International sales boost Mothercare again - Licensing.biz

International sales boost Mothercare again

UK revenues slip, but retailer enjoys overall growth of 15 per cent.
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Mothercare’s international arm continued to outperform its UK business, with like-for-like sales down 4.3 per cent at home.

Ian Peacock, chairman of Mothercare commented that the domestic market remained "difficult and competitive."

On the group's UK retail strategy, he said: "Our property restructure and cost reduction programme are progressing well.

"As announced in May, we are targeting a more profitable portfolio of circa 266 UK stores by March 2013. The new store format trials have been well received by customers."

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