Mamas & Papas closes six stores as part of pre-pack administration
Mamas & Papas has gone into administration and closed six stores.
The move has resulted in 73 staff members being made redundant and comes just a few days after the collapse of fellow baby products retailer Mothercare.
Bluegem Capital, which has owned the company since 2014, has subsequently bought Mothercare’s assets through a pre-pack adminstration.
Richard Cincotta, executive chairman of Mamas & Papas, said: “These actions are always difficult but they are also necessary in a challenging market to ensure Mamas & Papas achieves its considerable future potential.”
Mamas & Papas said it will also be reviewing and simplifying operations at its Huddersfield head office and that this could lead to a further 54 redundancies.
The stores closed include unprofitable sites in Aberdeen, Fareham, Leamington, Lilncon, Milton Keynes and Preston. The company’s online business and remaining stores will continue to trade as normal.
