Argos buys Chad Valley toys from Woolworths

Home Retail Group, the owner of Argos and Homebase, has acquired the Chad Valley toy brand from Woolworths for £5m. The general merchandise retail group said it had purchased the rights to use the Chad Valley brand exclusively in the UK and internationally.

It said the brand, which has a "very strong heritage, with independent research confirming high recognition among UK consumers", will help to consolidate Argos's leading position in the toy retail market. Deloitte, the administrator to Woolworths, is also trying to sell the Woolworths brand itself and that of Ladybird, the children's wear offer.

Independent Comment
blog comments powered by Disqus

Day In a Page

Picture preview: Lucian Freud drawings

Lucian Freud drawings

Picture preview
Silent revolution at the Baftas as the French take top awards

Silent revolution at the Baftas

The Artist wins in seven categories, with Meryl Streep the other big success story
Whitney Houston: The diva who had – and lost – it all

The diva who had – and lost – it all

Nick Hasted charts the highs and lows of Whitney Houston's life
How Picasso won over (some of) the British

How Picasso won over (some of) the British

Winston Churchill and Evelyn Waugh hated his work, but Picasso provided inspiration for a whole generation of UK artists
Topshop: A Decade Of Design

Topshop: A Decade Of Design

When London Fashion Week starts on Friday, Topshop will celebrate 10 years backing its brightest young stars
John Prescott: 'My wife thought I'd just retire, but I'm not a slippers man'

'My wife thought I'd just retire, but I'm not a slippers man'

At 73, John Prescott isn't mellowing. In fact he's taking a shot at becoming a police commissioner
Jim Gamble: We are losing the race to protect our young

Jim Gamble: We are losing the race to protect our young

Technology and the children who use it won't wait for slow-moving child-protection services and police to catch up
Sarah Sands: A friend is not the one you turn to, but the person who turns to you

Sarah Sands on friendship

A friend is not the one you turn to, but the person who turns to you
Andy Burnham: 'It's a genie out of the bottle moment'

Andy Burnham interview

'It's a genie out of the bottle moment'
Leveson: What we've learnt so far

Leveson: What we've learnt so far

Ingenious hacks, shifty editors and attacks of Sudden Memory Loss Syndrome – Matthew Bell assesses the state of play at the Royal Courts of Justice
Modern lovers: The 'sexual body warriors' and pioneers transforming 21st-century relationships

Modern lovers: The 'sexual body warriors'

Sarah Morrison meets the people redefining love in the 21st century.
'I was angry, so angry': How heartbreak, betrayal and Su Pollard helped Estelle find pop success

Estelle: 'I was angry, so angry'

The singer talks about heartache, betrayal and bouncing back.
Choc tactics: Bill Granger's Valentine's recipes for chocoholics

Bill Granger's Valentine's recipes for chocoholics

Should it be white, milk or plain? Can you make a melt-in-the-mouth pudding without using any?
Male, pale & stale: Could more women on the board help Mothercare – and other ailing firms?

Male, pale & stale

Could more women on the board help Mothercare – and other ailing firms?
Upstairs, downstairs, 2012-style

Upstairs, downstairs, 2012-style

There are now more domestic workers in Britain than in Edwardian times