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YMC co-founder and CEO Jimmy Collins has bought back the brand from French Connection, which acquired a majority stake and invested in the label in 2004 after it fell into financial difficultly, returning it to its independent roots.
The UK retail industry has slashed 225,000 jobs over the last five years – down to 2.8 million in September 2024 – according to the latest figures from the Office for National Statistics (ONS).
YMC co-founder and CEO Jimmy Collins has bought back the brand from French Connection, which acquired a majority stake and invested in the label in 2004 after it fell into financial difficultly, returning it to its independent roots.