High Street
Mothercare revenues decline in FY23
The groupโs net borrowing reached ยฃ12.4m in FY23, widening from ยฃ9.9m recorded at the end of 2022
Mothercare has reported that underlying profits slipped from ยฃ12m last year to ยฃ6.7m in the financial year ended 25 March, despite a 9% increase in net worldwide retail sales by franchise partners to ยฃ322.7m.ย
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