Sweet Suite 2016

Kids’ Media Consumption Up in Australia, Spending Power Rises to $1.8 Billion

CartoonNetworkNewGenerationsAccording to New Generations 2016Cartoon Network’s annual leading research study into children and parents, kids’ media consumption in Australia has increased over the past year, with their total spending power rising to $1.8 billion annually. [Read more...]

Main Cast Assembled for The Lego Ninjago Movie

LegoNinjagoMovieThe main cast has been put together for The Lego Ninjago Movie, the newest animated feature in Warner Bros. PicturesLego franchise. Dave Franco, Justin Theroux, Fred Armisen, Abbi Jacobson, Olivia Munn, Kumail Nanjiani, Michael Peña, Zach Woods, and Jackie Chan. [Read more...]

Tech Deck Partners with Street League Skateboarding Foundation

Tech Deck LogoSpin Master Corp.’s Tech Deck brand is an official partner of the Street League Skateboarding Foundation (SLSF). The partnership will see the two companies create new fundraising opportunities to support SLSF efforts to build free, public skate plazas to create healthy communities. [Read more...]

David Gibson Wins 2016 North American Scrabble Championship

The North American Scrabble Players Association crowned David Gibson of South Carolina as the winner of the 2016 North American Scrabble Championship.

Gibson outscored 400 other Scrabble players, including previous champions Matthew Tunnicliffe and Joel Sherman, and holds the title for the second time, first winning in 1994. He won the championship trophy and $10,000.

Players proceeded through spelling ranks according to their records and points scored against opponents. Gibson defeated Dr. Ian Weinstein of Coral Springs, Florida by more than 26 points, leaving him with a final score of 397-371. The game-winning words were drearies, serrano, orcinolis, and spelter.

Jakks Pacific Engages Liolios to Expand Strategic Investor Relations Program

jakks_logo_new copyJakks Pacific Inc. engaged Liolios Group to lead an expanded strategic investor relations and financial communications program. [Read more...]

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...]