M and M Direct
 | |
| Company type | Private |
|---|---|
| Industry | Clothing retail |
| Founded | 1987 |
| Headquarters | Hereford, United Kingdom |
Key people | Mike Tomkins, Chairman |
Number of employees | 470 |
| Website | https://www.mandmdirect.com/ |
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.[1] It specialises in buying clearance stock from manufacturers and selling at discounted prices.[2] They stock over 150 brands[3] including Adidas, Timberland, Diesel and Puma.[4]
History
[edit]The company was started as M and M Sports in 1987 by Mark Ellis and Martin Churchward.[5]
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.[6]
In 2007 US private equity group, TA Associates completed major investment and the logistics operation moved to new warehousing in Herefordshire.[7]
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). [8]
The company was a back-of-the-shirt sponsor for Hereford United until 2012.[9]
MandM are an official partner of Teenage Cancer Trust and has raised over 1.5 million pounds.[10]
Location
[edit]The company headquarters is in Hereford, Herefordshire,[11][12] with the main warehouse facility being based at Moreton-on-Lugg just off the A49.[13]
References
[edit]- ^ Leroux, Marcus (18 January 2010). "MandM prepares for German expansion". The Times.
- ^ "M&M Direct About Us". M and M Direct. Retrieved 18 January 2022.
- ^ "MandM Direct: latest news, analysis and trading updates". Retail Week. Retrieved 18 January 2022.
- ^ "M &M Direct A-Z Brands". M&M Direct. Retrieved 18 January 2022.
- ^ "Clothing Website M And M Fashions £80m Sale". Sky News. Retrieved 18 January 2022.
- ^ Media, Insider. "Revenue passes £200m at discount online retailer". Insider Media Ltd. Retrieved 18 January 2022.
- ^ Donati, Marino (25 October 2007). "M and M Direct sold to US private equity firm". Drapers. Retrieved 18 January 2022.
- ^ "Bestseller to buy MandM for up to 140 million pounds". Reuters. 16 June 2014. Retrieved 18 January 2022.
- ^ "Hereford football shirt 2011 - 2012 sponsored by Cargill". oldfootballshirts.com. 12 July 2013. Retrieved 18 January 2022.
- ^ "Our partnerships". Teenage Cancer Trust. Retrieved 18 January 2022.
- ^ "MandM opens new Head Office doors at Hereford's Old Market with 280 staff members". Your Herefordshire. Retrieved 19 June 2024.
- ^ "Online retail firm moves into old Debenhams store". BBC News. 10 June 2024. Retrieved 11 September 2024.
- ^ "M&M's massive investment is a vote of confidence in county". Hereford Times. Retrieved 15 December 2013.