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Toy Industry Vet Ed Gershowitz Joins Sno...

Ed Gershowitz | Source: Snorble Inc. A familiar face has resurfaced in a new place. Ed Gershowitz, the former chairman of Hornby America and Carrera of America, has been named chief revenue officer and executive vice president of sales at Snorble Inc. The move comes as the tech startup prepares to bring its “smart friend” […]

How the toy industry comes up with vario...

India is untapped toy has enormous potential for growth in the global toy industry. The Government of India has highlighted the promotion of toy exports and manufacturing in our country by developing various schemes. At the same time, it is essential for Indian toy manufacturers to come up with new revolutionary and technologically advanced methods […]

Toy industry bets on Licensing Expo 2022...

Source: Licensing Fair The American toy industry is rolling the dice and placing bets for big payouts in Las Vegas this year. Licensing Expo – the world’s largest licensing trade show – will return to the Las Vegas Strip May 24-26, 2022 when Informa Markets and Licensing International open their doors and bring the licensing […]

Top pick: 1 growth stock that grew net i...

Image source: Getty Images I wrote last month about the two companies for high-potential kids. One reported outsized quarterly earnings growth. On February 28, 2022, Spin Master (TSX: TOY) reported record financial results for the fourth quarter and full year 2021. The other company, Corus Entertainmentcontinues in 2022. However, it has not yet communicated its […]

The global toy industry supports Ukraine...

A girl plays in Ukraine | Source: Adobe Stock Originally published Mar 1, 2022 11:03 a.m. ET | Updated: March 4, 2022, 3:21 p.m. ET The Russian invasion of Ukraine creates a new ripple effect of challenges for toymakers around the world. Following the invasion, the Ukrainian Toy Industry Association (UTIA) issued a call to […]

Predicting the Toy Industry and Market T...

Source: Adobe Stock by STEPHANIE WISSINK, Managing Director, Jefferies As I write, it has been over two years since the first identified case of COVID-19. It’s as if we could call COVID-19 endemic compared to a pandemic, given that this is our new living reality. Consumers and business leaders operate under one certainty: uncertainty. That […]

Mattel Stock Up 9% After Earnings: Why I...

Mattel (NASDAQ: MAT) the stock jumped sharply following a strong fourth-quarter earnings report on Feb. 9. Sales and earnings were much better than investors expected, but more importantly, the Hot Wheels maker sees continued strong sales performance in the near term, despite supply chain issues and rising consumer prices. The stock is currently up 8.8% […]

Government, Retail News, ET Retail

New Delhi: There are currently no proposals from the government to include the toy industry in the Production Linked Incentives (PLI) scheme, although it is providing comprehensive support to the sector to make it more competitive , Parliament was informed on Friday. The government has taken a series of measures such as raising the Basic […]

No proposal at present to include the to...

There are currently no government proposals to include the toy industry in the Production Linked Incentives (PLI) scheme, although it provides overall support to the sector to make it more competitive, has been informed Parliament on Friday. The government has taken a series of measures such as raising the Basic Customs Duty […]

The toy industry’s biggest trade show co

The toy industry’s largest trade show – which attracts 1,000 vendors from around the world and has been held in New York for more than a century – could take attendances and leave town, The Post has learned. After two shows canceled due to the pandemic, big names in the industry are considering changes to […]

NPD Group Announces Winners of 2021 Toy ...

LEGO Star Wars: The Mandalorian The Child was the top-selling building set in the US in 2021, per NPD | Source: The LEGO Group The American toy industry has just had a banner year, and now the NPD Group is honoring the greatest artists in the United States and beyond. This week, the leading retail […]

Policy framework, uniform GST rate on to...

New Delhi: Finance Minister Nirmala Sitharaman will present the Union Budget for 2022-23 on February 1 in Parliament. Prior to the budget, the toy industry announced its expectations, which include an industry blueprint, a policy framework and a uniform GST rate. “The toy industry is calling for a staged manufacturing plan to ensure the holistic […]

US toy industry grows 13% in 2021 • The

Source: Adobe Stock Play prevailed in another year of challenges and uncertainty for the toy industry. Despite the ongoing supply chain crisis, the lingering effects of the COVID-19 pandemic, and other unpredictable factors, U.S. toy retail sales totaled $28.6 billion in 2021, compared to $25.4 billion in 2020, according to The NPD Group. In addition […]

Mattel Acquires Disney Princesses From H...

