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Reliance Brands acquires 100 percent stake in Hamleys

Friday, 10 May 2019
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Reliance Brands, a subsidiary of Reliance Industries (RIL), has acquired the entire stake in Hamleys Global that owns the UK toy brand Hamleys from C Banner International.

The financial terms of the deal are not disclosed yet. Hamleys was introduced in India by Reliance Brands in 2010, with the first store opening at the High Street Phoenix mall in Mumbai.

In India, Reliance Brands has the master franchisee for Hamleys and runs 88 stores across 29 cities.

 
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