Mothercare shares plunge after highly uncertain future warning
Mothercare said its future is highly uncertain after a Middle East franchise partner indicated it expects to close most stores in the region due to the Iran war; shares were down 68% to 25 pence in morning London trading.
Mothercare shares plunged after the company warned its future was highly uncertain, following a statement from a Middle East franchise partner that it expects to close most of its stores in the region because of the Iran war. Shares were down 68% at 25 pence in morning London trade. Over the year to date, they are down...