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March 19, 2021

ThreeSixty to launch FAO Schwarz store in Italy

US-based toy brand FAO Schwarz, a subsidiary of ThreeSixty Group, has partnered with European toy retailer Prénatal Retail to open its first flagship store in Italy.

US-based toy brand FAO Schwarz, a subsidiary of ThreeSixty Group, has partnered with European toy retailer Prénatal Retail to open its first flagship store in Italy.

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The companies will open a 6,000ft2 store in a historic landmark in Milan this year.

The store will aim to offer a full FAO Schwarz collection of toys and consumer-engaging retail experiences.

The new location will be inspired by FAO Schwarz’s flagship store at 30 Rockefeller Plaza, New York, and will feature in-store product demonstrations.

ThreeSixty Group international wholesale and corporate strategy retail president Jan-Eric Kloth said: “We couldn’t be more pleased to partner with Prénatal Retail Group to introduce the FAO Schwarz brand into Italy.

“Their retail know-how and knowledge of the European market and our expertise on in-store and online experiences make this a great match.

“We look forward to offering customers in Italy the same level of engagement that we have in New York while also surprising them with experiences and brands unique to the Milan store.”

ThreeSixty and Prénatal Retail are also collaborating with third-party brands to introduce more experiences for customers in the coming months.

The partnership aims to expand FAO Schwarz’s footprint in other countries, including Spain, France, Portugal and Benelux.

Prénatal Retail Group CEO Amedeo Giustini said: “We look forward to welcoming FAO Schwarz into our brand portfolio and to sharing with customers exclusive experiences and a brand with over 160 years of history.”

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Walmart: Going Beyond Company Disclosures

Walmart has rounded out its fiscal year with a strong set of numbers that show it has taken supply chain disruption, rising costs, heavy inflation, and various other problems in its stride. There is comfortable growth on both the top and bottom lines, which is extremely respectable given tough prior year comparatives. Walmart hiring is slowing down as compared to hiring in the months of April and March in 2022. Walmart posted close to 40,000 vacancies in March and 30,000 in April, which has gone below 10,000 in June 2022. Walmart Company Filings has most of the mentions related to the ESG and COVID-19 themes in 2021. ESG has more than 300 mentions in the company’s 2021 filings which indicates the rising focus on ESG-related issues. Our report on Walmart: Going Beyond Company Disclosures, demonstrates GlobalData Explorer’s ability to:  
  • Track and monitor a company’s movements through alternative indicators to gain insights into the strategy before it is disclosed by the company
  • Gain insight into a company’s capital deployment strategy, by assessing historical deal volumes and specific transactions executed by the company, in addition to identifying sectors of focus
  • Go beyond basic financial information, to access key industry-relevant indicators for a company and how these have progressed over time
Don’t miss out on key market insights that can help optimize your next investment – read the report now.
by GlobalData
Enter your details here to receive your free Report.