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Mothercare to return to profit

Mothercare to return to profit Mothercare has reported “small” EBITDA profit growth in its pre-close trading update. The retailer, which has been in administration in the UK since November 2019, said it anticipated reporting a small EBITDA profit for the year to 27 March 2021, against previous guidance of a small loss. Mothercare reported a pre-tax loss of £4.4m for the six months to 10 October 2020, from a £4m profit the year before. The improved outlook comes despite net worldwide franchisee retail sales falling 40% to £326m year on year as a result of Covid-19 in the UK and the 40 international markets in which it operates.

Dubarry of Ireland to open larger Cheltenham store

Dubarry of Ireland to open larger Cheltenham store Country boot and clothing brand Dubarry of Ireland is to open a larger store in Cheltenham. The business has two additional flagship stores in London and Dublin. Dubarry of Ireland launched in Galway during the 1930s. It initially manufactured hand-stitched moccasins. Now, it offers country and marine footwear alongside clothing and accessories.   Have your say Register a new account to join the discussion. Please remember that the submission of any material is governed by our Terms and Conditions and by submitting material you confirm your agreement to these Terms and Conditions. Links may be included in your comments but HTML is not permitted.

Has fashion retail improved its record on racism?

Digital Edition: Has fashion retail improved its record on racism? A year on from the murder of George Floyd and the ensuing Black Lives Matter protests, Drapers investigates whether the industry has addressed the problems of structural racism and lack of diversity? No online subscription: This article requires a paid-for subscription to read it in full. If you already have a subscription, please click here to sign in, or see below for how to set up your subscription today Subscribe for unlimited access Unrestricted access to high-quality, independent coverage of the fashion retail industry Keep up to date with the latest breaking news, and find out what it means for you

Irish Debenhams employees agree compensation deal

Irish Debenhams employees agree compensation deal
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Executive pay increases at Boohoo Group

Executive pay increases at Boohoo Group
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