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The long-established British baby and toddler specialist Mothercare is thought to be looking at various financing options in order to stay afloat.
KPMG is advising on restructuring and HSBC bank has been consulted about funding limits. This follows a disappointing rate of increase for online sales for the company which was founded in 1961 by James Goldsmith and Selim Zilkhar.
Mothercare has more that 1,000 international franchises and 140 UK-based stores.
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