74 min
- Source: M and M Direct
MandM is a British online fashion retailer based in Hereford, England. It sells its products exclusively over the Internet and was the second largest online fashion retailer in the UK in the 2010s. It specialises in buying clearance stock from manufacturers and selling at discounted prices. They stock over 150 brands including Adidas, Timberland, Diesel and Puma.
History
The company was started as m" target="_blank">M and m" target="_blank">M Sports in 1987 by Mark Ellis and Martin Churchward.
Following a buy-out by private equity group ECI Partners in 2004 the company’s identity changed to MandM Direct in order to reflect their move into selling fashion and lifestyle brands.
In 2007 US private equity group, TA Associates completed major investment and the logistics operation moved to new warehousing in Herefordshire.
2009 saw expansion into Europe which led to German language and later French language sites being created.
In 2014, according to the reports, Danish fashion group Bestseller purchased MandM Direct Ltd for £140 million ($235 million).
The company was a back-of-the-shirt sponsor for Hereford United until 2012.
MandM are an official partner of Teenage Cancer Trust and has raised over 1.5 million pounds.
Location
The company headquarters is in Hereford, Herefordshire, with the main warehouse facility being based at Moreton-on-Lugg just off the A49.
References
External links
Official website
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