RIL:- RELIANCE TO ACQUIRE HAMLEYS TOYS MAKING COMPANY

RIL:- RELIANCE TO ACQUIRE HAMLEYS TOYS MAKING COMPANY

Reliance industries Limited acquire/ purchase hamleys global

Reliance industries Limited has purchased hundred percent shares of stake in hamleys global

This brand this deal is of 620 crore rupees.

This is very popular brand in the world for toys

Poor rich every class every status people and their kids to play with this toys

This company is 270 years old in 17th century this company started

Families apart from toys has entertainment and movie making business

In the word hamleys has 167 store

Hindi India hamleys has Reliance master franchise

Inc 29 cities of India hamleys has 88 store

Hamleys was purchased by three different companies till date

Right now the ownership of families companies with c.net companies since 2015

In 2015 seedot purchased or acquired hemorrhage in 10 crore pound 

Since last so many years analysis in losses

Cells of Hamlet has been on decrease side

In 2017 amylase has loss of 1.20 crore pound

Globally in the toys industry hamleys has major market share global toys industry is of 11 Arab dollar

Reliance want to enter into toys industry and become a major global player

With the help of this acquisition Reliance brand image will still improve

Looking at the population of India and growth rate of population oil industry has huge future

In 2018 Indian toys industry has value of 1.5 Arab dollar

by 2024 India's toy industry will reach 3.3 Arab dollar

Reliance is diversifying there businesses into many other different businesses like toys Telecom E-Commerce  retail sector etc

This acquisition will help Reliance industries Limited in e-commerce field