Company
Mothercare PLC
LON:MTC
The Mothercare group is comprised principally of two iconic retail brands with international appeal; Mothercare and Early Learning Centre. The group's brands operate through three distinct channels to market; UK stores, Direct (being the in-home and in-store internet-based businesses and catalogue mail order), and International, under which the group franchises (or participates in joint venture) operations delivering the Mothercare and Early Learning Centre brand retail operations in overseas markets. The Mothercare is traded in the ISDX Exchange HERE
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Mothercare still has plenty to do says Shore Capital
Difficult work so far has already been undertaken, most notably unwinding its operations in Russia
Mothercare cautiously confident, notwithstanding Russian situation
COVID-19 is still affecting sales and the company's operations in Russia remain suspended but the company said it is making progress to return to pre-COVID levels of sales
Mothercare suspends substantial Russian business
The retail company said trade in Russia accounted for up to a quarter of Mothercare’s retail sales
Mothercare secures £19mln loan to complete transformation plan after slumping to interim loss
Group revenue is expected to return to more normal levels in the short to medium term after a 56% fall in the half year
Mothercare sees 39% sales decline in financial year to date
The retailer estimates 95% of its partners' global store locations are now open
Mothercare goes ahead with turnaround plans despite pandemic
The retailer still expects hits from the coronavirus outbreak despite governmental support
Mothercare toddles higher after Boots franchise deal
Mothercare products will be available to buy from the Boots website from mid-2020 and a wider product offer is scheduled to for shops towards the end of next summer