Britain's most famous toy shop, Hamleys, has been sold to a French firm in a multi-million-pound deal.
Family-run Groupe Ludendo, which operates 300 toy stores across France, Belgium, Switzerland and Spain, would not reveal how much it had paid for Hamleys but a £60 million price tag has previously been reported.
Hamleys was mainly owned by nationalised Icelandic bank Landsbanki, which took over Baugur's stake when the investment group collapsed in the recession.
We moderate all comments on HeraldScotland on either a pre-moderated or post-moderated basis. If you're a relatively new user then your comments will be reviewed before publication and if we know you well then your comments will be subject to moderation only if other users or the moderators believe you've broken the rules, which are available here.
Moderation is undertaken full-time 9am-6pm on weekdays, and on a part-time basis outwith those hours. Please be patient if your posts are not approved instantly.
