BusinessBusiness RecoveryMK One enters administration

MK One enters administration

another high street retailer enters administration

High street retailer MK One has entered into administration.

Lee Manning of Deloitte has been appointed administrator of the retailer.

MK
One
operates from 172 stores and employs 2,500 staff, and is owned
by restructuring specialists
Hilco.

We are continuing to trade the business as a going concern whilst seeking a
buyer,’ said Manning. ‘MK One has a strong customer base, a range of good brands
and an excellent store portfolio.’

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