Mamas & Papas closes six stores and cuts nearly 130 jobs

Company will continue trading despite collapsing within days of Mothercare

Mamas & Papas is closing six shops and and cutting nearly 130 jobs just days after the collapse of its rival Mothercare.

The Huddersfield-based baby and maternity retailer collapsed into administration on Friday and was immediately bought back by other companies controlled by Bluegem Capital, its private equity owner.

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From our friends over at the : Business | The Guardian

 

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