Mothercare report a group sales decline


Mothercare has reported a group sales decline of 0.5 per cent for its second quarter after performance in the UK market continued on a downward trajectory.

The company has continued to post double-digit growth in its international business, with retail sales in the sector up 12.6 per cent.

Like-for-like sales in the UK fell 1.9 per cent. Mothercare reduced its selling space by six per cent year-on-year during the quarter.

"As planned, during the quarter we closed a further five loss-making stores in the UK, and year-on-year increased space by 11.9 percent across our international markets," chief executive Simon Calver said.

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