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Evening Standard
Evening Standard
Business
Holly Williams

Mothercare warns future ‘highly uncertain’ after Middle East franchise blow

Mothercare Middle East
Mothercare has cautioned over a ‘material uncertainty’ to future operations without fresh cash (Alamy/PA) -

Mothercare has warned over a “highly uncertain” future for the firm after its Middle East partner revealed it was set to close most of its franchised stores across the region next year.

The troubled baby products group said it was a “heavy blow” for the firm and has now launched an urgent strategic review, as it only has enough resources to trade for a number of months.

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