Aim Bulletin

Mothercare FY sales drop, announces new JV partnership

By Iain Gilbert

Date: Friday 18 Oct 2024

(Sharecast News) - Retailer Mothercare said on Friday that it had struck a new joint venture with Indian firm Reliance as full-year sales dropped amid continued struggles with weak demand post-Covid.
Worldwide retail sales dropped from £322.7m to £280.8m in the 53 weeks ended 30 March. However, Mothercare also said it...

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