Gifts and gadgets retailer Menkind has completed the acquisition of Hawkinâ€™s Bazaar and Stocking Fillers, previously owned by H Grossman, for an undisclosed sum.
Hawkinâ€™s BazaarÂ was created in 1973 as the go-to place for all types of gifts for children of all ages.Â Stocking FillersÂ was established in 2007 and was set up to make shopping for Christmas stockings and presents easier. The deal will see Menkind take over the websites, customer data and stock. For now, customers will have access to the existing websites but in due course they will be redirected toÂ www.Menkind.co.uk.
The acquisition will provide customers with a significantly larger range to choose from and the benefit of a more seamless customer experience journey, thanks to Menkindâ€™s 20 years of expertise in the gifting industry.
Hawkinâ€™s Bazaar CEO David Mordecai commented: â€œWe are delighted to have been acquired by Menkind. They are market leaders in the gifting industry and bring a world of experience which makes it truly exciting for this deal to take place. We are so thankful to our loyal customers for their support over the years and feel confident that they are in the best hands possible with Menkind.â€
Paul Kraftman, CEO at Menkind, added: â€œWe are proud to continue the growth of our business through the acquisitions of these great brands. Reflecting back to 10 years ago, we were among the three main independent gifting retailers alongside Red5 and Hawkin, and thanks to our dedicated team and expertise weâ€™ve gone from strength to strength, enabling us to acquire these businesses and offer an unrivalled proposition to our customers.â€
Menkind is one of the UKâ€™s leading and fastest growing operators in the gifts and gadgets industry. The company opened its first store in 2002 and can now be found in more than 60 locations around the country as well as online at www.menkind.co.uk. Under the direction of Paul, the business has grown steadily, specialising in original gifts and gadgets that range from licensed products to personalised items and tech.
In lead up to Christmas, Menkind is expanding its presence with pop-up stores in key locations across the country. It opened nine stores this year, where customers can shop the Christmas and wider product range.