Sunday July 12, 2020

International sales at Mothercare buoyed by timing of Ramadan

17th July, 2016
Mothercare has reported a 1.7 per cent fall in sales for Q1 2016

Retailer Mothercare has reported a 1.7 per cent dip in sales for the first quarter, but indicated that strong international sales offset weaker demand in Britain.

“In Britain, sales were impacted by unseasonable weather. This resulted in bringing our end-of-season sale forward by one week to ensure a cleaner stock position while also making way for the new season’s ranges . . . International sales were materially helped by the timing of Ramadan, which was entirely...

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