Throw away your old preconceptions – it is time to take a fresh look at Mothercare. It is no longer an ailing UK retailer; rather Mothercare has been reborn as an asset-light franchise brand represented instore and online with 18 franchise partners operating in over 700 dedicated Mothercare stores and 400+ additional stores that carry a selection of products from the brand and with a small but fast-growing online presence. Mothercare is profitable again and expects to make +£15m EBITDA post-COVI ....
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Mothercare - Reborn
Mothercare plc (MTC:LON) | 5.6 0 0.0% | Mkt Cap: 31.4m
- Published:
18 Aug 2021 -
Author:
Michael Clifton | Cavendish Research -
Pages:
27
Throw away your old preconceptions – it is time to take a fresh look at Mothercare. It is no longer an ailing UK retailer; rather Mothercare has been reborn as an asset-light franchise brand represented instore and online with 18 franchise partners operating in over 700 dedicated Mothercare stores and 400+ additional stores that carry a selection of products from the brand and with a small but fast-growing online presence. Mothercare is profitable again and expects to make +£15m EBITDA post-COVI ....