Mothercare (#MTC) – “anticipates reporting a small EBITDA profit for the financial year”… so overall loss?

Mothercare (#MTC) – moves from Main Market to AIM

Mothercare (#MTC) – refinancing & move to AIM detailed proposals

Mothercare (#MTC) – ‘transformation plan’ update, including discussions continuing re. debt facilities refinancing

Mothercare (#MTC) – “transformation plan update”, interim CEO “to step down to pursue other opportunities”

Mothercare to shut its 79 UK stores and sack 2,500 workers: Quelle fecking surprise!

It was only a week ago that on orders from the evil PR spinners at Mothercare (MTC) the Sunday Times was running a puff piece about how the company was bringing in “restructuring experts” to look at its 79 UK stores (having shuttered another 55 in a CVA not that long ago) which racked up losses of £36 million last year. How time flies for the discredited deadwood press. Today Mothercare has called in the administrators for its UK stores.

Clearly Mothercare and Cobham are stuck in some kind of bizarre time loops

It has been five months since I last wrote on troubled retailer Mothercare (MTC) where I observed that it was '...in all sorts of terminal problems...and good luck to anyone who wants to pick up its UK franchises'.  That advice still appears to be on the money as apparently the company 'drafted in restructuring experts to assess options for its troubled UK business'.  Oh dear...  Start the chalking up for another win for the troubled and evolving retailer backdrop.  

Mothercare (#MTC) – warns & “temporary deferral of the planned loan reductions and other waivers”

Mothercare – “refinancing, restructuring and reorganising… to ensure a sustainable future”. Is there?

Mothercare (MTC) has announced results for its year ended 30th March 2019, emphasising they reflecting “a huge amount this year, refinancing, restructuring and reorganising Mothercare to ensure a sustainable future for the business”. Is there?...

Mothercare (#MTC) – FY even adj. loss £11.6m, net debt £6.9m, to ‘explore ways to supplement our working capital needs’

Mothercare (#MTC) – Q4 UK LFL sales -8.8% & helped by clearance stock, constant currency international retail sales -4.9%

Mothercare (#MTC) – quarterly UK LFL sales -11.4%, international constant currency retail sales -1.1%

Mothercare needs a fantastic Christmas in...Moscow, Beijing and Jakarta (and the UK!)

Oh Mothercare (MTC). It has been eight months since I last wrote about the self-styled 'leading global specialist retailer for parents and young children'...and once again the shares are kicking around just a couple of pence away from (all-time I believe) lows…

Mothercare (#MTC) – H1 adj. loss increased to £7.1m, net debt £21.5m

Mothercare (#MTC) to raise £32.5m at 19p, updates on restructuring

Mothercare (#MTC) – proposed refinancing including subsidiary CVAs and £28m equity capital raising

Mothercare (#MTC) – following recent change of CEO, change of Chairman with retirement of Alan Parker

Mothercare (#MTC) – Q4 continued sales decline, “remain in constructive dialogue with our financing partners”

Mothercare: it is as if the Titanic changed skipper after it hit the iceberg

And so in a surprise move Mothercare (MTC) fired its CEO Mark Newton-Jones last week and replaced him with David Wood who has a great CV and is, I am sure, a terribly good fellow. We were told the same about Newton-Jones four years ago. But as with the Titanic the iceberg has already struck and it is too late.

Mothercare (#MTC) – “progressing” discussions with lenders & “exploring additional sources of financing”