Business
Mothercare announces strategi
Mothercare announces strategi.
About this update from Mothercare Plc
[{"type":"text","content":"\n RNS Number : 8529G Mothercare PLC 09 February 2010 \n \n\n \n \n \n \n \n \n \nBoots and Mothercare commit to developing strategic partnership\n \nBoots and Mothercare today announce that they have agreed to form a strategic partnership to design, source and supply a new children's clothing and accessories brand to be sold exclusively through Boots stores in the UK and the Republic of Ireland.\n \nThis builds on the existing successful commercial relationship where Boots sells Mothercare's Early Learning Centre toys in over 400 Boots stores. \n \nAlex Gourlay, Chief Executive, Health & Beauty Division, Alliance Boots, said: \"We are very pleased to be extending our relationship with Mothercare. We believe this move will further strengthen our baby and child range and build on our reputation for offering great value children's wear. This agreement demonstrates our commitment to developing strategic partnerships to grow and expand our business.\"\n \nBen Gordon, Chief Executive, Mothercare, said: \"We are delighted with this latest addition to our existing successful partnership with Boots. We expect this agreement to be a substantial development in our recently announced wholesale strategy. Work has already commenced on what will be a distinctive and quality product range for customers.\" \n \n-ends-\n \nNotes to Editors:\n \nBoots\nBoots UK is the UK's leading pharmacy-led health and beauty retailer and has around 2,600 stores in the UK. It is part of Alliance Boots, a leading international pharmacy-led health and beauty group, which has a presence in over 20 countries. \n \nMothercare plc\nMothercare is a leading global multi-channel retailer of children's and parenting products, operating two leading brands Mothercare and Early Learning Centre, across 52 countries with 1,111 owned and franchised stores worldwide.\n \n \nFor further information, please contact:\n \nMothercare plc\n\n\n\n\nBen Gordon, Chief Executive \n\n\n01923 206001\n\n\n\n\nNeil Harrington, Finance Director\n\n\n01923 206187\n\n\n\n\n&nbs...