Mothercare plc is a global brand for products for parents and young children. The company's shares are listed on AIM in London.
Mothercare was founded in the United Kingdom in 1961, and specialized in products for expectant mothers and in general merchandise for children up to eight years of age. Later, the company's shares were listed on the main market of the London Stock Exchange, and mergers and acquisitions involved Habitat, British Home Stores, and Early Learning Centre.
Mothercare's UK subsidiary had over 150 stores in 2017, but by 2019, the number had been reduced to 79. In November 2019, the subsidiary was placed into administration, which led to closure of all the stores, continuing as a franchise-only business. Mothercare-branded products are sold in the UK by Boots, and Mothercare continues to supply franchisees in other countries.[1]
History
The company was founded by Selim Zilkha and Sir James Goldsmith in 1961.[2]