Hobbycraft is the UK’s leading specialist retailer of art and craft products. It offers a range of more than 20,000 products catering for 250 different crafts and hobbies, and has turned its 100-plus superstores into crafting destinations with classes and demonstrations to engage with customers and emphasise its specialist credentials. Retail Week provides news, analysis, features and opinion about Hobbycraft and specialist retailers.
Hobbycraft’s profits have plummeted despite improved sales and margin growth.
Modella Capital, which has backed chains including Paperchase, Tie Rack and Ted Baker’s UK licensing partner No Ordinary Designer Label (NODL), has acquired arts and crafts retailer Hobbycraft.
One of the UK’s largest arts and crafts retailers Hobbycraft is in advanced talks with specialist investor Modella Capital over a potential sale.
Arts and crafts retailer Hobbycraft is making a “significant investment” into bricks and mortar with plans to open new stores.
Hobbycraft has launched a new mobile app for customers to access thousands of product offerings, exclusive discounts and loyalty rewards.
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