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Mothercare to shut 10 more stores as Childrens World arm placed into administration

UK high street mainstay Mothercare has raised the number of stores it plans to close from 49 to 60 as it said the CVA for its Childrens World business had not received creditor approval forcing it into administration.
CoStar News
July 9, 2018 | 2:00 P.M.

Mothercare said in a stock market announcement it was also looking to raise a further £32.5m from shareholders as part of its restructuring of the group.

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News | Mothercare to shut 10 more stores as Childrens World arm placed into administration