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QS started life as a clothing manufacturer. In 1960s they opened their first shop selling clothing rejected by main buyer Marks & Spencer. In 1980s the shop stopped selling seconds and went private in 1990. Was purchased by Hamsard 2353 in 2003 who brought it together with fellow purchase Bewise. Business went into administration in 2006.
In 1980 they created two popular clothing brands—"Moustache" for men and "Emanuelle" for women, and in 1986 brought these together a M (from Moustache) + E (from Emanuelle) + XX (an abbreviation for "kiss kiss") to create MEXX. In the UK the business has 17 shops mainly in Northern Ireland. Karen Millen
A closeout or clearance sale (also called a closing down sale in the United Kingdom [1]) is a discount sale of inventory either by retail or wholesale. It may be that a product is not selling well, or that the retailer is closing because of relocation, a fire (a fire sale ), over-ordering, or especially because of bankruptcy . [ 2 ]
Burton is a British online clothing retailer, former high street retailer and clothing manufacturer, specialising in men's clothing and footwear. The company was a constituent of the FTSE 100 Index, but became a trading name of Arcadia Group Brands Ltd, part of the Arcadia Group.
In other cases, the merchant is assessed "counter rent" for a "store-within-a-store" concept, common in the cosmetics industry, but also not unheard of in clothing. In other cases, the vendor agrees to buy back unsold merchandise from the retailer — this is a common arrangement for higher-value seasonal clothing, like designer coats.
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