UK: Mothercare Says Problems Won't Hit Clothing Launch
The company’s £10 million distribution centre in Daventry has been beset with problems over the past year which has left its stores short of key merchandise and delayed its three-year recovery programme.
Only last month, the company’s CEO Chris Martin departed as the chain issued its fourth profit warning in a year.
The firm said in a statement that "current total stock levels are line with this time last year" and said ii was still on course to launch the new clothing collections later this month.
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