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Article: Daily Mail, London, business briefs column.
- Article from:
- Daily Mail (London)
- Article date:
- April 5, 2007
CopyrightCOPYRIGHT 2007 Daily Mail. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Apr. 5--BABY STORE GROWS: Mothercare (up 4 3/4p to 387 1/4p) is setting its sights on further expansion overseas as it faces tough trading at home.
Revenues from its international arm, which counts for a third of group sales, surged 30pc last year after opening 62 shops in Europe, the Middle East and Asia.
It has 328 foreign stores and plans to expand in Egypt, Kazakhstan, Azerbaijan and Belarus.
Talks to buy out rival The Early Learning Centre for [pounds sterling]85m are ongoing.
TPG SECURES ACCESS TO IBERIA'S BOOKS: Buyout firm Texas Pacific Group will be given access to Iberia's books following next week's board meeting of the ...