NRF Predicts Imports to Rise as West Coast Ports Work on Backlog

nrfAccording to the monthly Global Port Tracker report released today by the National Retail Federation (NRF) and Hackett Associates, import cargo volume at the nation’s major retail container ports is expected to rise an unusually high 16.9 percent this month over the same time last year as West Coast ports begin to dig out from a backlog of cargo, which built up during the just-concluded contract negotiations with dockworkers.
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ToyBacker Launches First-Ever Crowdfunding Site Dedicated to the Toy Industry

ToyBacker.com LOGOToyBacker has launched toybacker.com, the first crowd-funding site dedicated solely to the toy industry. The site will serve as a hub for creative toy innovators of all types to share their ideas, gather funding, and bring their products to fruition with the financial support of the consumer. [Read more...]

Hasbro Named as a 2015 World’s Most Ethical Company

Hasbro logoThe Ethisphere Institute has recognized Hasbro Inc. as a 2015 World’s Most Ethical Company, a designation for organizations that have had a material impact on the way business is conducted by fostering a culture of ethics and transparency at every level. Hasbro has been designated among the World’s Most Ethical Companies since 2012. [Read more...]

Tris Barbie Re-Enacts Iconic Scene from The Divergent Series: Insurgent

Insurgent,BarbieTimed to the release of The Divergent Series: Insurgent, the sequel to the 2014 film Divergent, images of the new Tris Barbie doll are available now on thebarbiecollection.com and amazon.com.

In this photo, the Tris Barbie doll reenacts an iconic scene from the new movie in theaters nationwide March 20.

New York Lawmakers Try Again to Pass Toxic Toy Bill

On Monday, Republican Senator Phil Boyle and Democratic Assemblyman Steve Englebright of New York said they would reintroduce legislation intended to ban the use of toxic chemicals in children’s toys. The measure, which failed to pass the state Senate last year, would require manufacturers to phase out the use of benzene, mercury, cadmium, and cobalt. [Read more...]

Stephen J. Pasierb Named President and CEO of TIA

StevePasierbHeadshotStephen J. Pasierb will join the Toy Industry Association (TIA) at the end of April as president and CEO. In this role, he will be responsible for leading the growth, development, and oversight of the TIA, and will succeed current president and CEO Carter Keithley, who will retire at the end of April.

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Tonka Electric Ride-On Makes Runway Premiere During Kids Fashion Week

TONKA on RunwayDynacraft’s soon-to-be-released, battery-operated children’s ride-on, the Tonka Mighty Dump, made a special pre-release appearance on February 28 at petitePARADE’s Kids Fashion Week, which was located at Bath House Studios in New York City. [Read more...]

World Tech, Bulls I Toy, and Rubies Costumes Join Sonic Merchandising Program

SonicBoomThe Sonic Boom portfolio is expanding to include more promotional partners this year, including World Tech Toys, Bulls I Toy, and Rubies Costumes. [Read more...]

Winona Capital Invests in Fat Brain Toys

Private equity firm Winona Capital has made a strategic investment in manufacturer and retailer Fat Brain Toys. The new partnership will enable the 12-year-old Fat Brain Toys to serve a much larger audience.

Fat Brain’s headquarters and distribution center will continue to operate from the Omaha, Neb. area. Co-founders Mark and Karen Carson and CFO Dean Giesselmann will also continue in their current leadership roles, as will the rest of the company’s employees.

Fat Brain Toys operates one of the largest online toy stores, as well as two physical storefronts, and wholesales its proprietary products to more than 2,000 retailers domestically and around the world. Sonenshine Partners served as investment banking adviser to Fat Brain Toys.

The Strong and Spin Master Partner on Museum Exhibit

spin masterThe Strong and Spin Master are collaborating on a collection of archival materials related to the history of Spin Master. The Strong will be the sole repository for Spin Master’s collections, including toys and other artifacts of play produced by the company over time. The two organizations will also explore creating interactive exhibit experiences based around one or more of Spin Master’s products or brands. [Read more...]