US: TRU boss underlines confidence

TRU?s US boss Gerry Storch has outlined his confidence in the US toy market ahead going into Q4.
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Despite the current financial difficulties experienced in the US, Storch says the toy market will still thrive and will not be affected by the downturn.

"We’re very positive about the season," said Storch, chairman and CEO of Toys R Us. "Christmas will come, and parents will buy toys for their children."

Toys showed their resilience in 2007 and will again this year, Storch said. "Last year was a tough year for most retailers but we had a great year. And I believe we’re going to do fine this year as well," he said.


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The Copyrights Group is one of the licensing arms within The Vivendi Group. Acquired by Vivendi in 2016 Copyrights manages the licensing for a portfolio of properties to include Paddington Bear. Some of the other companies within the Vivendi Group include Universal Music Group, and their licensing arm Bravado, Gameloft and Studiocanal to name a few.