The Toy Industry Foundation (TIF) and the National Court Appointed Special Advocate (CASA) Association, as well as CASA of Cook County, hosted nearly 500 Chicago-area foster children at Play Your Part–Chicago on July 16 at U.S. Cellular Field. TIF provided more than 3,700 playthings valued at more than $50,000 to foster children served by CASA of Cook County. Kids ages 3 through teens will be gifted with additional new toys to help celebrate birthdays, holidays, and special occasions.
TIA Calls for Further Third-Party Testing Reduction, Following CPSC Exemption for Unfinished Trunk Wood
As reported by the Toy Industry Association (TIA), the U.S. Consumer Product Safety Commission (CPSC) has issued a direct final rule exempting unfinished and untreated trunk wood from third party testing for the eight heavy metals listed in the ASTM F963-11 toy safety standard. The rule is slated to come into effect on September 15.
The Uglydoll brand has secured a retail promotion partnership with KFC China through its Asia licensing agent Global Pursuit, which will see Uglydoll premiums distributed with kid’s meals at more than 4,000 KFC restaurant locations throughout mainland China. The KFC Uglydoll promotion is set to run through this month.
Prosafe, a not-for-profit professional organization for market surveillance authorities and officers throughout Europe, has launched a two-year joint action in which it will partner with 35 market surveillance authorities from 27 European Union (EU) member states and European Free Trade Agreement countries. The action is intended to target non-compliant products in five categories, which include noisy toys.
Today, Spin Master Corp. entered into an underwriting agreement for its initial public offering of 12,225,000 subordinate voting shares at a price of C$18.00 per subordinate voting share for aggregate gross proceeds of C$220,050,000. Spin Master filed a supplemented post-receipt pricing prospectus dated July 22, 2015, in respect of the offering with the securities regulatory authorities in each of the provinces of Canada.