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Hamleys Toys to go Russian?

British toy store Hamleys may become leaseholder at Detsky Mir’s flagship toy store in Moscow.

Ideas4retail which owns 32 stores in Russia is currently developing the Hamleys brand for the Russian Market

Evgeny Butman and Alexander Mamut have both submitted offers to develop the franchise a source close the deal told Kommersant newspaper in October.

Irina Burdelnaya, communications adviser to the president of Gals-Development, has confirmed that both retailers are interested in becoming anchor tenants.

Ideas4retail owns thirty two stores in Russia, including franchises of the Spanish toy retailer Imaginarium and the British clothes retailer Mamas & Papas, as well as toy store Hamleys.

This online supplement is produced and published by Rossiyskaya Gazeta (Russia), which takes sole responsibility for the content.

Read more about this story at telegraph.co.uk

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