Hamleys CEO to step down

David Smith is to leave the toy retailer less than seven months after he was appointed to the role

Written by Georgie Dobie

Posted 18.08.2020 | Retail

Hamleys CEO to step down thumbnail

The chief executive of Hamleys is to step down from his role at the end of the month.

The report from Sky News suggests that David Smith is expected to leave his post at the end of the month – seven months after being recruited by the new Indian owner of the world-famous toy retailer. Reliance industries purchased Hamleys in May 2019 for around £70m.  

The reasons for which the former Debenhams and Body Shop executive is to leave the company are currently unknown.  

However, like many retailers, sales at Hamleys have been negatively impacted by the outbreak of Covid-19.  

Spin Master named League of Legends master toy thumbnail

Spin Master named League of Legends master toy

Licensing agreement with video game giant Riot Games will bring action figures, role-play and more to shelves next AW

John Lewis scraps partner bonus thumbnail

John Lewis scraps partner bonus

Partners will lose out on their annual profit share for the first time since 1953 after the group posts £635m ...

John Lewis scraps partner bonus thumbnail

John Lewis scraps partner bonus

Press Releases

Radio silence broken on Novel Entertainment’s new Horrid Henry podcast thumbnail

Radio silence broken on Novel Entertainment’s new Horrid Henry podcast

The first podcast based on the award-winning Horrid Henry TV series will launch this week under new ‘Horrid Henry Unlocked’ ...

APC Kids signs trio of deals for CTC Media’s Kid-E-Cats thumbnail

APC Kids signs trio of deals for CTC Media’s Kid-E-Cats

New deals sees hit property’s footprint expand in Asia, Latin America and North America

Live the track with the Lego Technic Ducati Panigale V4 R thumbnail

Live the track with the Lego Technic Ducati Panigale V4 R

The Lego Group has revealed its latest Lego Technic model – the Ducati Panigale V4 R

Have a field day with Britains’ New Holland Tractor! thumbnail

Have a field day with Britains’ New Holland Tractor!

Tomy has revealed the latest launch from Britains – a New Holland T8.435 Tractor