Mk One
Baugur, the acquisitive Icelandic investment group, added low-price clothing chain Mk One to its basket of British companies yesterday with an agreed bid of ?55m.
In the past year, the Reykjavik-based group has spent ?455m buying some of the best-known shops in the country from toy store Hamleys to high street chains Oasis and Goldsmiths the jewellers.
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Michele Obi is the publisher and founder of My Fashion Life. In between editing, freelancing and spending most of her time on the internet, she also finds time to shop (too much) and obsess over shoes. She loves sushi and counts Matthew Williamson, John Galliano, Valentino and Hussein Chalayan as her favourite designers. Her biggest regret - never seeing Prince in concert!
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