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Mothercare secures licensing agreement with Ebebek in Turkey

Mothercare is set to expand in Turkey, where it has struck up a new licensing deal with local retail giant Ebebek Mağazacılık A.Ş. With this, Ebebek has been granted the exclusive right to use the Mothercare brand in the region for products designed and sourced by either itself or Mothercare. The 10-year deal gives Mothercare the additional...

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Business

Mothercare swings to FY loss, expects to complete refinancing 'shortly'

Maternity and childrenswear specialist Mothercare has reported a loss in its most recent financial year ended March 25. The group, which has undergone a major transformation in recent years, made a net loss of 0.1 million pounds compared to a profit of 12.1 million pounds the prior year. That came as group turnover dropped 11 percent to 73.1...

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