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Mothercare to close up to one-third of store network

2018-04-09 12:55:00| Daily apparel & textile news and comment - from just-style.com

Ailing UK-based mother, baby and children's goods retailer Mothercare is considering closing a chunk of loss-making stores and cutting rents to battle challenging high street conditions.

Tags: close store network mothercare

 

New Mothercare CEO Wood to put firm on "sound footing"

2018-04-05 12:08:00| Daily apparel & textile news and comment - from just-style.com

David Wood, the newly-appointed CEO of Mothercare says he will work to put the UK mother, baby and children's goods retailer back on a "sound financial footing" and deliver a successful plan to improve performance.

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Mothercare appoints David Wood as new chief executive

2018-04-04 12:57:12| BBC News | Business | UK Edition

The baby goods retailer appoints a new boss as it looks to turn around its fortunes and return to growth.

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Mothercare finance talks progress, lenders defer testing

2018-03-21 10:36:00| Daily apparel & textile news and comment - from just-style.com

Shares in Mothercare were up more than 12% this morning (21 March) following news the lenders of the UK mother, baby and children's goods retailer have agreed to defer a testing of its financial covenants.

Tags: finance progress testing talks

 

Carpetright and Mothercare shares dive on trading worries

2018-03-19 15:08:49| BBC News | Business | UK Edition

Investors are spooked after reports suggest Carpetright will close stores as part of a rescue plan.

Tags: trading shares dive worries

 

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