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.
Belgique Dernières Nouvelles, Belgique Actualités
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