UK authorities have issued a notice for the proposed dissolution of Hamleys (Franchising) Ltd, which recorded ₹56.08 crore in turnover in 2025 and had nil net worth at year-end.
On the non-compliance of quality standards, a penalty will be imposed on the manufacturers. However, retailers and wholesalers will also be held accountable
Hamleys, a British retail icon that hasn't made a profit for a number of years, plans to quadruple its outlets in the former British colony to more than 500 in three years despite the pandemic