NRF Survey Says Retail Shrink Increased to $48.9 Billion in 2016

NRFThefts from retailers and other inventory “shrink” grew to $48.9 billion in 2016 from $45.2 billion the year before even as budget constraints left retail security budgets flat or declining, according to the annual National Retail Security Survey released today by the National Retail Federation and the University of Florida. The thefts amounted to 1.44 percent of sales, up from 1.38 percent. [Read more...]

WIT Hosts Summertime Referral Contest

WITLogoWomen in Toys, Licensing, and Entertainment (WIT) is hosting a referral contest from June through September. The chapter with the highest percentage of new members brought in through referrals will win $100 to be used toward any event and a Project Genius brainteaser bundle valued at $500 for the winning chapter’s local charity or school of choice. Plus, referring a member will receive $25 off their next WIT membership renewal.

To participate, have a friend fill out an application here and make sure the “Who Referred You?” box is filled out.

Online Registration For Kids Turkey Opens on June 28

Spielwarenmesse Middle East Fuarcılık Ltd. Şti., a subsidiary of Spielwarenmesse eG, is inviting toy experts to Kids Turkey taking place from October 26 to 29. The Turkish trade show brings together representatives of the toy industry from Turkey and other countries in the Near and Middle East. The World of Toys by Spielwarenmesse eG will give international exhibitors support in breaking into the market successfully. Trade buyers can submit their online registration in advance of the event to secure access to the fair.  [Read more...]

Lego Dimensions Reveals New Teen Titans Go! Trailer

WBIETeenTitansGOWarner Bros. Interactive Entertainment released a new trailer providing a look at the DC Super Heroes along with a glimpse of the new Teen Titans Go! Adventure World and Battle Arena.

The Teen Titans Go! Fun Pack and Team Pack is set to release on September 12 as part of the LEGO Dimensions Wave 9 launch, alongside the Powerpuff Girls Team Pack and Fun Pack and the Beetlejuice Fun Pack. The Teen Titans Go! packs access an exclusive in-game episode that can only be found in LEGO Dimensions.

Jakks Retires $12.0 Million of Company’s 2018 Convertible Senior Notes

Jakks Pacific Resized LogoJakks Pacific Inc. agreed with holders of its Convertible Senior Notes due in 2018 to redeem $12.0 million face amount of such notes for approximately $11.4 million in cash and 112,400 shares of its common stock. After such redemption the balance of the face amount of the 2018 Notes will have been reduced to approximately $42.7 million from approximately $54.7 million.

NPD Reports May 2017 Video Game Sales

npd-group copyTotal industry spending for video game hardware, software, and accessories from Apr. 30 to May 3, 2017 declined 11 percent to $542 million compared to last year, according to analysis from The NPD Group. [Read more...]

Zuru Launches #FreeYourFidget Campaign

ZURU_Fidget CubeZuru is kicking off the launch of its fidget toys—including The Original Fidget Cube and the Zuru Spiner—at retailers worldwide with a #FreeTheFidget campaign. The fully integrated global marketing campaign spans TV, digital, and PR, and encourages everyone of all ages to freely fidget. [Read more...]

3Doodler Launches Kickstarter Campaign

3doodler_startrek3Doodler launched a Kickstarter ‘Gold’ campaign for limited-edition Star Trek Crew Edition pen sets inspired by Star Trek: The Original Series and Star Trek: The Next Generation. All Crew Edition pen sets come with a limited edition 3Doodler Create 3D pen, numbered engravings, an additional pack of plastic, Star Trek Project Stencils, and a 3Doodler Star Trek Leather Pouch. [Read more...]

NPD Study Shows Toys and Technology Drive Licensed Sales for Kids in the U.S.

npd_statsAccording to the U.S. Kids License Report from The NPD Group, video games, electronics, and apps make up a combined 22 percent of kids’ licensed product dollar sales in the U.S.

This is on par with the volume represented by toys, which is the number one licensed industry at most retailers. [Read more...]

Ken Joins Barbie Fashionistas Line with 15 New Dolls

2017Ken_Photogroup

Today, Mattel is expanding its line of Fashionistas dolls with 15 new and diverse Ken dolls, featuring three body types—slim, broad, and original—and a variety of skin tones, eye colors, hairstyles, and fashion looks.

Last year, the Barbie Fashionista line expanded with three new Barbie body types—tall, curvy, and petite—along with new skin tones, eye colors, hairstyles, and on-trend fashions and accessories. [Read more...]