Toy story: Asia’s richest man buys Britain’s Hamleys for $88 mn

Asia’s richest man Mukesh Ambani has snapped up the storied British toy store Hamleys from its Chinese owners for $88 million, the latest in a dizzying splurge of retail acquisitions. Ambani’s Reliance Brands announced late Thursday that it had bought the 259-year-old toy retailer from the Hong Kong-listed […]