Sales for the maternity apparel company suffered as a result of the severance of its relationship with Kohl’s, Sears and Gordmans, with net sales falling from $106.5 million to $98.3 million for the second quarter.
The French group, which plans to merge with American childrenswear brand Destination Maternity, has recorded a revenue of 609.4 million euros in 2016/17, buoyed by a 50% increase in its childcare segment.
From transforming businesses to sailing the Atlantic, Mark Newton-Jones is a man up for a challenge. Now, the new chief of baby products retailer Mothercare aims to succeed where many have failed and fix one of Britai...
Struggling British mother and baby products retailer Mothercare, the subject of bid interest from U.S. group Destination Maternity, said its UK business returned to underlying sales growth in its first quarter.