Build-A-Bear Workshop® today announced an
agreement with Horizon Toy Company of Turkey as a new international
franchisee. The first Build-A-Bear Workshop store in Turkey is expected
to open in Mall of Istanbul in June 2014.
“We will continue to expand the Build-A-Bear brand globally and are
eager to introduce our concept to Turkey,” said Chief Executive Officer,
Sharon John. “Our international growth demonstrates the expandability of
the brand across cultures and geographies. We are excited about our
relationship with Horizon Toy Company and look forward to working with
these highly experienced franchisee partners.”
With the store opening in Turkey, Build-A-Bear Workshop will now operate
in 15 countries through franchisees. Those countries include Australia,
Bahrain, Denmark, Germany, Japan, Kuwait, Mexico, Norway, Oman,
Singapore, South Africa, Sweden, Thailand, and United Arab Emirates.
About Build-A-Bear Workshop, Inc.
Founded in St. Louis in 1997, Build-A-Bear Workshop, Inc. is the only
global company that offers an interactive make-your-own stuffed animal
retail-entertainment experience. There are approximately
400 Build-A-Bear Workshop stores worldwide, including company-owned
stores in the United States, Puerto Rico, Canada, the United
Kingdom and Ireland, and franchise stores
in Europe, Asia, Australia, Africa, the Middle East, and Mexico. The
company was named to the FORTUNE 100 Best Companies to Work For® list
for the sixth year in a row in 2014. Build-A-Bear Workshop (NYSE: BBW)
posted total revenue of $379.1 million in fiscal 2013. For more
information, call 888.560.BEAR (2327) or visit the Investor Relations
section of its award-winning website at buildabear.com®.
About Horizon Toy Company
Horizon Toy Company was founded by partnership of Ozsay Group, which is
leader in the maritime business sector, Cosmo Home which has retail
chain of cosmetics in Turkey, and Al-Jaidah Brothers, a company
headquartered in Qatar.
Copyright Business Wire 2014