Last updated : April 19, 2019 11:17 am
Media reports have indicated that the Indian retail giant is in advanced talks to acquire the iconic British toys retailer.
Hamleys is currently owned by a Chinese company C Banner International and has around 129 stores globally, a majority of which are
Meanwhile it has also been reported that Hamleys incurred a loss of £9.2 million for the year ended December 2018 after declaring a profit of £1.7 million the year before and has been looking to sell Hamleys after struggling to generate profits in recent times.