Sunday 26th May 2019 - Logistics Manager Magazine

Viewing all articles tagged with Mothercare

Mothercare sells Early Learning Centre

Mothercare is to sell its toy business, Early Learning Centre, to The Entertainer, as part of its transformation plan, which aims to improve product design, marketing and distribution of Mothercare products around the world.

Mothercare on track with transformation plan

Mothercare’s trading statement for the 13-week period to January 5th 2019 shows a 11.4 per cent decline in like-for-like sales but the business remains on track with its transformation plan to reduce net bank debt.

Mothercare to close 50 stores

Mothercare has set out plans to close 50 stores and find further cost savings of £5 million as part of a package to refinance the business.

Mothercare appoints new CEO to drive transformation plan

Mothercare has appointed David Wood as chief executive. He is tasked with completing its transformation programme and returning the business to growth. He takes over from Mark Newton-Jones who has stepped down as chief executive.

Inventory cut boosts Mothercare

Mothercare has completed the consolidation of its warehousing, reducing its stock position by £6 million to £120m.

Freight chiefs back continued EU membership

Freight industry chiefs are among of the business leaders signing a letter backing continued UK membership of the European Union. The letter has been signed by Ian Baxter, chairman of Baxter Freight; Christian Salbaing, deputy chairman of Hutchison Whampoa which owns the Port of Felixstowe; and Adam Shuter, managing director of Exact Logistics.

Trend tyrants

Buyers of fashion products are, almost by definition, fickle. But they exert a powerful influence on the supply chain - and the nature of their requirements is changing. Johanna Parsons reports