Toby Talbot/AP/Shutterstock Elsa, Anna, Jasmine, Ariel, Snow White, Mulan, Cinderella and all their friends return to Matteland Wall Street think this little economic news is just magical. See: 2 ways to do Disney World: extravagant and cheapFind: Disney files a patent to produce its own metaverse via personalized 3D images: will you ever be able […]

LEGO Wins Two 2022 Toy Industry Awards W...

The LEGO Group won two Toy Industry 2022 awards for sets that were definitely not released in 2021 or 2022. Although it did not take part in this year’s London Toy Fair, the LEGO Group was apparently in the running for the Toy Industry Awards, which are presented by the Toy Retailers Association (TRA) and […]

Winners of the 57th Toy Industry Awards ...

Barbie Day to Night Dreamhouse, Mattel and Smyths triumphed at this year’s Toy Industry Awards, winning Toy of the Year, Supplier of the Year and Toy Retailer of the Year, respectively. A TRA Outstanding Contribution Award was presented to Gary Grant of Dream Toys for his individual contribution to the Dream Toys event over many […]

E-commerce, real estate, fintech, toy in...

Despite the ongoing Covid-19 pandemic, different sectors including e-commerce, real estate, fintech and the toy industry expect robust growth in 2022. Mr. Rajiv Kumar Aggarwal, Founder and CEO of StoreHippo, said that 2022 will see e-commerce evolve further with more emphasis on personalization, next-generation customer touchpoints, rapid penetration of e-commerce into the level III and […]

Watch Making it in the Toy Industry podc...

Making It In the Toy Industry, a podcast hosted by The Toy Coach, Azhelle Wade, celebrates the launch of its third season. MIITTI is the only toy podcast designed to support and inspire inventors, entrepreneurs and corporate toy people with insider tips and advice on concept development, marketing, sales, and manufacturing. In its first two […]

The trends that will guide the toy indus...

The pandemic restrictions have caused trends to change in the toy manufacturing industry. The nationwide lockdown has confined children to their homes all day. Fear of the virus forced parents to prevent them from going out, cutting off small minds from the social world. To keep children’s social learning process alive, parents began to rely […]

“The Playground Podcast” Presents the Se

Clockwise from top left: Chris Byrne, James Zahn, Richard Gottlieb and John Baulch | Source: The Toy Book After an inaugural chat last December, four of the toy industry’s most visible and vocal figures are back together for another conversation. In a special edition of “The Playground Podcast”, Toy book Associate Editor James Zahn and […]

Toy industry resists government labeling...

The federal government says scooters are the most dangerous toys this holiday season, but the toy industry says not all scooters are created equal. The Toy Association, a nonprofit trade group, says the US Consumer Product Safety Commission’s annual report on “toy-related deaths and injuries” mistakenly includes unregulated scooters as toys in its claim that […]

Money Monday: How supply chain issues ar...

LANISNG, Michigan (WLNS) – The holiday shopping season is in the home stretch, and for many, finding the perfect gift for your kids has been nearly impossible. There are several reasons for the shortage. The Toy Insider editor gives us some insight into what is fueling the problem. The answer is… well, it’s complicated. “Supply […]

GST rate on toys: the toy industry has s...

India: GST rate on toys: the toy industry has suffered an electronic shock! 25 November 2021 Legal phoenix To print this article, simply register or connect to Mondaq.com. We all enjoyed playing with different “toys” during our childhood and they are still popular with children today. Toys have evolved a lot over time and now […]

US toy industry sales soared 11% in thir...

Source: Adobe Stock The global supply chain crisis is causing headaches, but it has yet to officially make a financial hole in the U.S. toy industry’s cash registers. According to the latest data from The NPD Group, the toy industry’s total dollar sales in the United States rose 11% in the third quarter of 2021. […]

Sex toy industry adopts voluntary safety...

The multibillion-dollar sex toy industry has passed its first global safety standards amid a sales boom, but sex experts warn the voluntary program is not enough to protect consumers. Australian retailers such as Wild Secrets and Adulttoymegastore have reported booming sales of sex toys such as vibrators throughout the pandemic, especially during shutdowns. Globally, the […]

The toy industry is becoming more and mo...

