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Hamleys’ sales rise consumed by debts
12.06.09
Toy shop company Hamleys fell £2.7 million into the red after the interest it paid on its debt wiped out any gains from an £8 million leap in sales to £44 million for the full-year to March.
Chief executive Gudjon Reynisson said: “We remain confident we have put the right things in place to grow the business.”
The store is one of London's major tourist attractions, and has five million visitors a year.
