Scoop has an Ethical Paywall
Licence needed for work use Learn More

Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 

Online-Retailer iQ Toys reports busy Xmas!

Online-Retailer iQ Toys reports busy Xmas!


Mount Maunganui online-retailer iQ Toys (www.iqtoys.co.nz) is experiencing another strong Christmas. Sales are up 9% on last year with a record 10,000 orders likely to be processed in December alone.

To cope with demand staff numbers have grown to 25 and are likely to grow even further in 2011 according to Managing Director, Shane Loomb.

Earlier this year iQ Toys acquired specialist online DVD retailer Gumboot (www.gumboot.co.nz) and have expanded the product range to include a comprehensive selection of books and toys. Shane says “The Gumboot name is iconic to many New Zealanders and expats so we jumped at the chance to purchase the business”. There are plans in 2011 to add a Kiwiana section to Gumboot to capture a larger international audience.

IQ Toys already sends a significant amount of toys to Australia through subsidiary iQ Toys Australia and Shane admits he is surprised at the traction they are experiencing in Australia this year with minimal marketing spend. Baby Universe (www.babyuniverse.co.nz) – another company in the iQ Toys online retail group is relatively quiet in December with most expecting parents dealing key purchasing decisions in the busy lead up to Christmas which says Shane “is just as well – we couldn’t cope with much more!”

Hot toy picks for this Christmas are: “Playmobil, Sylvanian Families, Harumika Fashion Design Sets, Five Men Standing Rugby World Cup game, Aquadoodle…and of course anything Lego!” says Shane.


ENDS

Advertisement - scroll to continue reading

© Scoop Media

Advertisement - scroll to continue reading
 
 
 
Business Headlines | Sci-Tech Headlines

 
 
 
 
 
 
 
 
 
 
 
 
 

Join Our Free Newsletter

Subscribe to Scoop’s 'The Catch Up' our free weekly newsletter sent to your inbox every Monday with stories from across our network.