Clothing & Shoes
Mothercare enters refinancing talks amid sales decline
According to the group, retail sales were affected by global economic uncertainties, as well as partners still clearing inventory due to suppressed demand during Covid-19
Mothercare is exploring its refinancing options after sales fell by 13% to £281m in the year ended 30 March 2024, down from £323m the prior year.According to the group, retail sales were affected by global economic uncertainties, as well as partners still clearing inventory due to suppressed demand during Covid.
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