Mothercare News
Here are all todays headlines related to Mothercare News. If you wish to drill deeper to view past Mothercare News items, follow the next 20 headlines link at the foot of the page.
01-06-2018
Mothercare creditors have approved the retailer's proposals for a company voluntary arrangement that will enable it to shut 50 of its 137 shops and force through rent reductions on 21 others.
17-05-2018
Beleaguered mother and child retailer Mothercare has confirmed the closure of 50 stores, announced a refinancing package and said it was re-hiring chief executive Mark Newton-Jones, who stepped down last month, as it swung to a full-year pre-tax loss.
19-04-2018
Beleaguered mother and child retailer Mothercare announced the departure of chairman Alan Parker on Thursday, hot on the heels of the appointment of a new chief executive earlier this month.
12-04-2018
A fourth quarter update from mother and baby retailer Mothercare on Thursday showed a slowdown in the company's declining sales, while the online segment returned to growth against a still-challenging backdrop.
04-04-2018
Retailer Mothercare, which announced mid-March that it had been given a little breathing space by its lenders, has appointed David Wood as its new chief executive officer with immediate effect, as Mark Newton-Jones steps down.
21-03-2018
Shares in Mothercare rallied on Wednesday as the baby and toddler chain got some much-needed breathing space after its lenders agreed to defer the testing of its financial covenants due on 24 March.
02-03-2018
Mothercare has begun talking to its lenders and investors as borrowings are expected to breach bank limits in coming months, with profits likely to come in at the lower end of previous guidance.
28-02-2018
Toys R Us went into administration on Wednesday after failing to secure a rescue deal, while electronics retailer Maplin collapsed as talks with a potential buyer broke down.
09-01-2018
Mothercare: JP Morgan downgrades to underweight with a target price of 40p.
09-01-2018
Mark Newton-Jones, chief executive officer of children's retailer Mothercare, picked up 218,866 ordinary shares in the firm on Tuesday at a price of 45.69p per share.
09-01-2018
JPMorgan Cazenove downgraded Mothercare to 'underweight' from 'neutral' and slashed the price target to 40p from 82p on weak UK trading following the retailer's profit warning on Monday.
08-01-2018
Retailer Mothercare has warned that profits are likely to be less than half the level expected as management held off from discounting as long as possible despite challenging UK and international trading.
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