Mothercare reports deeper loss after closing UK stores
Mark Newton-Jones, chief executive, said it had been an “extraordinarily challenging period”, saying it was “simply not financially viable to maintain the UK store estate"
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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