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High Street

Mothercare revenues decline in FY23

The group’s net borrowing reached £12.4m in FY23, widening from £9.9m recorded at the end of 2022

Mothercare has reported that underlying profits slipped from £12m last year to £6.7m in the financial year ended 25 March, despite a 9% increase in net worldwide retail sales by franchise partners to £322.7m. 

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