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Daily Newsletter

18 October 2024

Daily Newsletter

18 October 2024

Mothercare turns corner with FY24 profit, Asia joint venture deal

Baby and kids retailer Mothercare returned to profit in FY24 and has signed a joint venture with Reliance Brands Limited (Reliance) to franchise its brand in parts of Asia, which an analyst says will offer new liquidity and potential distribution.

Laura Husband October 18 2024

Analyst Clive Black tells Just Style he is hopeful Mothercare will be alive and kicking again in the near future. Credit: Shutterstock.

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