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Polo Country: An Americana and country store themed brand launched in 1988. Spiritual predecessor to Double RL. [49] [50] Polo Jeans: Denim brand that was mass-produced and sold in many department stores. Ralph Lauren discontinued the line in 2006, citing brand dilution concerns of the line being "over-produced and over-distributed".
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A closeout or clearance sale (also called a closing down sale in the United Kingdom [1]) is a discount sale of inventory either by retail or wholesale. It may be that a product is not selling well, or that the retailer is closing because of relocation, a fire (a fire sale ), over-ordering, or especially because of bankruptcy . [ 2 ]
The company was started as M and M Sports in 1987 by Mark Ellis and Martin Churchward. [5] Following a buy-out by private equity group ECI Partners in 2004 the company’s identity changed to MandM Direct in order to reflect their move into selling fashion and lifestyle brands. [6]
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