Mothercare extends India plans

Second joint venture deal inked in country as expansion plans accelerate.
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Nursery retailer Mothercare is continuing its push into India, signing a joint venture deal with DLF Brands.

The chain - which has 23 outlets in India - has increased its target store count from 100 to 200 following the agreement. It already has a deal in place with Indian retailer, Shoppers Stop.

"There are lots of positive growth stories for India," Mothercare's chief executive, Ben Gordon, said. "India and China went nowhere near recession, just slowed down, but growth is picking up."

Mothercare also has growth plans for Australia, while it is also looking to take the Early Learning Centre business into South Africa, according to Retail Week.


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