Middle East woes continue to hurt Mothercare's H1 FY25 sales and profits

By Yahoo! Finance   |   1 month ago
Middle East woes continue to hurt Mothercare's H1 FY25 sales and profits

Mothercare reports challenging performance in the Middle East due to evolving market dynamics. H1 FY25 saw a 12% decline in retail sales, and operational profit fell by 68%. Despite difficulties, a strategic joint venture in South Asia with Reliance Brands aims to strengthen the brand's presence.

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