Reliance Brands to take stake in Plastic Legno’s Indian toy manufacturing business

Reliance Brands to take stake in Plastic Legno’s Indian toy manufacturing business

Reliance Brands Limited (RBL) has agreed to acquire a stake of 40% in the Indian toy manufacturing business of Italy-based Plastic Legno for an undisclosed price. The two companies will subsequently create a toy manufacturing joint venture. According to Reliance Brands, the investment serves a dual purpose and brings vertical integration to its own toy […]

UK toy retailer Hamleys opens flagship toy store in Beijing

UK toy retailer Hamleys opens flagship toy store in Beijing

China retail industry news : UK toy retailer Hamleys has opened a new store in Beijing, which is its third toy store in China and its largest store worldwide. The new Hamleys toy store in Beijing is located in Wangfujing, considered to be a popular shopping street in China. According to Hamleys, its 10,700sqm Beijing […]