....Pruning the UK chain, which has racked up losses of close to £100m over the last six years, has put it on the road to recovery with analysts predicting it will move into profit next year. In recent years Mothercare has been forced to fall back on the success of its large overseas business
but that is now facing headwinds of its own as shoppers in the Middle East – its biggest regional market outside the UK – spend less because of the slump in the oil price. ...
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Thursday 18th of May 2017 06:10:59 PM