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Mothercare swings to first-half profit

Mothercare has swung to a profit in the first half of the year despite a drop in turnover. In the 26 weeks to September 25, the British maternity and childrenswear specialist reported a profit before tax of 3.6 million pounds compared to a loss of 13.2 million pounds a year earlier. The company’s turnover in that period dropped 6 percent to 41.7...

Nov. 25, 2021