Australia Mothercare is in administration

Thursday 31 January 2013 00:55 GMT

Your support helps us to tell the story

From reproductive rights to climate change to Big Tech, The Independent is on the ground when the story is developing. Whether it's investigating the financials of Elon Musk's pro-Trump PAC or producing our latest documentary, 'The A Word', which shines a light on the American women fighting for reproductive rights, we know how important it is to parse out the facts from the messaging.

At such a critical moment in US history, we need reporters on the ground. Your donation allows us to keep sending journalists to speak to both sides of the story.

The Independent is trusted by Americans across the entire political spectrum. And unlike many other quality news outlets, we choose not to lock Americans out of our reporting and analysis with paywalls. We believe quality journalism should be available to everyone, paid for by those who can afford it.

Your support makes all the difference.

Mothercare's Australian business has collapsed into administration after it failed to find a buyer for the baby products retailer.

Mothercare Australia had been in talks with The Myer Family Company to sell the business, which has 74 stores in Australia and New Zealand, but these talks "ended inconclusively". In November, Mothercare, which had a 23 per cent stake in the Australian-listed company, made a provision of £10.6m for the business in Australia but expects "minimal" impact on the group's profits.

Join our commenting forum

Join thought-provoking conversations, follow other Independent readers and see their replies

Comments

Stay up to date with notifications from The Independent

Thank you for registering

Australia Mothercare is in administration

Join our commenting forum

Thank you for registering