Wicked Cool Toys has entered into a strategic and worldwide licensing agreement with Original Appalachian Artworks Inc. to become the master toymaker for Cabbage Patch Kids. Created by Xavier Roberts and initially released in 1978, the brand has generated more than $6 billion dollars in revenue to date. [Read more...]
Aurora World Inc. will celebrate Raggedy Ann’s 100th birthday with the release of special edition, 16-inch Raggedy Ann and Raggedy Andy rag dolls. These new Stars and Stripes dolls each feature a red, white, and blue theme; exclusive 100th year embroidery; and commemorative hangtags on every doll. [Read more...]
Following news that terminal vessel operations at west coast ports have been suspended, the National Retail Federation (NRF) called on the White House to intervene.
“The slowdowns need to end,” says NRF Vice President for Supply Chain Jonathan Gold. “It’s time for the White House to immediately engage in this critically important economic priority and force the two sides to remain at the negotiating table until a deal is done.”
Import cargo volume at the nation’s major retail container ports were expected to rise 10.1 percent this month over the same period last year, even as west coast ports came closer to a possible shutdown, according to the monthly Global Port Tracker released by the NRF and Hackett Associates.
Despite nine months of ongoing talks, the lack of a contract between the Pacific Maritime Association and the International Longshore and Warehouse Union, as well as other operational issues, has led to crisis-level congestion at the ports.
To celebrate the launch of Shopkins Season Three, Moose Toys will reveal a character made entirely out of crystal, Gemma Stone, at the upcoming North American International Toy Fair. Following its appearance, the crystal Shopkin will be auctioned off online later this year, with proceeds benefiting the Toy Industry Foundation. [Read more...]
Tech 4 Kids has partnered with Irwin Toy on the first kid-friendly 3D Creation Maker, which will appear in prototype form at North American International Toy Fair. Using an applicator with a unique gel, children trace a design onto a template that is inserted into the 3D Creation Maker. After 10 seconds, the gel turns into a solid, allowing kids to build multi-dimensional structures. Unlike other 3-D design systems, the patent pending process is done safely with light and not heat. The gel is available in multiple colors, including a special glow-in-the-dark formula, and the 3D Creation Maker comes with a variety of pre-designed templates.
Hasbro Inc. is collaborating with Disney Consumer Products on an array of dolls and accessories inspired by the upcoming movie, Descendants, which is premiering on Disney Channel this summer. Disney’s Descendants is a contemporary live-action adventure comedy that introduces the teenage progeny of Disney’s legacy characters—most notably its evil villains. [Read more...]
The global toy industry will gather at the 112th North American International Toy Fair this weekend for a sneak peek at this year’s new creative and skill-building toys and games. An exclusive event for trade guests and media hosted by the Toy Industry Association, Toy Fair will open its doors on February 14 for a four-day run. [Read more...]
Kerry Cunnion has been promoted to senior vice president, sales and North American toy, for Tomy International. In this new role, he will oversee design, product development, and product marketing in addition to continuing his role leading Tomy International’s North American sales force.
Cunnion joined the company in 2009 as vice president of sales for the Mother, Infant and Toddler business unit, and brings three decades of consumer product sales experience. In 2011, he assumed responsibility for the integrated sales organization.