Mothercare sales revenue worldwide 2011-2022
The British baby product brand Mothercare has not been having its shiniest moment, as recent revenue figures tell us. In 2022, the retailer generated a revenue of 82.5 million British pounds from its operations worldwide, which represented a significant decline on previous years. Considering the company’s other financial indicators, the ubiquitous downward trend poses a challenge for Mothercare.
Store closures
In the UK, the number of stores Mothercare operates underwent a decline as well. In 2018, Mothercare’s UK store count dropped to 134, which was nearly three times more in 2011. On the other hand, Mothercare sales made through online are optimistically close to those made in the retailer’s UK stores. As of 2018, online is a convincing competitor for Mothercare’s store retail sales with a share of 40 percent.
Still loved by the consumer
Mothercare’s financial force is waning, however the retailer still has a strong brand and a popularity with UK consumers. In 2017, Mothercare ranked among the leading UK retailers based on consumer score. Mothercare was the only brand with an exclusive focus on baby and children’s products.
Store closures
In the UK, the number of stores Mothercare operates underwent a decline as well. In 2018, Mothercare’s UK store count dropped to 134, which was nearly three times more in 2011. On the other hand, Mothercare sales made through online are optimistically close to those made in the retailer’s UK stores. As of 2018, online is a convincing competitor for Mothercare’s store retail sales with a share of 40 percent.
Still loved by the consumer
Mothercare’s financial force is waning, however the retailer still has a strong brand and a popularity with UK consumers. In 2017, Mothercare ranked among the leading UK retailers based on consumer score. Mothercare was the only brand with an exclusive focus on baby and children’s products.
