Mothercare collapses into administration

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Troubled retailer Mothercare has called in administrators, putting 2,500 UK jobs at risk.

The baby goods firm, which has 79 retail stores in the UK, has appointed administrators from PwC.

The UK firm “has been loss making for a number of years”, but international franchises are profitable, PwC said.

On Monday the baby goods firm said it was “not capable” of being sufficiently profitable and that it had failed to find a buyer.