Brande, Denmark, 2014-6-17 — /EPR Retail News/ — M and M is one of Europe’s leading online and mail order retailers of discounted lifestyle, fashion, sports apparel and footwear. M and M has dedicated local market websites covering the UK, German, French, Austrian, Dutch and Polish markets, and also serves more than 20 additional countries worldwide.
“We have worked with M and M for several years, and we have come to know the people within the company as passionate and hard-working people who have achieved many positive results lately. We believe that M and M will continue to develop and become a leading company within its business and its markets,” says BESTSELLER’s Communication Director Mogens Werge
The purchase is a financial investment and the two companies will remain separate units, but BESTSELLER of course hopes to benefit from the knowledge in M & M:
“We trust that the collaboration will become beneficial for both our companies in the long run, and we look forward to be working with and learning from M and M on areas like mobile sales,” Mogens finishes.
The purchase is conditional on approval from the relevant authorities and is expected to be completed within eight weeks.
About M and M Direct Ltd
M and M Direct Limited is the UK’s leading purchaser of end-of-line clearance for fashion and sports products. As an online and mail order retailer, M and M offers sports and fashion apparel and footwear for men, women and children, at substantial discounts. The company has over 1.3 million active customers and 50 million website visits a year. M and M was founded in 1987 and is headquartered in Leominster in the UK. More information can be found at www.mandmdirect.com.
For the official press release from M and M direct Ltd. click here.