Sweet Suite 2016

CPSC To Exempt Certain Plastics From Phthalates for Toy Testing

As part of its mandate to reduce third-party testing costs for toy and children’s products manufacturers, the U.S. Consumer Product Safety Commission (CPSC) is set to vote this week on a Notice of Proposed Rulemaking exempting four plastics from phthalates testing, according to the Toy Industry Association (TIA). TIA has led advocacy on this issue, and says that this rulemaking will likely reduce test costs.

The proposed rule determines that polypropylene, polyethylene, high impact polystyrene, and acrylonitrile butadiene styrene (ABS) do not contain specified phthalates prohibited in children’s toys and child care articles. Based on this determination, companies would not be required to have these specific plastics tested for the banned phthalates at third-party laboratories, although they must continue to comply with the 0.1% limit for each of the six currently-restricted phthalates. [Read more...]

Hot Wheels Lead Designer Inducted Into Diecast Hall of Fame

mattel_logo_fullSteve Vandervate, Hot Wheels’ lead designer was inducted into the Diecast Hall of Fame at the ninth annual Diecast Hall of Fame ceremony in Las Vegas, Nev. Vandervate is recognized as one of the “Diecast Designers” for his work in graphic design on Hot Wheels premium and Red Line Club. [Read more...]

TIA Removes Gender Specific TOTY Categories, Adds New Categories and Judging Process

TOTY2017The Toy Industry Association (TIA) introduced several new categories for the 17th annual Toy of the Year (TOTY) Awards, including Action Figure of the Year, Collectible of the Year, Construction Toy of the Year, Doll of the Year, Rookie of the Year, and Vehicle of the Year. These categories are replacing gender specific categories, such as Boy Toy of the Year and Girl Toy of the Year. TIA also changed the judging process to help determine this year’s finalists. [Read more...]

Registration for WIT Empowerment Day is Now Open

Screen Shot 2016-08-08 at 3.09.00 PMEntrepreneurs, toy or game inventors, small manufacturers, consultants, and designers can now register for Women In Toys’ (WIT) Empowerment Day on September 26 from 11:30 a.m. to 6 p.m. at the Dallas Market Center.

Attendees will have a chance to meet one-on-one with and pitch products to Walmart buyers, Inventor Relations executives from Hasbro, Spin Master, Moose Toys, and Jazwares, and other toy industry experts. The day will also feature interactive information sessions, panel discussions, and networking.  [Read more...]

Toys Are No. 2 Global Licensed Retail Category, According to LIMA Survey

The International Licensing Industry Merchandisers’ Association’s (LIMA) Global Licensing Industry Survey is now available, which shows that the Toys category makes up $33.7 billion, or 13.4 percent share, of the global licensing market. Apparel leads all product categories with $37.9, which is 15.1 percent of total global licensed retail sales, and Fashion Accessories is third at $28.5 billion, or 11.3 percent share. [Read more...]

Spin Master Acquires Swimways Co., Establishes Outdoor Business Segment

Spin Master Corp LogoSpin Master today acquired Swimways Co. and formed an outdoor business segment. The acquisition makes Spin Master a player in the outdoor and sports toy category—currently one of the largest and fastest rowing categories in the U.S. toy industry, according to the NPD Group. Swimways will operate as a stand-alone subsidiary within the Spin Master group.  [Read more...]

Hillary Clinton Makes Campaign Stop at K’Nex Factory

Hillary on Stage

Democratic presidential nominee Hillary Clinton on stage with her campaign logo made out of K’Nex pieces in the background.

Democratic presidential nominee Hillary Clinton, her running mate U.S. Senator Tim Kaine from Virginia, and former President Bill Clinton made a campaign stop at the K’Nex factory in Hatfield, Penn. on Friday, July 29. [Read more...]

Bananagrams Signs North American Distribution Deal with Big Potato

BananagramsBIgPotatoBananagrams Inc. partnered with UK-based independent games company Big Potato to bring several new party games to the U.S. The games—Bucket of Doom, Obama Llama, Mr Lister’s Quiz Shootout, and Scrawl will be available in Target stores and online this month.   [Read more...]

TIF, National CASA, Local Chicago Toy Companies Team Up For Play Your Part Event

e1526791-5bf9-4c7f-afbf-f477ce13729cMore than 400 Chicago area kids living in foster care received brand-new toys and an afternoon of play at a Play Your Part—Chicago event, hosted by the Toy Industry Foundation (TIF), National Court Appointed Special Advocate Association (National CASA), and CASA of Cool County. Toy industry volunteers, donors, and sponsors from more than 25 local toy companies were at the event on Wednesday, July 27 at U.S. Cellular Field. [Read more...]

TIA Publishes Annual Report

TIA LogoThe Toy Industry Association (TIA)’s 2015 Annual Report is now available online. Highlights include advocating for the Toxic Substances Control Act, which President Obama recently signed into law; donating toys to 1.1 million children in need through the Toy Industry Foundation; a record-breaking membership base of 987 companies; and leading town hall meetings across the U.S. for members. [Read more...]