Director dealings: Mothercare director makes share purchase

8th Feb 2023 14:43

(Sharecast News) - Mothercare revealed on Wednesday that non-executive director, Mark Newton-Jones had acquired 604,789 ordinary shares in the London-listed retailer.

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Mothercare appoints new CEO; interim profits slump

24th Nov 2022 09:42

(Sharecast News) - Mother and child retailer Mothercare posted a drop in interim profits on Thursday as it announced the appointment of Daniel Le Vesconte as its new chief executive officer.

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Sunday newspaper round-up: PD Ports, OneWeb, Tax cuts

18th Sep 2022 19:01

(Sharecast News) - Australian investment outfit Macquarie is studying a possible £1bn bid for PD Ports, the logistics empire that includes the strike-plagued Felixstowe port in the south or Teesport in the northeast. An auction by PD 's owner, Canadian private equity firm Brookfield, was cancelled in November following a legal spat with the South Tees Development Corporation, which owns the land around Teesport. Bids at the auction had reached around £1.3bn but the economic backdrop and performance of PD Ports had worsened since then. Originally, PD Ports had sought a sale price of £2.0bn. - The Sunday Times

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Mothercare full-year earnings set to beat expectations

11th Apr 2022 07:40

(Sharecast News) - Specialist young childrens' retailer Mothercare reported unaudited net worldwide sales of £385m for the financial year just ended on Monday, which it said was "significantly impacted" by the "varied experiences" of Covid-19 in its franchisee markets.

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Mothercare suspends Russian business, shares tank

9th Mar 2022 08:21

(Sharecast News) - Mothercare shares crashed on Wednesday after the retailer said it had suspended its operations in Russia, to which it has significant exposure.

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Mothercare returns to profit as costs drop

25th Nov 2021 08:07

(Sharecast News) - Mothercare returned to profit as cost cuts more than made up for declining revenue at the baby and child products company.

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Mothercare losses widen as Covid restrictions dent revenues

29th Jul 2021 10:23

(Sharecast News) - Mothercare reported a widening of its full-year losses on Thursday as it took a hit from Covid restrictions.

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Mothercare forecasts return to profit in FY 2021

25th May 2021 11:32

(Sharecast News) - Mothercare expects to return to the black this year despite a hefty slide in annual sales, the parent and child specialist confirmed on Tuesday.

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Mothercare completes overhaul and swings to loss

26th Nov 2020 09:20

(Sharecast News) - Mothercare said its transformation plan was completed as the parent and child product seller reported a loss for the first half of its financial year.

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Mothercare full-year losses narrow

25th Sep 2020 07:41

(Sharecast News) - Beleaguered mother and child retailer Mothercare reported a decline in full-year revenue on Friday but a narrowing of its losses as it said it was looking forward to a "brighter and stable future".

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Mothercare interim chief to leave troubled retailer

22nd Jun 2020 10:36

(Sharecast News) - Mothercare's interim chief executive has stepped down, the mother and child retailer announced on Monday, as discussions over future funding continued.

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Mothercare franchising deal with Boots delayed; employees furloughed

30th Mar 2020 12:50

(Sharecast News) - Mothercare said on Monday that its franchising deal with Boots has been delayed due to the coronavirus outbreak, as it announced that 430 employees have been furloughed.

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Mothercare CEO steps down; recapitalisation 'broadly on track'

23rd Jan 2020 07:17

(Sharecast News) - Mothercare announced some changes to its leadership team on Thursday as it said it was "broadly on track" with its planned recapitalisation.

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Boots to stock Mothercare products

13th Dec 2019 13:49

(Sharecast News) - Parent and child retailer Mothercare has agreed a franchise deal with Boots that will see the UK health and beauty chain stock its clothing, home and travel products.

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Mothercare losses widen as international sales decline

10th Dec 2019 07:47

(Sharecast News) - Losses at struggling parent and child retailer Mothercare widened in the first half of the year as international sales were hit by difficult trading conditions in the Middle East.

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