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Deloitte continued to act for MK One's original lenders, but was forced to place MK One into administration with Leonard Curtis. On 20 November, the 125 store chain entered administration, putting 1,400 jobs at risk. Leonard Curtis said that there had been a number of expressions of interest for the company. [8]
At the time, it had 20 stores in 4 countries outside Turkey: 12 in Kazakhstan, 5 in Iraq, 2 in Egypt and 1 in Belarus. [6] It aimed to close 2015 with sales of 1.631 billion TRY (about US$600 million). [7] [8] In 2015, DeFacto opened its first store in Morocco, in Marrakesh and the following year had opened 5 stores in that country. [9]
Mark One may refer to: MK One, fashion retailer, formerly known as Mark One; MRK1, musician; Mark One Foods, makers of Candwich; See also. Mark I (disambiguation)
The Cicurel store developed into Egypt's largest and most fashionable department store chain: Les Grands Magasins Cicurel et Oreco. Cicurel specialized in ready-to-wear men's and women's clothes, shoes, housewares, and notions, much of which were imported from Europe.
Hela Apparel Holdings PLC branded as Hela Clothing is a holding company in Sri Lanka that is engaged in the apparel industry. The company supplies to a number of brands such as Tommy Hilfiger, Calvin Klein, and Michael Kors. Hela Apparel Holdings operates four design centres in Sri Lanka, the United States, France and the United Kingdom.
The business stayed in the family until 2002, when it was purchased by a management buyout. In 2004, the business was bought by ABN-AMRO Capital, however the business entered administration for the first time in 2008. It was purchased by former MK One boss Elaine McPherson in May 2008, but went again into administration in 2010.
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