Just over a week ago, California passed a law that requires department stores to create gender-neutral sections with a “reasonable selection” of gender-neutral toys and childcare items. To be clear: Stores may still have sections for boys and girls, but they Also need to have an unlabeled section. Awakened and anti-awakened clash in Facebook comments […]

Crowded supply chain creates problems fo...

item NEW YORK – Three months before Christmas, toy company Basic Fun has made an unprecedented decision to leave a third of its iconic Tonka Mighty dump trucks destined for U.S. store shelves in China. Why? With the prices of shipping containers and clogs in the supply network soaring, the transportation costs to get the […]

IIT Kanpur partners with MSME to transfo...

IIT Kanpur FIRST’s business incubator has partnered with MSME to promote the creation of toy clusters with new-age, sustainability-focused designs and more. FIRST, or Foundation for Innovation and Research in Science and Technology (also known by the brand name, SIIC IIT Kanpur) is working with the Ministry of Micro, Small and Medium Enterprises, Government of […]

What the holiday season 2021 could look ...

through GERRICK JOHNSON, Senior Analyst, BMO Capital Markets Although a lot of people in the toy industry know who I am, few know what I actually do. I’m an equity research analyst for BMO Capital Markets and, in a nutshell, I make equity recommendations to institutional investors (mutuals, hedge funds and pension funds). My area […]

Toy industry grapples with supply chain ...

Ahead of the Paw Patrol movie release this summer, Toys “R” Us Canada and toy maker Spin Master Corp. have done something rarely seen before in the toy industry. They airlifted Liberty toys – the latest member of the animated search and rescue team – from China to Canada to put the new puppy on […]

Toy industry mourns loss of former Galoo...

Robby Kanoff | Source: The Nacelle Co./ The toys that made us A toy industry veteran with legendary ties to the world of wrestling action figures has passed away. The toy book has learned that Robby Kanoff, former executive vice president of sales at Galoob Toys, passed away yesterday, September 16, 2021. “We lost a […]

Remembering Arnold Irwin, pioneer of the...

Anyone who’s ever hiked a Hula Hoop, guided a Slinky up the stairs, thrown a Frisbee, cuddled a bear, engaged in a Star Wars minifigure battle, made a snack in an Easy-Bake oven, or challenged an opponent on a gaming system video Atari was touched by the Irwin family of Toronto. In 1926 Samuel Irwin […]

Playmonster’s Bob Wann among four indust

Playmonster CEO Bob Wann has joined a list of esteemed toy industry names – including Jim Pressman, the former president of Pressman Toy Corporation, and the late Raggedy Ann and Andy creator Johnny Gruelle – to be inducted into the toy industry. Hall of fame. Rounding out this year’s list of big name inductees is […]

Toy Association reveals 2022 Toy Industr...

Source: The Toy Association/The Toy Book The Toy Industry Hall of Fame will induct four industry legends into its ranks for 2022. After a month of voting and deliberation, the Toy Association has revealed two living legends and a pair of posthumous inductees. Jim Pressman, former president of Pressman Toy Corp. and Bob Wann, Head […]

Four toy industry icons to be inducted i...

NEW YORK, August 31, 2021 / PRNewswire / – The Toy Association announced today that it will introduce Jim pressman, former president of Pressman Toy Corporation; Bob wann, Head of PlayMonster at PlayMonster LLC; the end Johnny Gruelle, creator of Raggedy Ann and Andy; and the end Lucille King, founder of the Playskool Institute, in […]

Get lucky during COVID – Sales in the se

From tourism to the restaurant industry, COVID-19 has had a devastating effect on all levels. But, one industry seems to be coming out on top… peaking, if you will. The sex toy industry has apparently seen a surge in sales despite a devastating harsh lockdown. Talk to IOL, Allure Sensuality Emporium owner Sari Cohen said […]

Lego and Barbie remain the most requeste...

Dublin, August 25, 2021 (GLOBE NEWSWIRE) – The “Toy Industry Quarterly Report – 2nd Quarter 2021” has been added to ResearchAndMarkets.com offer. Despite historic gains at the start of 2021, 2021 will not be a repeat of 2020 with its industry-wide double-digit increases. Chaos in the supply chain and inflation will reduce incomes due to […]

Global Toy Industry Q2 2021: Supply Chai...

DUBLIN – (COMMERCIAL THREAD) – The report “Toy Industry Quarterly Report – 2nd Quarter 2021” has been added to ResearchAndMarkets.com offer. Key observations: Despite historic gains at the start of 2021, 2021 will not be a repeat of 2020 with its industry-wide double-digit increases. Chaos in the supply chain and inflation will reduce incomes due […]

Toy industry digital sales increase 6.5%...

