Being cheap can also prove nasty
Within the space of 30 minutes on Tuesday this week, Drapers learned that Icelandic investment giant Baugur had placed its loss-making value retailer MK One up for sale and that fellow value chain Ethel Austin had been placed into administration.
Subscriber only content
You must be a paid subscriber to Drapers magazine to read this article and receive complete, unrestricted access to drapersonline.com
Drapers Subscribers:
If you are a Drapers subscriber please sign in with your email address and click submit:
Not a Drapers subscriber?
Choose one of these options:
Subscribe today for immediate access to drapersonline.com and Drapers magazine at a special introductory rate
Find out more about all the benefits of a subscription to Drapers by clicking below
