Author: Maddie Michalik

Spin Master Reports Q4 and Full Year 2017 Financial Results

Spin Master Corp. reported financial results for the fourth quarter ended Dec. 31, 2017. Highlights for Q4 include revenue of $440.9 million, an increase of 30.3 percent from $338.4 million compared to the same period last year. Gross Product Sales increased 28.6 percent to $483.9 million, compared to $376.2 million, driven by sales of Hatchimals, Luvabella, and Cardinal games, which more than offset declines in Air Hogs and Zoomer. Gross profit increased 33.1 percent to $228.9 million, representing 51.9 percent of revenue, compared with $172.0 million, or 50.8 percent of revenue. Net income was $20.0 million, compared with $2.7...

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Product Groups to be Restructured at Spielwarenmesse 2019

Coinciding with its 70th anniversary, product groups will be restructured or reconceptualized at Spielwarenmesse next year, taking place from January 30 to February 3, 2019. The Electronic Toys product group will celebrate its debut, and changes will happen with existing product groups, including Festive Articles, Carnival, Fireworks, and Model Railways and Model Construction. Initial talks with exhibitors took place at the last event. The biggest move is that Model Railways (until now in Hall 4A) and Model Construction (until now Hall 7A) will merge in Hall 7A. At the same time, the profile of the Model Construction segment will be...

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Moose Introduces Tiny Hands Party Game

The Original Tiny Hands Challenge Game, from Moose Games, an extension of Moose Toys, is available now at Target stores nationwide. The game is the first party game inspired by the tiny hands pop culture trend. The Original Tiny Hands Challenge Game is a team versus team party game, where players ages eight and up must compete in physical stunts using the included tiny hands instead of their own hands. Players first pick a card with actions such as catching a ball, turning over a playing card, and serving someone a drink. Then the player must make a wager and complete...

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The Genius of Play, Scholastic Inc. Partner for Educational Program

The Genius of Play collaborated with Scholastic for an educational program, which aims to help parents and elementary school teachers nationwide learn about the valuable skills and benefits of play. Parents and educators can access resources, activities, and more here. The Genius of Play suggest that children have a balance of indoor and outdoor play, quiet and active play, traditional and digital play, and activities done alone and in a group. The organization’s joint collaboration with Scholastic will offer parents and educators a digital destination featuring printable activities for school and home, as well as resources, ideas, research, and...

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Mattel Honors Global Role Models for International Women’s Day With 17 Barbie Dolls

Mattel released 17 new Barbie dolls honoring historical and modern-day role models from around the world, ahead of International Women’s Day on March 8. With 81 percent of moms globally worried about the type of role models their daughters are exposed to, according an OnePoll survey of 8,000 moms commissioned by Mattel, Barbie is reinforcing the importance of positive role models. Barbie’s Shero program expands with 14 modern-day role models, honoring women who have have broken boundaries in their fields. Through the program, which started in 2015, Sheroes are given the Barbie brand’s highest honor, a one-of-a-kind doll made in their...

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