7th Jan 2016 07:58
LONDON (Alliance News) - Hobby products company Hornby PLC on Thursday said it will be showcasing a number of new product launches over the course of 2016 at fairs around the world in a bid to boost its business.
The company, known for its model train sets and miniature cars, is launching a range of new battery-operated trains, new ranges under its Airfix and Scalextric lines, and a 3D printing concept.
Hornby is seeking to revive its fortunes and in the midst of a major restructuring project which caused its interim loss to widen significantly this year as it rolls out a new IT system in its UK and European operations.
By Sam Unsted; [email protected]; @SamUAtAlliance
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