World News

Hamleys signs franchise development deal for Malaysia

Published on: November 14th, 2013

The agreement will see the opening of up to four Hamleys stores over the next two to three years, with the first store due to open in Kuala Lumpur by December 2013.hamleys300

Alasdair Dunn, Hamleys’ CFO, commented: “The signing of Global Retail Ventures compliments our international franchise growth strategy and we are looking forward to our partners delivering the Hamleys magic and bringing smiles to the faces of families all over Malaysia.”

Field Fisher Waterhouse advised Hamleys in relation to the grant of franchise rights for Malaysia. Gordon Drakes, senior associate, led the team which advised Hamleys on the completion of Malaysian franchise law formalities and its negotiations with Global Retail Venture (GRV) Toy Shop, an experienced retail operator and licensee for the likes of Blue Inc, Collezione, BHS, Monsoon/Accessorize and Jane Norman.

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