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Mothercare future 'highly uncertain' on Middle East blow
- On Sep 18, 2026, Mothercare launched an urgent strategic review after its main Middle East franchise partner revealed plans to close most regional stores next year amid ongoing conflict.
- Sales plunged more than 40% in the year ending recently, driven by uncertainty in the Middle East amid the Iran war and the end of a supply deal with Boots.
- Mothercare chairman Clive Whiley called the closures a "heavy blow," warning that the situation will cause a "material reduction in the company's order book for 2027-28 and a commensurate reduction in revenues, profits and cash flows."
- While currently possessing sufficient resources to trade for a number of months, the company warned that the longer-term solvency remains "highly uncertain" as it pursues stakeholder value preservation.
- This development follows a warning last month from The London-listed firm regarding "material uncertainty" over its future if trading conditions worsen, compounding pressure on the business model.
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12 Articles
12 Articles
Evening Standard+6 Reposted by 6 other sources
Mothercare warns future ‘highly uncertain’ after Middle East franchise blow
The group’s main Middle Eastern franchise partner expects to shut most of its stores next year as part of a review launched amid the ongoing Iran war.
·London, United Kingdom
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Mothercare is in a state of emergency, as the company's main franchise partner in
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Total News Sources12
Leaning Left3Leaning Right0Center5Last UpdatedBias Distribution62% Center
Bias Distribution
- 62% of the sources are Center
62% Center
L 38%
C 62%
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