Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
No Result
View All Result
Home International Customs

UK, Nigerian firms seal franchise deal on toy business

byCT Report
15/02/2017
in International Customs, Nigeria
Share on FacebookShare on Twitter

LONDON: World’s famous British toy shop, Hamleys, has officially announced the signing of the development agreement for the Hamleys franchise in Nigeria with Smartmark Limited. The first toy shop, which will open in Lagos this summer, will include thousands of quality approved toys and all the brand’s iconic features including opportunities for children to play, engaging store design, expertise in service and amazing toy demonstration. Chairman of Smartmark Limited (Hamleys Franchise Partner in Nigeria), Yakubu Gobir, said, “this is going to be the first real toy store in Nigeria. Smartmark are pioneers in new store launches in Nigeria and we are really excited about Hamleys and its unique experiential retailing.” He added that Nigeria represents one of the best growth opportunities to international brands on the African continent.Also, the Chief Executive Officer of Hamleys of London, Gudjon Reynisson, said: “I am really looking forward to bringing the Hamleys magic to the children and families of Nigeria. Smartmark have extensive experience of international brands and retail in Nigeria. I am sure they will be successful and our stores well received. “We are looking forward to supporting Smartmark’s team, as are our partners in the toy industry and those we work closely with on international relations at the Department of Industry,” Reynisson added.

Also at the event, the International Trade Minister for the UK, Mark Garnier, said: that “From teddy bears to the latest action figures, children all over the world enjoy toys from the iconic British brand, Hamleys. The UK is one of Nigeria’s largest investors and the opening of this new Lagos store will add Hamleys to the list of nearly 120 UK companies already doing business in Nigeria.“Hamleys’ expansion into the Nigerian market is more than just child’s play – Lagos is a major financial centre of Africa, with the highest GDP on the continent and an expanding middle-class market. For other British businesses looking to make the most of global demand for British goods and services, the government is committed to helping all UK companies fulfill their exporting potential”, he added.

You might also like

lamic banking assets reach Rs14.47 trillion, sector share rises to 23%

07/03/2026

Shippers see temporary lull in exports

05/02/2020
Tags: Nigerian firms seal franchise deal on toy businessUK

Related Stories

lamic banking assets reach Rs14.47 trillion, sector share rises to 23%

byCT Report
07/03/2026

KARACHI: Pakistan’s Islamic banking sector expanded during 2025, increasing its share in the country’s financial system with assets reaching nearly...

Shippers see temporary lull in exports

byadmin
05/02/2020

Shippers expect the coronavirus outbreak to have the greatest effect on farm product exports, notably fresh fruits and vegetables, with...

Toyota Motor Corp. employees work on the Crown vehicle production line at the company's Motomachi plant in Toyota City, Aichi, Japan, on Thursday, July 26, 2018. Toyota may stop importing some models into the U.S. if President Donald Trump raises vehicle tariffs, while other cars and trucks in showrooms will get more expensive, according to the automaker’s North American chief. Photographer: Shiho Fukada/Bloomberg

Toyota SA to invest over R4 billion in car assembly and parts

byadmin
05/02/2020

Toyota SA Motors (TSAM) has announced a R4.28bn investment in local vehicle assembly and parts supply. Speaking at the company’s...

Over 80 Kilos Cocaine Found On Dutch Plane In Argentina; Three Dutch Arrested

byadmin
05/02/2020

More than 80 kilograms of cocaine was found on a Martinair Cargo plane in Argentina. Seven men, three of whom...

Next Post

UK wheat exports slow in December, imports climb

  • Terms and Conditions
  • Disclaimer

© 2011 Customs Today -World's first newspaper on customs. Customs Today.

No Result
View All Result
  • Transfers and Postings
  • Latest News
  • Karachi
  • Islamabad
  • Lahore
  • National
  • Chambers & Associations
  • Business
  • About Us

© 2011 Customs Today -World's first newspaper on customs. Customs Today.