Mothercare Faces Headwinds as Middle East Operations Decline
The retailer faces ongoing challenges in its Middle Eastern markets, leading to a decline in sales and profitability, though it has improved its financial position.
The retailer faces ongoing challenges in its Middle Eastern markets, leading to a decline in sales and profitability, though it has improved its financial position.
The retailer has seen a reduction in shareholding by a major investor, but the reasons behind the change are unclear.
The retailer's Chairman and CFO have purchased additional shares, suggesting confidence in the company's future, but the announcement lacks further context on the reasons behind the transactions.
Specialty retailer Mothercare reports plunging profits amid ongoing issues in key Middle East markets.
The retailer has held its annual general meeting, with all resolutions passed. A director has also resigned from the board.
The retailer announces the availability of its annual report and notice of AGM, a routine regulatory update with no new material information.
Specialty retailer Mothercare suspends trading as it works to refinance and recapitalize the business.
Specialty retailer for parents and children