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On this episode of Talking Shop, we're joined by Dan Cate, CEO and Founder of SoldThrough. Dan is a heavyweight retail executive who has spent decades steering the merchandising and digital operations of America’s most iconic retail institutions, from Saks Fifth Avenue and Bloomingdale’s to Century 21 and Lord & Taylor. Today, through his platform SoldThrough, Dan helps international fashion brands cross the Atlantic and crack the notoriously brutal U.S. retail landscape. We break down his journey from the shop floor to the C-suite, the operational indicators that prove a brand is truly ready for international expansion, and how to navigate a fragmented American market without destroying your margins. We also discuss how to balance localised inventory with central efficiency, and the one non-negotiable metric that tells you a product has found genuine market fit.

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Scottish chain store M&Co has confirmed the closure of 43 of its sites by the end of the month. 

The move comes after M&Co announced that the company will close all its 170 shops after going into administration a few months ago. It has since been bought by AK Retail Holdings, the owner of Yours Clothing

At the moment, the retailer is running a closing sale with at least a 50% discount on all its products. 

In an official announcement, M&Co said that it is no longer trading, although some of its shops will remain open for a limited time. 

A statement on the company’s website said: “AK Retail has acquired the M&Co brand, with plans to relaunch the web platform in the coming months.” 

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