Author: aNb Media

The LEGO Group has announced earnings for the first six months of 2023. Revenue was DKK 27.4 billion, a growth of one percent compared with H1 2022. Consumer sales grew three percent, outperforming other leading toy companies and contributing to strong market share growth. Operating profit was in line with expectations at a solid DKK 6.4 billion compared with an exceptionally strong DKK 7.9 billion in H1 2022. The company continued to accelerate spending in long-term strategic initiatives including manufacturing, digital and sustainability.

O2C Brands announces the acquisition of Green Sprouts, an innovator in natural baby products that reimagines the possibilities for swimwear, sun wear, mealtime, bath time, hair care, toys and more. The line stands out for its wide range of products for newborns, infants, and toddlers up to 4 years old. “Green Sprouts exemplifies the very essence of O2C Brands core values – a fusion of innovation, sustainable materials, unwavering quality, distinctive design, and an emphasis on family. We are focused on strengthening Green Sprouts dedicated and loyal customer base, while building awareness through multiple market channels,” said Eric Lockwood, CEO of O2C Brands. 

Razor USA, the leading innovator of scooters and wheeled goods, announced the introduction of the all-new Ground Force Rad Rod, a small-sized electric-powered go kart for younger riders (6+) and the latest product in Razor’s Ground Force line. The Rad Rod is the smallest addition to the line-up, joining the mid-size Ground Force and larger Ground Force Elite. Its peak performance, agile drifting ability and parental speed control switch make it a perfect introduction to powered play for kids. Razor had the family in mind when creating the Ground Force go-kart series with compelling and age-appropriate options for children, tweens and teens, and they are excited to add the Ground Force Rad Rod to the crew.