Bluegem Capital buys back UK retailer Mamas & Papas - administrator

(Reuters) - British nursery retailer Mamas & Papas Retail was sold to private equity firm Bluegem Capital Partners, administrator Deloitte said on Friday, leading to the shutdown of six loss-making stores and 73 job losses.The news comes three days after baby products retailer Mothercare said it would shut all its British stores.Mamas & Papas sells pushchairs, car seats, furniture, clothing and other nursery products.Deloitte said the retailer was sold through a pre-pack administration to..