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Hornby Hobbies has turned a profit for the first time in nine years, pulling in a £300,000 pre-tax profit compared to the £3.4 million loss the year prior, highlighting the resurgence of the hobby market over the past year. The model train specialist has been at the centre of a …
Read More »Hobby renaissance and ‘avalanche of new product’ helps Hornby to successful Q4 trading
A renaissance of the hobby market and an ‘avalanche of new product releases’ are among the factors credited by Hornby Hobbies to its latest business boost, culminating in a 28 per cent increase in sales year-to-date in the company’s latest trading report. The international models and collectables group released its …
Read More »Hornby takes fresh steps into franchise building with new licensing consultant Michele Pearce
Hornby Hobbies has taken the first steps forward in launching its Scalextric brand onto the global licensing scene with the appointment of its new licensing consultant, Michele Pearce. In her new role, Pearce will work to represent Hornby in the start of a new in-house licensing initiative, utilising her specialist …
Read More »“Transformation at Hornby accelerates” as hobby firm is on track for 20 per cent Q3 sales increase
The hobby specialist, Hornby has said it expects to see between 15 to 20 per cent higher sales in the financial year ending March 31st, stating that the “transformation at Hornby continues to accelerate.” The model train company has issued early reports that its third quarter of the financial year, …
Read More »Hornby puts temporary halt on orders to non-UK customers due to Brexit and port delays
Hornby Hobbies has put a temporary freeze on all orders to customers outside of the UK, citing delays caused by the uncertainty surrounding Brexit and disruption at UK ports. The company released a social media statement earlier this week in which it said it would not accept any non-UK orders …
Read More »Hornby’s plummeting revenue rescue plan is like “booking a restaurant last minute”
Hornby has seen a revenue fall of 25 per cent to £35.7 million in the 12 months to March 2018.
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