High street fashion retailer M&Co is set to close 170 of its stores, putting 1,910 jobs at risk.
The brand has been bought by Yours Clothing, which also owns clothing lines BadRhino, Long Tall Sally, and Bump It Up Maternity.
Drapers has confirmed the sale of the business, with Teneo handling the administration. A Teneo spokesman confirmed that the brand and intellectual property of M&Co will now be owned by Yours Clothing.