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Hamleys £60m sale on the cards? Monday, 9th July 2012
Photo credit: Hamleys Group Ltd
Hamleys, one of Britain’s most iconic stores , is thought to be in talks with Groupe Ludendo, in a £60 million deal that could be signed by the end of the month.
According to The Sunday Times, Hamleys has caught the eye of the French toy maker, who runs a network of toy stores across France, Belgium, Switzerland and Spain.
Owned in majority by nationalised Icelandic bank Landsbanki, Hamleys has eight stores in the UK and Ireland, with sales of £43 million in the year to March 2011.