Mothercare Plc

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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.


UK: Jaeger bolsters e-commerce team Katie Smith | 3 Apr 14

As part of efforts to strengthen its online business, upscale UK fashion brand Jaeger has appointed former Mothercare executive Simon Spencelayh as head of e-commerce.


Quote/Unquote: Ten soundbites on the state of play in retail Michelle Russell | 14 Mar 14

The great and the good of the retail industry descended on London this week to share their views on the current climate, industry trends and thoughts on what the future holds for the British retail industry.


UK: Mothercare appoints Newton-Jones as interim CEO Michelle Russell | 10 Mar 14

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


Spotlight on... Mothercare CEO departure comes as no surprise Katie Smith | 24 Feb 14

In what comes as another blow for UK clothing retailer Mothercare, chief executive Simon Calver stepped down today (24 February) in a move analysts view as inevitable given the group's recent struggles.


UK: Mothercare CEO Simon Calver to leave Katie Smith | 24 Feb 14

Mothercare chief executive Simon Calver has stepped down after less than two years in the role.


BANGLADESH: BGMEA to work with Impactt to improve productivity Siddique Islam | 10 Feb 14

Bangladesh's apparel trade body has signed a collaboration agreement with Impactt, a London-based leading ethical trading consultancy, to improve productivity in the ready-made garment industry.


UK: Mothercare tight-lipped over ELC sale reports Michelle Russell | 28 Jan 14

Mother, baby and children's goods retailer Mothercare has remained tight-lipped over reports it is in talks to sell its Early Learning Centre chain as part of a plan to revive its fortunes.


just-style's most read stories this week... Katie Smith | 24 Jan 14

The most-read stories on just-style this week include an insight into waterless dyeing technology, the roll-out of the Higg Index sustainability measurement tool at Crystal Group, and analyst opinion on Tesco's reported interest in Mothercare.


Spotlight on…Analysts surprised at Tesco interest in Mothercare Michelle Russell | 20 Jan 14

Reports surfaced over the weekend that UK retail giant Tesco weighed up a bid for Mothercare around six months ago. The claims seem to have taken industry observers by surprise given Tesco's focus on sweating its existing assets and improving capital discipline. Some believe it more likely that any potential tie-up would see the supermarket chain strike a deal to sell the baby goods in its stores.


UK: Tesco considering bid for Mothercare? Michelle Russell | 20 Jan 14

UK retail giant Tesco is understood to have considered a bid for mother, baby and children's goods retailer Mothercare.


UK: Mothercare shares plunge on profit warning Richard Woodard | 8 Jan 14

Shares in retailer Mothercare slumped by nearly 30% today (8 January) after the company issued a profit warning on depressed Christmas trading.


UK: Mothercare returns to profit in H1 Katie Smith | 21 Nov 13

Turnaround efforts at Mothercare have started to pay off after the UK retailer swung to its first half-year underlying profit since 2010/11.


UK: Domestic woes continue in Mothercare Q2 sales Richard Woodard | 17 Oct 13

Retail group Mothercare continued to experience sales declines in its domestic market despite another period of international growth in the company’s second quarter.


UK: Mothercare Q1 sales hit by rival promotions Katie Smith | 18 Jul 13

Mothercare has said it expects trading conditions to remain challenging in the UK and Europe after blaming an "increasingly promotional" market for a 3.4% sales decline in the first quarter.


How do the Bangladesh safety pacts measure up? Leonie Barrie | 11 Jul 13

Unveiling a new five-year plan to improve worker safety at the factories in Bangladesh that produce their clothing, North American brands and retailers were keen to stress the similarities between their own initiative and a separate scheme backed by 70 mainly European companies. That said, there are considerable differences too.


UK: Mothercare full-year loss narrows to GBP21.5m Katie Smith | 23 May 13

Mother, baby and children's goods retailer Mothercare has narrowed its first-quarter loss at the end of the first year into its three-year transformation plan, despite being hampered by ongoing challenges in its domestic market.


BANGLADESH: More retailers race to join safety accord Petah Marian | 15 May 13

More retailers and brands have joined the Accord on Fire and Building Safety in Bangladesh ahead of the midnight deadline (15 May).


UK: Mothercare confident despite Q4 sales drop Katie Smith | 11 Apr 13

Retailer Mothercare today (11 April) said it remains confident in its outlook for the year ahead, despite posting a 5.1% fall in UK fourth-quarter sales a third of the way into its three-year transformation plan.


UK: Kurt Salmon names head of multi-channel practice Leonie Barrie | 11 Mar 13

Retail and consumer products consultancy Kurt Salmon has appointed Jas Virdee as head of its UK multi-channel practice, reflecting the growing importance of this offer.


UK: Mothercare hires Stringer as commercial director Katie Smith | 19 Feb 13

Mother, baby and children's goods retailer Mothercare has appointed Matt Stringer as the commercial director of its UK business.


UK: Mothercare UK boss steps down Katie Smith | 1 Feb 13

Infant goods retailer Mothercare has parted company with the head of its UK business as part of a management reshuffle.


AUSTRALIA: Mothercare Australia falls into administration Petah Marian | 30 Jan 13

Mothercare Australia has fallen into administration after a deal with private investment firm Myer Family Company to buy the business fell through.


UK: Mothercare Q3 sales dip raises analyst doubts Richard Woodard | 17 Jan 13

Doubts have been raised over the future viability of Mothercare’s UK operations after the infant goods retailer reported further sales declines in its third quarter.


The Flanarant: Where does the Tazreen fire leave Bangladesh? Mike Flanagan | 5 Dec 12

US brands and retailers were baling out of Bangladesh even before the fire at the Tazreen Fashion factory killed more than 110 people at the end of last month. And given the subsequent criticism aimed at Walmart for sourcing there, many other buyers must also be wondering whether the country continues to be worth the risk, according to Mike Flanagan.

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