Clothing & Shoes
Mothercare ups guidance but warns on impact of Russian closures
Its latest update comes a month after it announced that its franchise partner’s retail business in Russia, which includes 116 stores and online, had been suspended
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Mothercare has announced that EBITDA is now expected to be in the range of £11.5m to £12m for the year ended 26 March 2022, ahead of analysts’ expectations, despite warning of the effects of the closure of its business in Russia.
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