Mothercare boosted by ELC acquisition

Babycare retailer Mothercare today said sales were boosted in a “strong” second quarter after completing the £85m (€121.8m) takeover of the Early Learning Centre.

Mothercare boosted by ELC acquisition

Babycare retailer Mothercare today said sales were boosted in a “strong” second quarter after completing the £85m (€121.8m) takeover of the Early Learning Centre.

The group posted a 3.4% hike in like-for-like UK sales, with Mothercare store sales up 3.9% and Early Learning Centre sales ahead by 1.9%.

Mothercare added it was on track with plans to integrate the acquired business after completing the takeover in June and had already launched 21 Early Learning Centre offerings in Mothercare stores ahead of Christmas.

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