M&Co's brand and intellectual property has been bought out of administration for an undisclosed sum by AK Retail Holdings.
However, the Paisley-based clothing retailer's store estate was not part of the purchase by the Peterborough-based group behind Yours Clothing, Long Tall Sally, BadRhino and Bump It Up Maternity.
M&Co appointed Teneo Financial Advisory as administrators in December. At the time, it had 170 stores and 1,910 staff.
