MK One was a British fashion retailer.
History
Beginnings as Mark One
The company was founded in the 1980s by Mark Brafman, Les Lucy and Alan Simons as Mark One, and became a discount womenswear retailer. In February 1996, Mark One was bought from administration by billionaire Philip Green, future owner of BHS.[1] Shami Ahmed had also made a failed bid for the company in 1996. In the end of the 1990s, a change to the firm's logo saw the firm's name begin to be commonly spelled as "MK One".
In July 2003, Green sold most of stake in MK One, whilst keeping 10%, to Elaine McPherson, the managing director, and David Thompson, the finance director.
Sale to Baugur
In November 2004, the 177 store MK One chain was bought by the Icelandic group Baugur for £55 million (this included £11 million worth of debts);