M&Co.
 | |
| M&Co | |
| Formerly | Mackays |
| Type | Private subsidiary |
| Industry | Retail |
| Founded | 1834 |
| Founder | Neil, Len & Iain McGeoch |
| Headquarters | |
Area served | Worldwide |
| Key people |
|
| Brands |
|
| Revenue |  £257.6 million (2025) |
Number of employees | 2,000–3,000 (2025) |
| Parent | Yours Clothing Group |
| Website | www |
M&Co. is a Scottish online fashion retailer and former high street chain store. Its head office is in Inchinnan, Scotland, though its main buying office is in Mayfair, London. Previously, its head office was at Caledonia House in Paisley.[1][2]
Established in 1834 as pawnbrokers, Mackays switched to selling clothes in 1953 by brothers Len and Iain McGeoch. In 2005 the company rebranded as M&Co.[3] The chain operates over 300 stores and also has an online presence.[4] In 2023, it was announced that Yours Clothing Group had acquired the company.[5][6]
History
[edit]In 1953, Len and Iain McGeoch began converting their six pawnshops to clothing stores.[7] In 1970, the company acquired Ghinns, extending its retail clothing business in the London area.[8] In 1986, the company acquired Apparel Affiliates, owner of 140 retail stores in the United States.[9] In 2005, the company began converting all 270 of its stores to the M&Co. banner.[3] In March 2012, the first of several international franchise stores opened, beginning with the first of many in Dubai Mall, with further UAE expansion planned.[10]
In June 2020, during the COVID-19 pandemic in the United Kingdom, M&Co was reported to have sought new backers amid a slump in sales. Professional services firm Deloitte supported its hunt for new investors as the company explored sale options including a pre-pack administration.[11] In December 2022, M&Co went into administration with Teneo Financial Advisory as administrators.[12] On 6 February 2023, it was announced that M&Co would be closing all 170 stores in the spring of the same year, with the last of them closing by the end of April.[13] In February 2023, it was announced that Yours Clothing Group had acquired the company, with Saeed Hatteea appointed as chairman and Andrew Killingsworth as chief executive officer.[14]
See also
[edit]References
[edit]- ↑ "M&Co. – 20 Conduit Place, Paddington, London, W2 1HS". Retrieved 15 February 2014.
- ↑ "Contact Us". Mackays Stores. Archived from the original on 29 April 2005. Retrieved 1 February 2012.
Mackays Stores Ltd Caledonia House, Caledonia Street, Paisley, PA3 2JP
- 1 2 "Mackays revamp pays off Clothing empire records seventh consecutive year of rising profits". The Herald. Newsquest Media Group. 21 July 2006.
- ↑ "Congratulations to M&Co who have risen 349 places in the retail Top 500 websites ranking". tryzens.com. 13 February 2015. Retrieved 7 November 2017.
- ↑ Finamore, Emma (6 December 2023). "Andrew Killingsworth". Drapers. Retrieved 9 June 2025.
- ↑ "M&Co relaunches website under new owner". Retail Gazette. Retrieved 28 October 2025.
- ↑ "Co-founder Iain McGeoch hands over reins at M&Co". The Scotsman. JPIMedia Publishing Ltd. 19 September 2015.
- ↑ Northrop, Alasdair (2 March 2009). "THE BIG PROFILE: Twenty years at the top". Insider. Insider Publications Ltd.
- ↑ Funk, Nancy M. (December 13, 1989). "Quakertown Retailer Seeks Chapter 11 Apparel Affiliates To Close Lady Bug, Paraphernalia Chains, Most Corner Houses". The Morning Call. Allentown, Pennsylvania: Times Mirror Company. Retrieved 2022-01-06.
- ↑ Marc-Christian Riebe Retail Market Study 2013, p. 407, at Google Books
- ↑ Kleinman, Mark (30 June 2020). "Coronavirus: Fashion retailer M&Co hunts new backers amid sales slump". Sky News. Retrieved 2 July 2020.
- ↑ Goldfingle, Gemma (10 December 2022). "M&Co plunges into administration - Retail Gazette". www.retailgazette.co.uk. Retrieved 10 December 2022.
- ↑ Fraser, Douglas (6 February 2023). "M&Co: Renfrewshire clothing chain to close all 170 stores". www.bbc.co.uk. Retrieved 6 February 2023.
- ↑ "M&Co relaunches under new owner". 17 August 2026. Retrieved 1 October 2026.
External links
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