In Play: Reliance Retail in talks to buy out 259-year-old British toymaker Hamleys

Hamleys, the iconic British toy retailer which has been around since the time the East India Company established its foothold in the country, could soon fall into Indian hands. If talks with the Chinese owner succeed, the 259-year-old brand will end up being the plaything of Reliance Retail, India’s largest retailer, multiple sources involved in the negotiations told Moneycontrol News.