Mk One gears up for expansion

Budget British retailer MK One was gearing up for a major expansion today after Icelandic group Baugur confirmed it had bought the chain in a deal worth £55m (€78.8m).

Mk One gears up for expansion

Budget British retailer MK One was gearing up for a major expansion today after Icelandic group Baugur confirmed it had bought the chain in a deal worth £55m (€78.8m).

The 176-strong chain of fashion stores was sold by a trio of business people including billionaire Bhs owner Philip Green.

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