LEGO Technic Lamborghini Sián FKP 37 | Source: The LEGO Group The toy industry continues to grow globally, and in China e-commerce sales soared 6.5% in the first half of 2021, according to The NPD Group. Licensed toys have done big business with Ultraman leading the way as the # 1 license. Luxury and supercars […]

Construction toy industry players create...

Construction Toys Market Report 2021 Growth and Change COVID-19 The Business Research Company Global Construction Toys Market Report 2021: Growth and Change in COVID-19 LONDON, GREATER LONDON, UK, Aug 11, 2021 /EINPresswire.com/ – The introduction of eco-friendly construction toys is the key trend that is gaining popularity in the construction and construction toy market. The […]

Voting opens for 2022 Toy Industry Hall ...

The 2022 Toy Industry Hall of Fame Nominees | Source: The Toy Association / The Toy Book The Toy Association is preparing to welcome a new class of inductees to the Toy Industry Hall of Fame. Since 1984, the Toy Industry Hall of Fame has honored outstanding individuals who have made significant contributions to the […]

NPD Says Global Toy Sales Increase 15% i...

Pokémon Mega Construx | Source: Mattel / The Pokémon Co. International Despite shipping issues and empty shelves in some places, the global toy industry is still on a roll with famous brands including Pokémon, Barbie, Star Wars, LOL Surprise! and Marvel Universe topped the charts. According to The NPD Group, toy industry sales in the […]

Toy industry sales experience in the Uni...

The US toy industry’s dollar sales increased + 19% from January to June 2021, increasing by + $ 1.7 billion, to $ 11.0 billion in sales, according to The NPD Group. PORT WASHINGTON, NY, August 5, 2021 / PRNewswire-PRWeb / – US toy industry dollar sales up + 19% from January-June 2021, up $ 1.7 […]

Toy industry grows 19% in first half

The U.S. toy industry grew nearly 20% in the first half of 2021, up $ 1.7 billion to $ 11 billion, according to The NPD Group. The industry experienced a compound annual growth rate (CAGR) of 9% in dollars and average selling price from 2018 to 2021, but the unit CAGR has remained stable over […]

Toy Industry Veterinarian Ashley Mady Jo...

Ashley Mady | Source: IT’SUGAR / The Toy Book A familiar veteran of the toy and licensing industry has joined specialty retailer IT’SUGAR. Ashley Mady Joins Basic Fun Company! assume the newly created role of Vice President of Brand Development. Mady will lead the visual merchandising, private label, licensing, public relations and marketing efforts of […]

Focus on the “toy economy”: Prime Minist

Noting that India’s share in the $ 100 billion global toy market is only around $ 1.5 billion, Prime Minister Narendra Modi on Thursday stressed that the focus should be on “l ‘toy economy’ by advising the country’s game and toy industry to play an important role in this sector. . Focusing on the toys […]

License sustainability | Toy industry s...

Sustainability in the toy industry will not be achieved in a single gesture, but through “constant and incremental improvements”, as well as relentless innovation, is the message promoted by the international toy manufacturer, ZURU , ahead of the sustainability conference in licensing this week. . Speaking to ToyNews ahead of the online conference kicking off […]

How YouTube Unboxing Videos Helped Kids ...

(Bloomberg) – About five years ago, MGA Entertainment was a mediocre toy maker struggling for relevance. And then one night, founder Isaac Larian stumbled across a growing YouTube fad generating millions of views: iPhone unboxing videos. “I was frankly shocked and stunned,” Larian said in the latest episode of System Shock, a Bloomberg Quicktake series. […]

US Toy Industry Sales Grow 27% in First ...

A target toy ray | Source: Target Corp. The growth of the US toy industry shows no signs of slowing down. Total U.S. sales rose 27% in the first four months of 2021, an increase of $1.5 billion from the January-April period of last year, according to The NPD Group. Tracking data for the period […]

NPD Group Reports First Quarter 2021 Toy...

January sales posted the strongest growth of the quarter thanks to toy purchases around the Chinese New Year holiday PORT WASHINGTON, NY, June 7, 2021 / PRNewswire-PRWeb / – Toy Industry E-Commerce Sales in China increased by 16% for $ 1.2 billion (USD) in the first quarter (Q1) of 2021 (January – March) compared to […]

Toy industry e-commerce sales increase 1...

