Feedback Here

fbook  tweeter  linkin YouTube
Global contents also translated in Chinese

Mothercare retail sales decline to £80.7 million in H1, FY26

  

In H1, FY26, Mothercare reported a decline in retail sales to to £80.7 million, compared to £107.7 million during the corresponding 23 weeks of FY25.

For full-year FY25, sales of Mothercare’s wordwide financial parterns to £230.6 million from £280.8 million the previous year. The brand’s adjusted EBITDA also nearly halved to £3.5 million from £6.9 million.

Their online retail sales also contracted by 24 per cent to £21.8 million during the year while total global store count decreased by 19 per cent to 372.

Mothercare, which licenses the mother-and-baby/toddler brand, attributed this continuous decline in sales to geopolitical instability and the winding down of the previous sales arrangement in the UK with Boots as reasons for this reduction.

However, despite these challenges, Mothercare believes its ‘global brand is now significantly bigger than our current business is able to extract the full value from.’ While a joint venture in India helped stabilize the balance sheet, the firm is now focused on achieving a ‘step change’ in the business, affirms Clive Whiley, Chairman. The company is accelerating discussions with several parties to monetize the operational gearing in the business by restoring critical mass, especially in the UK market, he adds.

 
LATEST TOP NEWS
 


 
MOST POPULAR NEWS
 
VF Logo