Mothercare steps up search for rescue with hunt for new backer

Published on: 30th April 2018

Mothercare is seeking outside financing as it races to seal a rescue package by the middle of May.

The troubled chain has been working with investment bank Rothschild to explore alternative financing options beyond its current lenders, The Sunday Telegraph has reported.

Accountancy giant KPMG is handling separate discussions with HSBC and Barclays over Mothercare’s existing debt.

The retailer, which wants to have new funding in place by its full-year results on 17th May, has said talks with lenders have been “constructive”.



Wow! Stuff unveils Wow! Pods

Moose Toys to launch Oh! My Gif

Exhibitor space for 2020 Toymaster May show sold out

Beales to decide on administration today

Clementoni appoints Carianne Wylie

Stephen Mulhern to showcase new game on Asmodee stand at Toy Fair

Golden Bear to premiere new additions to Bing range at London Toy Fair

A sense of perspective…it’s the Friday Blog!

Simba Dickie Group to merge with subsidiaries

Playmobil introduces new loyalty scheme