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Government examines the quality and comp...

The government wants Indian toys to achieve both quality and competitiveness and is studying the kind of incentives required by the toy industry, a senior official said on Sunday. Guruprasad Mohapatra, secretary of the Department for Promotion of Industry and Internal Trade, said that toys are a serious economic problem and that a very comprehensive […]

Hasbro is relaunching Mr. Potato Head as...

Hasbro has announced that Mr. Potato Head, the beloved toy story-with spud, will be replaced with a gender neutral potato head this year. The Associated Press reports that the name change will be reflected on boxes later this year, becoming the latest toy to get an image update. Other companies have made similar changes to […]

‘Shining toy’: Alberta petrochemical com

CALGARY, Alberta (Reuters) – Inter Pipeline Ltd’s ambitious petrochemical plant was meant to unlock new markets. Instead, it left the Canadian company struggling with cost overruns and vulnerable to a hostile C$7.08 billion ($5.64 billion) takeover by Brookfield Infrastructure Partners. Some investors have ruled out a bid to compete with Monday’s bid for the oil […]

US toy industry hits record sales despit...

through Juli Lennett, Vice President, Industry Advisor, American Toys, The NPD Group Retail sales of the toy industry in the United States grew 16% in 2020, generating $ 25.1 billion, a year-over-year increase of $ 3.5 billion. The US toy industry surpassed $ 32.6 billion in annual sales for the first time in history, when […]

Delayed movie releases impact the toy in...

During the pandemic, toy companies have not been able to capitalize as much on sales of new toys and merchandise related to major movie releases, as many movies have been significantly delayed. We learn more this week about the overall picture of toy companies. Hasbro released its quarterly results on Monday, beating revenue and profit […]