Hamleys Posts Loss for 2008 - License
 

Hamleys Posts Loss for 2008
Publish date: Jun 15, 2009
Source: License! Global Weekly E-news
In figures just released, U.K. toy retailer Hamleys reported a loss of £2.7 million ($4.5 million) for the year ended March 2008. Sales were up by £8 million ($13 million) to £44 million ($73 million). Like-for-like trading in recent weeks is said to be positive.

Restructuring at head office has led to a number of senior figures leaving the business recently. Defunct Icelandic retail investor Baugur was a majority stakeholder in Hamleys until its demise earlier this year.

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Source: License! Global Weekly E-news, 6/15/2009
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