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Business Description: Funtastic Limited (FUN) is engaged in the wholesale and distribution of consumer branded lifestyle merchandise with products spanning all aspects of family life. FUN's products include children's toys, apparel & footwear, sporting goods, home ware, confectionery, educational toys & furniture, and DVD & theatrical distribution soft products. FUN operates three divisions namely, Funtastic Australia, Funtastic Brands, and Madman Entertainment. FUN has offices in Australasia, Hong Kong and China.
Strategy Analysis: Since listing, FUN has grown organically through an increased number of new licensing relationships with major trademark and brand owners in its six divisions, as well as through the acquisition of complementary distributors. FUN is an increasingly dominant manager of children's brands in Australia. It is also looking to license proprietary product offshore. An example is FUN's patented baby stroller.
It is critical FUN continues to provide customers, include the large department store retailers, with a compelling value proposition to ensure they do not source directly from licensors.
The Age 18/05/2013 |
As Australia's major retailers increase their online sales channels, pouring millions into their websites, they could face new competition from China's booming e-commerce industry.
The Age 18/05/2013 |
Most of those who take a political approach to the budget assume that if it's in deficit, the way you get it back to surplus is to cut government spending or, if you're a really bad person, increase taxes. They forget it's the budget itself that's supposed to do the heavy lifting.
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