WORLD NEWS

Hamleys to open more stores in India

Published on: 29th October 2015

So far in India, Hamleys has stores in Mumbai, Delhi, Kolkata, Chennai and Chandigarh among others.

Hamleys-480The British toy retailer first entered the Indian market in 2010 through an exclusive franchise arrangement with Reliance Retail. Reliance Brands, part of the Reliance Industries Group, has plans to open more stores if it can get the right location.

Darshan Mehta, president and CEO at Reliance Brands, said: “Hamleys can be in the top 25 cities in India, but the stores have to be in the right spot and in the right mall. Malls are becoming the ideal weekend destinations for families and so getting the right spot and the right mall is very crucial for us.”

When asked about Hamleys’ growth in India, Karandeep Singh, business head for Hamleys India, said: “We don’t want to quote a number, but it has been a great experience so far.”

No timeline has been revealed for setting up the stores.

RECENT ARTICLES

A sense of perspective…it’s the Friday Blog!

Simba Dickie Group to merge with subsidiaries

Playmobil introduces new loyalty scheme

Asmodee to launch dedicated Family Games range at Toy Fair

Halilit unveils new look for 2020

The Very Group announces strong Christmas toy trading results

Generation Media strengthens its leadership team for 2020

Exclusive: Toy World catches up with Toymaster

Exclusive: Toy World spoke to Nick Saunders ahead of Brainstorm’s 25th anniversary

Exclusive: Toy World caught up with Basic Fun!