ToyNews Toy industry news: business, marketing, retail, wholesale and distribution
Retail intelligence experts Springboard forecast a surge in shopping for Black Friday this year. It is anticipated that UK footfall will increase by +7.9% in the week of Black Friday [Sunday 21 – Sat 27 November] from the previous week, peaking on Black Friday itself with a rise of +19%, …
Read More »Games Workshop staff receive £5000 bonus each as full-year profits spike 69 per cent
A big spike in profit over the last year, confirmed plans to expand in China, and a bonus of £5,000 to each member of staff compound another successful end of year for the UK-based tabletop gaming brand, Games Workshop. In its trading update issued this week, the tabletop figures retailer …
Read More »John Lewis reveals plans to cut 1,000 jobs amid cost saving and management restructure
The John Lewis Partnership is planning to cut 1,000 jobs across its John Lewis and Waitrose stores in a move to simplify its management structures and cut costs. The business’s owners have said they will aim to find new jobs for those losing their store management roles and would aim …
Read More »Mamas & Papas eyes global growth amid ‘surge in international demand’ for British heritage brands
The British nursery and children’s wear retailer, Mamas & Papas is eyeing international growth, having signed a slate of new overseas partnerships across central and eastern Europe. The move, according to the firm, arrives amid a surge in international demand for British heritage brands like the Yorkshire-based Mamas & Papas, …
Read More »Homegrown | Rex London and the processes of “achieving something great”
The latest in a series of articles exploring and celebrating the homegrown British toy design and production scene across all stages of its development, ToyNews catches up with the internationally reaching gifting, toy, and craft specialist, Rex London to talk about the successes of 2020 and how a healthy retailer …
Read More »UK retail sees shopper numbers increase after ‘significant acceleration in activity’
Shopper numbers across the UK are on the increase, according to the latest research from Springboard this week, who has cited a 4.1 per cent rise in numbers across all retail destinations. In London and the south East, the increase has hit a near 7 per cent, marking a ‘significant …
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