Intelex Group Hires Scott Wehrs to Run North American Division

Scott Wehrs PhotoIntelex Group has appointed Scott Wehrs as president of its North American division, Intelex USA LLC. He is the former president and COO of Ty Inc., and during his 11-year tenure, he directed and managed the company during the explosion in popularity for Beanie Baby.

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Jakks Pacific Reports Second Quarter Results

Jakks Pacific LogoOn Tuesday, Jakks Pacific Inc. reported its second quarter financial results. For the quarter ended June 30, the company reported net sales of $131.1 million, compared to $124.2 million reported in the comparable period last year.

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Hasbro Reports Second Quarter Financial Results

Hasbro-logo-jpgOn Monday, Hasbro Inc. reported financial results for the second quarter. Net revenues for the second quarter decreased 4 percent to $797.7 million versus $829.3 million last year. Excluding a negative $71.5 million impact from foreign exchange, net revenues increased 5 percent.

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My Little Pony Brand Celebrates International Day of Friendship with Global Campaign

Hasbro Inc.’s My Little Pony brand will be part of a new campaign intended to teach children about helping others and the power of friendship. GenerationOn, the youth division of Points of Light, has partnered with Hasbro to encourage kids to volunteer in their school, neighborhood, or broader community.

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Mattel Reports Second Quarter Financial Results

logo_Mattel logoFor the second quarter, Mattel Inc. reported flat worldwide net sales in constant currency, and worldwide net sales down 7 percent, reflecting the impact from changes in currency exchange rates.

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Disney Interactive Brings Disney Infinity 3.0 Edition to D23 Expo

At D23 Expo 2015 next month, Disney Interactive will showcase more Star Wars characters and play sets for Disney Infinity 3.0 Edition. Guests will have the chance to play Star Wars Twilight of the Republic, Star Wars Rise Against the Empire, and Disney•Pixar’s Inside Out, as well as the fully enhanced Toy Box mode.

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Hasbro and Cartamundi Sign Letter of Intent for East Longmeadow and Ireland Manufacturing Facilities

Hasbro logoHasbro Inc. and Cartamundi Group have signed a letter of intent to sell Hasbro’s manufacturing locations in East Longmeadow, Mass., and Waterford, Ireland to the Cartamundi Group. Cartamundi is a worldwide leader in the production and sales of playing cards and cards for games. Under the terms of the agreement, Cartamundi will continue to employ all regular manufacturing and distribution employees located in East Longmeadow and Waterford on comparable terms.

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SKC Launches Program to Educate Public about Danger of Purchasing and Accepting Recalled Products

In an effort to keep children and babies away from the danger of recalled items, Safe Kids California (SKC) has launched a program to educate the public about the danger of unknowingly purchasing or accepting products that have been recalled.

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Toy Industry Financial and Operating Benchmark Study Results Now Available

TIAThe Toy Industry Association (TIA) has made available the final results of the 2015 Toy Industry Financial and Operating Benchmark Survey. This confidential survey, conducted by Industry Insights, collected financial and operations data this past spring from 63 TIA member companies in the U.S. and Canada, all involved in the manufacturing, importing, and distribution of toys.

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The Strong Now Accepting Nominations for Induction into National Toy Hall of Fame

Toy enthusiasts are invited to nominate their favorite classic toy or game for induction into The Strong museum’s National Toy Hall of Fame. Submissions are being accepted through July 31.

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