Tuesday, March 19, 2019
nEWTON-JONES

Newton-Jones returns to Mothercare with £132,000 pay cut

Mothercare has confirmed the appointment of Mark Newton-Jones as its chief executive officer.
Mothercare full year update

Mothercare records 88% plunge in profit and swings to red

Mothercare has laid bare its financial struggles in its annual report just hours after launching a CVA.
Mothercare CVA

Mothercare to cull 50 stores & re-hire ousted CEO Mark Newton Jones

Mothercare is set to shut down 50 of its underperforming stores and bring back its recently-ousted CEO.
Mothercare store closures

Mothercare set to accelerate store closures

Mothercare is poised to speed up store closures in order to secure the fresh funds it desperately needs from investors.

Mothercare desperately seeks cash injection ahead of annual results

Mothercare has revealed it is desperately looking for cash to keep its head above water and will seek investment from investors.
Mothercare store closures

Mothercare to post 95% drop in profits

Mothercare’s fresh chief executive David Wood is poised to expose the troubles it faces amid its annual results next week.

Mothercare reveals 2.8% drop in Q4 sales

Mothercare this morning revealed a 2.8 per cent drop in like-for-like sales for its final fiscal quarter to March 24.
Mothercare CVA

Mothercare eyes possible CVA & closure of 1/3 of stores

Mothercare is reportedly mulling the possibility of entering a CVA as it looks to reduce costs by shutting 1/3 of its stores.
Mothercare full year update

Mothercare CEO forced out as David Wood takes the reigns

Embattled maternity and baby retailer Mothercare has announced that former Kmart president David Wood will become its new CEO.
Mothercare update

Mothercare’s financial covenant tests deferred

Mothercare's lenders have agreed to defer the testing of its financial covenants as it continues to grapple financial turmoil.

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