Tag : Mothercare
Mothercare UK to shut by February Subscription
Mothercare’s UK business will be wound down by February, resulting in 79 store closures and 2,500 redundancies, Drapers can reveal.
Mothercare falls into administration Subscription
Mothercare’s UK business has collapsed into administration, putting 2,500 employees at risk.
Mothercare collapse lays bare limits of CVA Subscription
Mothercare’s decision to appoint administrators to its UK operation has “come as no surprise”, as it has been unable to restructure the business fast enough to cope with changing retail trends, industry experts have told Drapers.
The risks and rewards of franchisingSubscription
Following Mothercare’s decision to franchise its UK operations, Drapers analyses what the model, traditionally used internationally, may have to offer the fashion industry domestically.
Mothercare to franchise UK stores as sales fallSubscription
Mothercare is set to franchise UK retail store operations, as it reports a 9.2% drop in total group sales for the 15 weeks to 13 July 2019.
Losses mount at Mothercare Subscription
Mothercare’s statutory loss before tax widened to £87.3m in the 53-week period to 30 March, from a £72.8m loss the year before, as its UK like-for-like sales slumped by 8.9%.
Sales slip at MothercareSubscription
Sales at Mothercare fell in the first quarter as the mother and baby retailer completed its accelerated store closure programme.
Mothercare to dispose of Early Learning CentreSubscription
Mothercare plans to sell children’s and babies’ toy retailer Early Learning Centre (ELC) to Teal Brands, a subsidiary of the Entertainer Group, for up to £13.5m.
Sales slump at MothercareSubscription
Mothercare’s UK like-for-like sales fell by 11.4% year on year for the 13-week period to 5 January 2019.
The employment merry-go-round continued to spin this year, as some of fashion retail’s biggest names headed for pastures new. Drapers looks back at the year’s most notable job changes.