Retail news
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Mothercare grows on international sales
- Posted:
- 14 October 2010 09:46
Retailer Mothercare today said its "rapid" international growth meant it was now generating more sales overseas than in the UK. The landmark was met during the first half of its financial year to October 9th, when UK sales fell 0.5% and international revenues lifted 17%.The company has just opened its ...read more
Mothercare acquires stake in Australian franchisee
- Posted:
- 01 October 2010 09:51
Mothercare has announced that it has acquired 25% of its Australian franchisee Headline Group Limited. Headline currently operates six Mothercare and 27 Early Learning Centre stores in Australia. It recently announced the acquisition of the Babies Galore and Baby on a Budget retail businesses in Australia, which have given it ...read more
Mothercare to buy stake in Australian brand operator
- Posted:
- 16 July 2010 09:32
Mothercare has announced that it is in discussions to acquire a 25% stake in Headline Group, which operates the Mothercare and Early Learning Centre franchises in Australia and New Zealand. The investment will be made by way of convertible loan notes with a value of Aus$12.2 million (approximately £7.2 million), which ...read more
Mothercare acquires maternity brand as UK restructure continues
- Posted:
- 15 July 2010 09:41
Mothercare has acquired maternity brand Blooming Marvellous as it continues to pursue its strategy of global expansion coupled with gradual UK restructure. The news came as the company reported that its total sales had been shored up by a strong performance in its international division in the 15 weeks to ...read more
Karren Brady joins board of Arcadia
- Posted:
- 03 June 2010 09:29
Karren Brady is to join the board of Arcadia. She is the first female board director to be recruited by Sir Philip Green.She will leave babycare retailer Mothercare, where she has been a board member for seven years, to take up the rolel.Ian Peacock, Mothercare chairman, said: "We are sorry ...read more
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