Mothercare
Mamas & Papas goes into administration just six days after Mothercare
High street childrenswear chain Mamas & Papas has gone into administration just days after Mothercare’s collapse. The retailer has axed six stores and made 73 staff redundant with immediate effect – a further 54 roles are now at risk at its Huddersfield head office. Bluegem Capital, which has owned the business since 2014, has bought …
Mothercare officially collapses into administration putting all 79 stores at risk
Britain’s biggest childrenswear chain Mothercare has crashed into administration placing all 79 stores in the balance. The company has appointed PricewaterhouseCoopers (PwC) to manage its stock and store count – with 2,869 jobs on the line. In a statement, bosses said that the chain’s UK operations were no longer “capable of returning to a level …
BREAKING Mothercare: Hundreds of jobs at risk as firm confirms it will go into administration
Mothercare has announced plans to put its UK retail business, which has 79 stores, into administration, putting hundreds of jobs at risk. Mothercare’s UK business has been unprofitable for more than a decade, which sparked a mass of closures last year. The Mothercare UK franchise run its stores and website independent of Mothercares in other …