Mothercare has reported like-for-likes rose 1.1% in the UK for its third quarter as it continues its plan to turn the business around.
For the 13 weeks to January 10, Mothercare reported total UK sales declined 1.9%. In the UK, online sales were up 16.1%. International sales were up 14.4%.
Mothercare chief executive Mark Newton-Jones said: “Third-quarter results are in line with our plan. Importantly, in the UK, we have continued to reduce the level of promotional activity and went into the end of season Sale on Boxing Day with less stock and later than in recent years.
“These actions are re-establishing Mothercare as a full-price retailer and in turn stabilising our margin. In international, we have seen continued strong growth from all territories, despite the economic uncertainty in some markets.
“Whilst trading conditions remain challenging, we are continuing to make good progress on our strategic plan. Our vision is clear - to be the leading global retailer for parents and young children.”
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