UK: Strong First Half For Adams Childrenswear

A buoyant first half, with trading profits up 25 per cent on the same period last year, mean that "flotation within the next two to three years is now a serious option" for children's wear retailer Adams. Chief executive Michael Hobbs said a major strategic review over the past nine months has "identified major opportunities for the business in the UK and overseas.  He said growth opportunities would require "investment in UK stores, warehousing and distribution, organisational structure and developing further retail partnerships. "