Funtastic Limited provided the following update in relation to recent business developments and new initiatives launched in support of its positive outlook for revenue growth following the acquisition of distribution business Mittoni and e-commerce businesses Babies"R"Us, Toys"R"Us and Hobby Warehouse. The company announced the relaunch of Babies"R"Us, its speciality baby retail brand, planned for the first half of 2021. Babies"R"Us will offer a curated experience of market leading and exciting new, globally sourced, innovative baby brands - some of which will be exclusive to Babies"R"Us. This initiative will support one mission to connect with and accompany expectant, new and returning parents throughout their journey. The initial phase will launch with thousands of products via e-commerce site, growing to an enhanced offering during the second half of 2021. The success and learnings from one Hobby Warehouse and Toys"R"Us digital engagement with customers will grow loyalty and help shape one offer which promises to be a unique retail experience to delight both parents and children alike. Babies"R"Us' innovative marketing approach will augment the products and services customers love as the company engage with them through their daily lives and reflect the emotional highs and lows company all experience through family and children. The Group is excited to be entering a buoyant but under-represented retail category and company look forward to offering shoppers an exciting alternative.