Hamleys Toy Shop is the renowned toy retailers of the world. This toy
retail group has one flagship store in the city of London, UK. The flagship
store of Hamleys group is recognized as biggest toy store of the world. This
UK-based toy shop is actually positioned on Regent Street in London, which is
considered as center of attractions for several tourists visiting the city. The
business reports related with Hamleys Toy Shop have revealed that every year,
UK-based toy retail group witnessed arrival of 5 million people belong to
different parts of the world.
Last month, Ludendo Group, famous French toy retailing group has
empowered Hamleys Toy Shop of London. Initially, Baugur Group was recognized as
owner of Hamleys Toy Shop. This is because; in the year 2003, Baugur Group has
purchased the UK-based toy shop by paying an amount of £58.7 million.
After the collapse of Baugur Group, toy
retail shop had gone under the control of Landsbanki, nationalized bank
of Iceland. Thus, before the empowerment of Hamleys shop by Ludendo Group, it has remained under control
of Landsbanki bank.
Currently,
the company has gone in the hands of Ludendo
Group of France operating 300 toy retail stores in Spain, France, Switzerland
and Belgium. The French Group has acquired the toy store as part their business
strategy to enhance his portfolio in the coming few years. According to Jean-Michel,
Chairman of Ludendo Group, “Since past
250 years, Hamleys Toys have supplied valuable products to worldwide customers.
The shop incorporates 8 outlets in Ireland and Britain, along with 7-storey
flagship store located in Regent Street. Therefore, acquisition of Hamleys
group provide huge platform for our business development at international
level.”
