IMC Toys restructures UK operation  – Toy World Journal | The enterprise journal with a ardour for toysToy World Journal

The corporate has made the tough choice to shut the UK operation. IMC product continues to be out there to UK retailers by way of FOB and DDP programmes, whereas an answer to keep up provide to impartial retailers might be confirmed shortly.

As a consequence of current price challenges together with escalating warehousing and freight charges, and with a view to drive enterprise efficiencies, IMC has made the tough and unhappy choice to shut its UK operation.

All features have been centralised with instant impact and might be managed by the skilled Hong Kong and Spanish groups for finance, operations and advertising.

The corporate’s FOB & DDP programmes will proceed and might be managed by the Hong Kong subsidiary shifting ahead. IMC can also be in dialog with a number of events to assist its impartial and specialist retailers within the UK. UK nation supervisor, Sue Barratt, advised Toy World: “As quickly as now we have appointed a companion, we’ll announce the main points and timing.”

IMC’s portfolio consists of the highest promoting Cry Infants, Magic Tears and Child Paws manufacturers, and the corporate will proceed to ship its award-winning content material and media methods throughout UK and Eire going ahead. Autumn winter media plans stay in place for 2024.

IMC might be presenting its 2025 developments in LA, Nuremberg and at previews.

Sue Barratt commented: “The enterprise is massively grateful to the UK staff for all their dedication, laborious work and professionalism, particularly over the previous few weeks.”

As of now, all gross sales and operational enquires must be directed to Sue at sbarratt@imctoys.com or 07767 822260.

Advertising, communication, and media enquiries must be despatched to Raquel Roca, rroca@imctoys.com.