The Toy Association announced the election of six new members and three term renewals to its Board of Directors to serve two-year terms. The announcement was made during The Toy Association’s Annual General Meeting, which was open to all members. The meeting opened with remarks from Board Chair Aaron Muderick, founder & executive chair of Crazy Aaron’s, who reflected on the state of the industry, expressed openness to feedback at any time from members and representatives across the toy and play community, and offered thoughts on the exciting build-up to a reimagined Toy Fair 2023 this September.
JAKKS Pacific, Inc [NASDAQ: JAKK] reported financial results for the fourth quarter ended December 31, 2022. JAKKS Pacific Fourth Quarter 2022 – Net sales were $131.9 million compared to $188.0 million last year; a 30% decrease. Gross margin of 21.7%, negatively impacted by lower capitalization of warehouse costs, higher tooling amortization, obsolete inventory and royalty expense, offset by lower inbound freight expenses
With 90s nostalgia in full swing, this year marks the 30th Anniversary of the iconic film, Jurassic Park, from Universal Pictures and Amblin Entertainment. To celebrate three decades of epic dinosaurs, ToyMonster announces the launch of two new lines of CAPTIVZ collectible dinosaur toys. The Jurassic Park CAPTIVZ Build N Battle 30th Anniversary range is available now, and the Jurassic World CAPTIVZ Hatchlings range will hatch in retail stores starting next month.
WildBrain, a global leader in kids’ and family entertainment, has teamed up with acclaimed British fashion designer Christian Cowan for a Teletubbies collaboration, which builds on the recent momentum generated for the colorful quartet following the brand’s 25th anniversary celebrations in 2022. The limited edition Teletubbies collection, which features the characters in signature fashion poses printed on every day elevated essentials, including hoodies, t-shirts and denim, is now available for purchase on christiancowan.com. Additionally, Cowan has created a pair of knee-high boots in tribute to his favorite Teletubby, Dipsy, in neon green plush fabric. The deal was brokered by WildBrain with H&S on behalf of Christian Cowan.
Fans of BOO The World’s Cutest Dog can look forward to an expanded range of products featuring images of the famously adorable Pomeranian thanks to two licensing deals (Threadless and Calendar Holdings) announced by Spotlight Licensing. Hip hip hooray for BOO!
While the deer and the antelope play on the Range, Douglas Company has added a few more animals to the mix, including a coyote, wolves, and more. The Range will see six more mammals this spring from the soft toy maker and lifestyle gift creator. Introducing Howls the Coyote and what a clever looking specimen he is. His fur is fantastic in shades of brown, caramel and white, looking very textured and full. His legs and feet are short haired caramel along with his snout. The inside of his ears and complete underbelly are thick fluffy white. He is 10” long in a standing on all fours position.
Global independent animation studio ZAG has signed its first pet license with ZippyPaws to bring superhero favorites Ladybug and Cat Noir from the smash hit animated series, Miraculous – Tales of Ladybug and Cat Noir, to dog-loving families across the U.S. through a Miraculous inspired dog toy range.
The new toy range includes Miraculous Cheeky Chums Plush of both Ladybug and Cat Noir, cuddly crimefighters that take on boredom one squeak at a time; a Miraculous Kwami Plush 2-Pack featuring Tikki and Plagg, whose magical powers can transform Marinette and Adrian into the superheroes Ladybug and Cat Noir when wearing their Miraculous.
PlayMonster Group LLC, a leading international toy and game company, has announced the launch of the Magnatab Minis line, which has been named as part of the 2023 Toy Association trends report. The new product line will be available for consumer purchase in April 2023 at Barnes & Noble and aims to bring all the satisfying fidget fun of Magnatab to a tween and kidult audience.
The Peninsula, whose global portfolio of luxurious hotels has drawn discerning travellers for nearly a century, is delighted to announce an exclusive partnership with The World of Peter Rabbit in a licensed agreement with Penguin Ventures on behalf of brand owner Frederick Warne & Co. (now part of Penguin Random House Children’s). More than 120 years after his creation by renowned British author and illustrator Beatrix Potter, and during the Year of the Rabbit, the iconic Peter Rabbit will arrive in time for Easter at The Peninsula – in the form of special themed Afternoon Tea menus, stay packages, and gifts – to ensure a memorable experience for guests and their families through the end of the year.