People Moves

Mothercare executive director steps down

Mothercare has announced its executive director, Mark Newton-Jones, has stepped down.

The mother and baby products retailer revealed Newton-Jones will continue to serve on the board as a non-executive director, subject to his re-election at the next Annual General Meeting (AGM).

In a statement, Mothercare chairman, Clive Whiley said: “I would like to thank Mark for his contribution to the business over what has proved to be a turbulent period and I am delighted that we will be able to call upon his retail experience as we go forward.”

Earlier this year, Newton-Jones stepped down as CEO of the retailer, but continued as an executive director to complete its “transformation plan”.

It comes after Mothercare announced it was to cease all UK trading, leading to 2,800 job losses in the UK.  

The news comes as Mothercare announced that its franchise deal with Boots has been delayed following the “direct consequences” of Covid-19 on the group.

 In its latest update, the group said that the pandemic has “in particular given the disruption to both our franchise partners’ and suppliers’ businesses and operations”.

The group also said that government support for furloughed workers has been enacted for 430 of its Boots Mini-Club retail colleagues, due to their inability to work as normal, though this will “still result in incremental operating costs”.  

Back to top button

Please disable your ad-blocker to continue

Ads are the primary way in which publishers generate the revenue needed to pay their staff. If we can't serve ads, we can't pay journalists to write the news.