Mothercare Ireland has bumper sales in first quarter

Sales at Mothercare Ireland in the first quarter of this year “have shown the first consistent positive trend for a number of years”.

That is according to the directors of Mothercare Ireland Ltd who also say that “the underlying business remains viable and strong with the directors anticipating a return to growth and profitability in the short to medium term”.

The firm last October exited examinership that led to the closure of three stores, at Blackrock and Jervis Street in Dublin and Cruises Street in Limerick. It also negotiated significant rental reductions.