Mothercare Plc

Apparel and textile industry company news

Subscribe via RSSWhat is RSS?

Latest Articles

Mothercare eyes UK recovery as Q4 sales up Richard Woodard | 16 Apr 15

Retailer Mothercare hailed the success of reducing promotional spend in the UK as fourth quarter sales rose by 4.1% on a global basis.


Analysts split on Mothercare Q3 progress Richard Woodard | 15 Jan 15

Group sales at UK retailer Mothercare fell 2.9% in the third quarter, with analysts divided on the progress of the company’s recovery plan.


Mothercare rolls out tool for multi-channel growth Michelle Russell | 9 Jan 15

UK mother, baby and children's goods retailer Mothercare is implementing supply chain commerce solutions from Manhattan Associates to support its global multi-channel programme.


Top company strategic reviews of 2014 Michelle Russell | 17 Dec 14

Macro factors, particularly in the US and Europe, have created a somewhat challenging environment for retailers in 2014. Many succumbed to heavy promotional activity in order to keep sales up. Subsequently, however, margins and earnings were hit. As a result, a large number of firms were forced to carry out strategic reviews on their business operations in order to turn their businesses around. Here are some of those that just-style has reported on this year.


Mothercare appoints Smothers as finance chief Michelle Russell | 9 Dec 14

Struggling UK mother, baby and children's goods retailer Mothercare has appointed Richard Smothers as its chief financial officer.


COMMENT: Mothercare turns corner but work ahead Katie Smith | 27 Nov 14

Struggling UK mother, baby and children's goods retailer Mothercare could finally be turning a corner after returning to profit in the first half of the year. But while the message is one of reassurance, more work inevitably lies ahead.


Mothercare making progress as moves to H1 profit Katie Smith | 20 Nov 14

Mothercare still has to achieve a "significant" recovery in sales densities, an analyst has said, despite the UK mother, baby and children's goods retailer returning to profit in the first half.


Apparel retailers react to India forced labour allegations Michelle Russell | 30 Oct 14

A number of retailers have responded to allegations of "forced labour" amongst female textile workers in mills in southern India, with H&M blacklisting one of the five named.


Indian women textile workers endure “forced labour” Richard Woodard | 28 Oct 14

Female textile workers in mills in southern India are enduring horrific working conditions which amount to “forced labour”, according to a report from two pressure groups.


Mothercare raises GBP95m through rights issue Michelle Russell | 27 Oct 14

Struggling mother and baby products retailer Mothercare has raised around GBP95m (US$153m) from its rights issue, which it hopes will help turn the fortunes of the company's UK operations around.


Destination Maternity expands into Israel Michelle Russell | 17 Oct 14

Destination Maternity is to expand into Israel through an international franchise agreement with H&O Fashion Ltd, one of the country's most dominant fashion-retail chains.


Mothercare shares slide as rights issue gets go-ahead Michelle Russell | 10 Oct 14

Shares in Mothercare fell nearly 5% this morning (10 October) after shareholders in the children's goods retailer backed plans for a GBP100m rights issue to help fund a transformation plan.


UK: Mothercare GBP100m issue “to drive turnaround” Richard Woodard | 23 Sep 14

UK retail business Mothercare is launching a GBP100m (US$163.6m) rights issue designed to drive the turnaround of the company’s UK operations, making it a digitally-led business.


US: Destination Maternity CEO Edward Krell exits Katie Smith | 12 Aug 14

Destination Maternity CEO Edward Krell has stepped down after six years to pursue other opportunities, and will be succeeded by Anthony Romano immediately.


US: Destination Maternity Q3 earnings and sales slide Michelle Russell | 30 Jul 14

Destination Maternity has reported a drop in earnings in its third-quarter as revenues also fell.


ANALYSIS: UK retail profit warnings hit new high Michelle Russell | 29 Jul 14

Intense competition, pricing pressure and currency headwinds are still denting UK retailer's expectations of an economic recovery, taking profit warnings to their highest first-half total for three years, new figures reveal.


UK: Mothercare upbeat as Destination Maternity withdraws bids Michelle Russell | 28 Jul 14

Mother, baby and children's goods retailer Mothercare says it will continue with its strategy to turn the business around following the withdrawal of a bid by Destination Maternity.


UK: Mothercare CFO takes Debenhams finance chief role Michelle Russell | 28 Jul 14

UK department store retailer Debenhams has appointed Mothercare CFO Matt Smith as its finance chief.


Top stories this week on just-style... Katie Smith | 18 Jul 14

The most-read stories on just-style this week include an aggressive recovery plan unveiled by Mothercare's new boss, why Nicaragua apparel makers fear a bleak future from TPP, and Brandix takes new steps to encourage innovation in the country's textile and apparel industry.


ANALYSIS: Mothercare pursues "aggressive" plan of recovery Michelle Russell | 17 Jul 14

Mothercare officially welcomed boss Mark Newton-Jones into the fold today (17 July) as the retail group revealed its UK performance is beginning to stabilise.


UK: Mothercare outlines modernisation plan as sales stabilise Michelle Russell | 17 Jul 14

Mothercare has outlined a modernising plan for it domestic business as the mother, baby and children's goods retailer revealed its UK performance is starting to stabilise.


US: Destination Maternity issues profit warning on weak sales Michelle Russell | 11 Jul 14

Destination Maternity, which this month revealed two bids for UK firm Mothercare, has issued a profit warning following weak third-quarter sales.


UK: Mothercare makes Newton-Jones' CEO role permanent Michelle Russell | 10 Jul 14

Mother, baby and children's goods retailer Mothercare has appointed interim chief executive Mark Newton-Jones as its group CEO.


UK: Mothercare shareholders back Destination Maternity bid rejection Michelle Russell | 7 Jul 14

Mothercare shareholder Allianz Global Investors has backed the baby and toddler retailer in its decision to reject two takeover approaches from US firm Destination Maternity.


UK: Mothercare questions deliverability of Destination Maternity bids Michelle Russell | 2 Jul 14

Mothercare has said the two takeover offers from US firm Destination Maternity do not reflect the inherent value of the company and questions the deliverability of the proposals.


UK: Mothercare rejects two Destination Maternity takeover bids Michelle Russell | 2 Jul 14

Mothercare has rejected two takeover approaches from US firm Destination Maternity, which value the struggling baby and toddler retailer at GBP266m (US$457m).


UK: Mothercare share price jumps on FY profit hike Katie Smith | 22 May 14

Mothercare has seen its share price jump after a 61% jump in annual profits, leaving one analyst optimistic the baby and children's goods retailer will begin to show further improvement in the coming months.


Top stories this week on just-style... Katie Smith | 9 May 14

The most-read stories on just-style this week include a report on Mothercare playing down rumours it has renegotiated bank loan terms, an analysis on the sudden departure of Target's CEO, and news that the Bangladesh Alliance is seeking the closure of five factories over safety concerns.


UK: Mothercare plays down bank loan rumours Katie Smith | 6 May 14

Struggling retailer Mothercare has hit back at media reports that it has been forced to renegotiate the terms of its bank loans, saying it is "normal practice" to talk with financing partners about future plans.


UK: Mothercare faces "uphill struggle" despite Q4 sales growth Katie Smith | 10 Apr 14

Mothercare faces an uphill struggle to turn around the business, according to analysts, despite the UK retailer recording sales growth in its fourth-quarter.

2

4

5

6

just-style homepage



Forgot your password?