Mothercare’s International Business storms ahead
Strong sales growth from the Direct business confirming the importance of the company’s multi channel strategy.
Group sales for the 12 weeks to 1 April 2006 were up 5.6%. Group sales for the 25 weeks to 1 April 2006 were up 4.8% and for the 53 weeks to 1 April 2006, were up 3.7%.
UK store like for like sales were up 0.2% for the 12 weeks to 1 April 2006. After adjusting for the timing of Easter, UK store like for like sales were up by an estimated 1.2% for the 12 weeks.
Ben Gordon, Chief Executive said ‘We continue to improve Mothercare’s trading capability and we are pleased that the company is performing strongly. The resilience of the UK business in a
difficult trading environment reflects the actions we have taken to develop Mothercare’s position as a specialist multi-channel retailer. Our international expansion continues apace, reinforcing the strength of the Mothercare brand
worldwide.’
