Warren Buffett’s Secret Millionaires Club Grow Your Own Business Challenge Announces Grand Prize Winners

GeniusBrandsInternationalLogoGenius Brands International, the creators of Warren Buffett’s Secret Millionaire’s Club, announced the winners of the 4th annual Warren Buffett’s Secret Millionaires Club Grow Your Own Business Challenge, sponsored by the Fairholme Foundation. The Individual Winner is Miroslav Bergam, 14, of Short Hills, N.J., and the group winner is Team Keep Track Sticky Back, consisting of Emily Harkins, 12, and Bryn Hansen, 11, of Omaha, Neb.

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Toy State Recognized for Licensing Excellence by Caterpillar

ToyStateLogoToy State has been awarded platinum status by the Caterpillar Trademark Licensing Licensee Excellence and Recognition Program for 2014. Toy State has been a Caterpiller licensee since 2002, and its products include the Lights & Sound, Preschool, and Diecast Cat-licensed lines of machines.

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American Girl Unveils Truly Me Doll Line

AmericanGirlTrulyMeAmerican Girl has re-branded its line of contemporary 18-inch dolls and accessories, clothing, and exclusive play-based content as Truly Me. Formerly known as My American Girl, Truly Me lets kids create a one-of-a-kind doll through a variety of personalized options, including 40 different combinations of eye color, hair color and style, and skin color, as well as an array of outfits and accessories.

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TIA Launches My TIA, a New Members-Only Online Resource Center

TIAThe Toy Industry Association (TIA) recently unveiled My TIA, a new web portal that makes it easier for members to manage their TIA profiles and unlock member benefits.

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WTHRA Revises Its Dates for ToyFest West 2016

ToyFest WestDuring the annual Western Toy and Hobby Representatives Association (WTHRA) membership meeting this past March, the results of a post-show survey pointed to overwhelming consensus from both exhibitors and buyers that attendees could complete their business at ToyFest West in three full days. As such, a half-day on day four was eligible for elimination.

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LEGO Dimensions Adds Iconic Characters from DC Comics, Back to the Future, and LEGO Ninjago

Lego Dimensions SupermanWarner Bros. Interactive Entertainment has unveiled details about upcoming properties coming to LEGO Dimensions, which merges physical Lego brick building with interactive console gameplay.

In addition to LEGO Batman, LEGO Gandalf, and Wyldstyle, the three minifigure heroes used to start the experience, LEGO Dimensions will allow gamers to customize their experience post-launch and throughout the first half of next year with additional packs from brands including: DC Comics Team Pack, featuring LEGO Joker and LEGO Harley Quinn minifigures; three additional DC Comics Fun Packs, featuring LEGO Superman, LEGO Aquaman, and LEGO Bane minifigures; the Back to the Future Fun Pack with LEGO Doc Brown minifigure; and two additional LEGO Ninjago Fun Packs with Sensei Wu and Lloyd minifigures.

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VTech Reports Full Year Annual Results

VTech-LogoIn its financial results for the year ended March 31, VTech Holdings Ltd. reported a decline in revenue and profit. Group revenue for the year ended March 31 declined by 1 percent to $1,879.8 million. The decrease was mainly due to lower revenue in North America, which offset higher revenue in Europe, Asia Pacific, and other regions.

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Coastal Student Scrabble Team Brings Home the W-I-N at North American School Scrabble Championship

School SCrabbleAfter two days of intense strategy and play, students Noah Kalus from New Paltz, N.Y., and Zach Ansell from Los Angeles defeated more than 55 teams to take home the coveted North American School Scrabble Championship trophy, the title, and the $10,000 grand prize at the 13th annual North American School Scrabble Championship. The tournament gathered the top Scrabble players from the U.S. and Canada in grades 4 through 8 at the Hasbro headquarters in Pawtucket, R.I.

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FAO Schwarz to Close Its Flagship New York City Store

faonewlogoAs reported by Reuters and other news outlets, FAO Schwarz, the oldest toy store in the U.S., is closing its iconic Fifth Ave. flagship store in Manhattan, citing rising rent prices. The store will shut its doors on July 15, exiting early from its lease.

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The Wiggles’ Rock & Roll Preschool Tour Kicks Off in September

WigglesComing off an Australian tour that boasted 145 sell-out shows, the children’s entertainment group, The Wiggles, will return to the U.S. this fall for their Rock & Roll Preschool tour. The Wiggles will be touring in support of their brand new CD and DVD, Rock & Roll Preschool, as well as a new season of their TV series, which airs on Hulu in the U.S. and on Treehouse in Canada.

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