A 2021 LEGO Lunar New Year set | Source: The LEGO Group The toy industry is booming in China, especially digitally. E-commerce sales in the first quarter of 2021 climbed 16% to $ 1.2 billion, according to The NPD Group. The increase is largely due to the Chinese New Year celebration on February 12, with […]

The boss | Tim Ives of Basic Fun: “The

This quarter, ToyNews is catching up Tim ives, the new Managing Director for UK and Basic Fun’s ROI to find out what the role means to him, his best career moments and the fortuitous nature of Lincoln Logs launch in the UK Hi Tim, congratulations on the latest news and the new role with Basic […]

Return kick | Has the toy industry help...

The increased engagement of the toy industry with the UK skate scene is one of the many factors contributing to an increase in participation in the sport, especially among young girls who are starting out for the first time. According to Skateboard GB, the official body for skateboarding in the UK, the past year has […]

Toy Industry 2021: The outlook for the g...

Kids Brand Insights CEO Steve Reece details his outlook for the global toy industry this year. Despite the difficult times we are going through, the outlook for the global toy trade in 2021 is good. 2020 has been a terrible year for humanity in terms of disrupting our way of life and the way we […]

How will 2021 unfold for the toy industr...

The toy industry saw significant growth in 2020 amid the COVID-19 pandemic as parents turned to toys to keep children engaged while they remained homebound. During this period, some categories such as building sets, board games, and digital games have grown in popularity, generating sales for their manufacturers. Looking ahead, the general feeling appears to […]

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 […]

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 […]

What stock of toys is a better buy for C...

The holiday shopping season has arrived. This is the time of year when toy and game stocks have the potential to explode. According to NPD Group, sales in the toy industry are up nearly 10% in the first half of 20 in more than a dozen markets the organization is following closely. Toy sales in the […]

What happens afterwards? Predictions fo...

by Sean McGowan, Managing Director, Gateway Investor Relations Of all the comparisons I’ve read about what 2020 will be remembered, the one I’ve found most useful is 1918 + 1929 + 1968 = 2020. This year we have experienced a deadly pandemic, an economic collapse and an explosion of social unrest. I will leave future […]

Indian toy industry cannot meet domestic...

NEW DELHI: Three-year-old Tejas celebrated his birthday on August 31, a day after Prime Minister Narendra Modi put the spotlight on the Indian toy industry on his radio show Mann ki Baat. Modi stressed the need to increase local toy production and increase India’s share in the global toy market, which is set at Rs […]

Coronavirus has created new momentum in ...

While the sharp drop in oil will affect businesses in different ways, it could be good news for Hasbro (HAS), Mattel (MAT) and Funko (FNKO). “Plastic is a by-product of petroleum. So if the oil goes down, there should be an impact on the amount it costs a toy maker, ”toy maker and comic artist […]

Coronavirus disrupts the global toy indu...

Toy companies are delaying shipments and new product launches and struggling to fill retail orders as the coronavirus outbreak disrupts the industry’s supply chain. Some toy factories in China, where about 85% of the world’s toys are made, remain closed and others operate at a fraction of their capacity, either due to labor shortages or […]

The coronavirus comes at a bad time for ...

The coronavirus continues to impact industries with a strong presence in China, from auto parts to technology. And the toy industry is no less vulnerable to the virus and its deleterious effects on global supply chains. For now, the US toy industry, which is hosting its 117th North American International Toy Fair in New York […]

Toy industry looks to YouTube talent for...

Kids wanted toys based on their favorite movies and TV shows, be it “Star Wars”, “My Little Pony” or “Teenage Mutant Ninja Turtles”. These remain in demand – show interest in so-called Baby Yoda character from the Star Wars series “The Mandalorian” or anything from “Frozen II” – but more recently kids have also been […]

Toy industry hit by crisis ‘due to Brexi

Britain’s toy industry suffered “difficult” trading conditions last year due to declining consumer confidence following Brexit and a snap general election, manufacturers said. The British Toy and Hobby Association (BTHA) – which represents over 80% of the industry in the UK – has released new figures showing overall sales fell 6% to £3.2billion in 2019 […]

The Biggest Toy Industry Trends of 2019

Photographer: SeongJoon Cho/Bloomberg © 2019 Bloomberg Finance L.P. We describe what children do as “playing”. For adults, this means more than work, but for children, playing is their job, it’s how they learn to socialize and think constructively. Unlike adult work, if it’s not constantly engaging, they stop and it’s not productive. Making toys that […]