Less Ads, More Data, More Tools Register for FREE

Pin to quick picksMothercare Share News (MTC)

Share Price Information for Mothercare (MTC)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 4.65
Bid: 4.40
Ask: 4.90
Change: 0.08 (1.75%)
Spread: 0.50 (11.364%)
Open: 4.57
High: 0.00
Low: 0.00
Prev. Close: 4.57
MTC Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Mothercare files notice of intent to appoint administrators to UK business

Mon, 04th Nov 2019 08:32

LONDON, Nov 4 (Reuters) - Struggling baby products retailer
Mothercare has filed a notice of intent to appoint
administrators to its loss-making British business, putting
hundreds of jobs at risk and dealing another blow to the
country's troubled retail sector.

Mothercare's sales have been hammered by intense competition
from supermarket groups and online retailers in its main British
market as well as by rising costs. It also has a major overseas
operation.

The group said notices to appoint administrators to its
trading subsidiary, Mothercare UK Limited and to Mothercare
Business Services, which provides services to Mothercare UK,
will be filed with the court on Monday.

Notices of intent to appoint administrators give companies
protection from creditors for ten days before potentially
tipping into them into administration.

Mothercare said the company and its other subsidiaries were
not covered by these notices and it will be free to continue to
trade in the normal course of business.
(Reporting by James Davey; editing by Kate Holton)

More News
25 May 2021 17:11

TRADING UPDATES: Mothercare sales down; Revolution Bars seeks to raise

TRADING UPDATES: Mothercare sales down; Revolution Bars seeks to raise

Read more
25 May 2021 11:32

Mothercare forecasts return to profit in FY 2021

(Sharecast News) - Mothercare expects to return to the black this year despite a hefty slide in annual sales, the parent and child specialist confirmed on Tuesday.

Read more
18 May 2021 15:48

UK earnings, trading statements calendar - next 7 days

UK earnings, trading statements calendar - next 7 days

Read more
12 May 2021 10:21

Marshalls raises outlook as kicks off 2021 with hefty sales hike

Marshalls raises outlook as kicks off 2021 with hefty sales hike

Read more
25 Mar 2021 11:10

IWG replaces finance chief in move to accelerate franchise strategy

IWG replaces finance chief in move to accelerate franchise strategy

Read more
16 Mar 2021 20:40

TRADING UPDATES: Capital in Anglogold pact; Round Hill valuation rise

TRADING UPDATES: Capital in Anglogold pact; Round Hill valuation rise

Read more
12 Mar 2021 12:54

IN BRIEF: Mothercare starts trading on AIM, completing restructuring

IN BRIEF: Mothercare starts trading on AIM, completing restructuring

Read more
3 Feb 2021 16:07

UK Shareholder Meetings Calendar - Next 7 Days

UK Shareholder Meetings Calendar - Next 7 Days

Read more
25 Jan 2021 13:53

IN BRIEF: Mothercare Revenue Returning To Normal Ahead Of AIM Transfer

IN BRIEF: Mothercare Revenue Returning To Normal Ahead Of AIM Transfer

Read more
26 Nov 2020 11:58

Mothercare Looks To Future With Confidence As Turnaround Completed

Mothercare Looks To Future With Confidence As Turnaround Completed

Read more
26 Nov 2020 09:20

Mothercare completes overhaul and swings to loss

(Sharecast News) - Mothercare said its transformation plan was completed as the parent and child product seller reported a loss for the first half of its financial year.

Read more
19 Nov 2020 16:00

UK Shareholder Meetings Calendar - Next 7 Days

UK Shareholder Meetings Calendar - Next 7 Days

Read more
25 Sep 2020 08:59

Mothercare Posts Narrowed Annual Loss Amid Launch Of Boots Franchise

Mothercare Posts Narrowed Annual Loss Amid Launch Of Boots Franchise

Read more
25 Sep 2020 07:41

Mothercare full-year losses narrow

(Sharecast News) - Beleaguered mother and child retailer Mothercare reported a decline in full-year revenue on Friday but a narrowing of its losses as it said it was looking forward to a "brighter and stable future".

Read more
16 Sep 2020 15:54

UK Shareholder Meetings Calendar - Next 7 Days

UK Shareholder Meetings Calendar - Next 7 Days

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.