ToysRUs ANZ Appoints Penny Cox as Managing Director

Toys'R'Us ANZ Limited (ASX: TOY) has announced the appointment of Ms. Penny Cox, previously the Chief Executive Officer, as the new Managing Director of the company. This move aims to strengthen the leadership of the organization. Toys'R'Us ANZ Limited, an Australian-listed company, focuses on enhancing people's lives by promoting exploration and creativity through the enjoyment of toys and hobbies.

The company operates as a distributor for prominent partners in Australia through its trading arm, Funtastic. Notably, the acquisition of the Hobby Warehouse Group in November 2020, which includes popular e-commerce platforms like Toys'R'Us, Babies'R'Us, and Hobby Warehouse, along with the distribution venture Mittoni Pty Ltd, expanded the company's portfolio. This strategic shift led the company to rebrand from Funtastic Limited to Toys'R'Us ANZ Limited in June 2021.

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