On 1 June more than the required 75% of Mothercare UK creditors approved the retailer’s CVA proposals, under which it will close up to 50 stores and receive rent reductions on a further 21. However, ...

Following its recent announcement that it had secured the backing of creditors to proceed with its proposed Company Voluntary Arrangement, Mothercare has now said that scrutiny of the voting ...

Mothercare subsidiary Childrens World has seen proposals for a company voluntary arrangement (CVA) rejected by shareholders, plunging over 300 jobs into doubt. Following the approval of Mothercare ...

(Reuters) - Mothercare Plc (MTC.L) said it would consider all options for its Childrens World business after its creditors did not approve the company's restructuring proposal. The British parent and ...

Mothercare PLC said Monday it would close 60 stores by next June, 10 more than it had previously announced, as its Childrens World Ltd. subsidiary enters administration. The embattled retailer said ...

Mothercare has insisted it is making “good progress” with its refinancing and restructuring plans – but has placed its Children’s World business into administration. The embattled retailer said it had ...

How did the campaign make a difference? Although 80% of first-time mums visit a Mothercare during pregnancy, the brand was viewed as being out of step with the 'digital age' – perceived as traditional ...

The store on the centre's retail park, off Pedmore Road, Brierley Hill, was not on the list of 50 of the firm's underperforming stores lined up for closure. But its fate and that of 300 Mothercare ...

Struggling mother and baby products retailer Mothercare says it will shut 60 stores by June 2019, instead of the 50 previously earmarked for closure. The closures will put 900 jobs at risk, up from ...

Part of Mothercare's restructuring plans has been put to a halt after it emerged that it did not get full support from creditors. Shares in the company fell 6.5 per cent after lunchtime when the ...