losing the same battle “many retailers”…
The company, which was founded in 1961 and has around 180 stores scattered across the: “Like many retailers, the company has experienced a sharp rise in its input costs, which has coincided with a decline in consumer confidence leading to increased pressure on cash flows and trading losses.
Frances continued: "Yesterday we all put on a brave face but there was lots of tears from ourselves and from our customers who were devastated by this news."But in the meantime we need your support come shop with us and show that we are needed on the high street."If you have placed an order with a shop that does go into administration, you'll be placed in a line of creditors who are owed money from the business.
If you used a Visa or Mastercard debit card to make your purchase, you could also ask for a "charge back" whereby you ask your card provider for the money back.If you can't get hold of the company or they fail to respond to your request for a refund, there are still ways to get your money back.
United Kingdom Latest News, United Kingdom Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
TV presenter Charlotte Leeming steps into the limelight to model vintage 1970s fashion for ChristmasAs they team up for this special festive fashion shoot, TV presenter Charlotte Leeming and stylist Trudy Fielding tell Stephanie Smith why they will be having a very vintage Christmas. Pictures by Stevieroy.
Read more »
Scottish fashion retailer M&Co falls into administrationA Scottish fashion retailer has fallen into administration just two weeks before Christmas.
Read more »
Fashion factory: Mango brings production closer to home in rethink on China\n\t\t\tKeep abreast of significant corporate, financial and political developments around the world.\n\t\t\tStay informed and spot emerging risks and opportunities with independent global reporting, expert\n\t\t\tcommentary and analysis you can trust.\n\t\t
Read more »
Sheridan Smith stuns as she strips off in major return to spotlightThe TV and theatre actress has kept somewhat of a low profile over the last year - until now
Read more »
Babbs Mill Lake: 'Several' people pulled from freezing water in critical condition in 'major' Solihull emergencySEVERAL people have been pulled out from freezing water in critical condition after a “major” emergency at Babbs Mill Lake in Solihull. Cops and emergency services scrambled to the scen…
Read more »