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Mamas & Papas

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Mamas & Papas
Company typePrivate limited company
IndustryRetail
Founded1981; 43 years ago (1981)
HeadquartersHuddersfield, West Yorkshire
Key people
David Scacchetti
Luisa Scacchetti
Derek Lovelock
Jonathon Fitzgerald
ProductsPushchairs, buggies, car seats, toys, nursery furniture
Revenue£133.7 million (2016)
Number of employees
c. 1,000
ParentBlueGem Capital Partners
Websitewww.mamasandpapas.com

Mamas & Papas is a UK-based nursery brand and manufacturer supplying prams, pushchairs, baby products, furniture and maternity wear. It was established in Huddersfield in 1981 by David and Luisa Scacchetti, both of Italian ancestry, whose initial aim was to bring Italian design to the UK baby buggy market. They started the business with a range of coloured corduroy prams imported from Italy.[1] They sold through one local shop of their own and through supplying other stores, until deciding to become a retail brand in 1998.[2] For most of its existence, the business was privately owned.[3]

By 2011, Mamas & Papas was described as the "UK's bestselling nursery brand".[4] In 2014, the business embarked on cost-cutting associated with a Company Voluntary Arrangement (CVA).[5] Store closures were considered [6] but were avoided by the CVA.[7]

The private equity firm BlueGem Capital Partners took a majority share in Mamas & Papas in summer 2014, joining a portfolio that includes Liberty and Jack Wills.[8] The company returned to profitability in 2015.[9]

In 2016, the rejuvenated retailer opened a 5,000 square feet (460 m2) flagship store at Westfield London.[10]

Mamas & Papas was placed into administration on Friday 8 November 2019 and was immediately bought back by other firms controlled by Bluegem Capital, its private equity owner.[11]

References

[edit]
  1. ^ "Mamas & Papas founders take pram firm on global push". The Daily Telegraph. 12 February 2012.
  2. ^ Mamas & Papas reveals plans to bump up store opening programme as sales soar, The Times, 20 June 2009
  3. ^ "Mamas & Papas: David and Luisa Scacchetti, Growing Business, 25 November 2013". Startups.co.uk. Retrieved 23 October 2021.
  4. ^ "Yorkshire determination and Italian design – it's a winning combination". The Independent. 22 October 2011. Retrieved 23 October 2021.
  5. ^ "Baby clothes chain Mamas & Papas cutting costs". The Daily Express. 21 August 2014. Retrieved 23 October 2021.
  6. ^ "Mamas & Papas considers store closures under rescue plan". The Daily Telegraph. Retrieved 23 October 2021.
  7. ^ "Creditors approve Mamas and Papas CVA". The Yorkshire Post. Retrieved 23 October 2021.
  8. ^ "BlueGem". Archived from the original on 13 February 2017. Retrieved 12 February 2017.
  9. ^ "Baby boom". The Herald. Retrieved 23 October 2021.
  10. ^ Ryan, John. "Store gallery: A rebirth for Mamas & Papas at Westfield London". Retail Week. Retrieved 23 October 2021.
  11. ^ Butler, Sarah (8 November 2019). "Mamas & Papas closes six stores and cuts nearly 130 jobs". The Guardian. ISSN 0261-3077. Retrieved 8 November 2019.