Mothercare is losing £50 every second

Mothercare is losing nearly £50 in revenue every second of every day according to a new report laying bare the dismal profit margins of high street retailers.
Thirty of the world’s biggest fashion retailers’ revenues and profits per second have been documented in a new ‘interactive’ report from Ask Traders.
While online fashion retailers including Asos, Boohoo and Missguided saw profit per second equal roughly half of their revenues, high street retailers like Deben