According to the National Retail Federation’s annual survey conducted by Prosper Insights & Analytics, the average family with children in grades K-12 has completed almost half (48 percent) of their shopping as of early August, slightly down from last year (50 percent). [Read more...]
With increases in consumer spending expected to remain solid during the remainder of the year, the National Retail Federation (NRF) says retail sales for 2016 are now expected to grow 3.4 percent over last year, rather than the 3.1 percent forecasted earlier. Online and other non-store sales, which are included in the overall figure, are expected to increase 7 to 10 percent year-over-year rather than the 6 to 9 percent forecast earlier. [Read more...]
To commemorate this year’s International Day of Friendship on July 30, the My Little Pony franchise is launching a global movement to empower consumers to celebrate friendship through random acts, encouraging others to “friend it forward.”
The My Little Pony brand will kick off the celebration with fans at Comic-Con International in San Diego on July 21 by inviting those in attendance to make an official “friend it forward” pledge at the Hasbro booth. Hasbro will also distribute My Little Pony tokens of friendship to reward kind acts throughout the convention. [Read more...]
Scholastic will launch a publishing program based on the American Girl brand. The multi-year agreement includes the right to publish books in print and digital formats in 2017, and the deal marks the first time that American Girl has licensed the rights to publish books based on its characters. The books will be published and distributed in the U.S., Canada, New Zealand, the UK, Australia, and Asia. [Read more...]
Women in Toys, Licensing, and Entertainment (WIT) amplified its board of directors with new members, and added new advisory board members and chapter chairs due to the organization’s growth.
New appointments from top industry companies will bring their expertise and contributions to WIT’s board of directors as WIT continues to expand. They include: [Read more...]
Richmond Management Group signed licensing partners for Tiniez to launch Fall 2017. Tiniez is an aspirational lifestyle brand that empowers girls around the world to be themselves, make their mark, and follow their dreams. There are more than 100 characters, each with her own aspiration and backstory. [Read more...]
The Angry Birds Movie is celebrating the success of its grossed $300 million at the worldwide box office with the release of a new short, “The Early Hatchling Gets The Worm,” debuting in select theaters this weekend. The short focuses on an unlikely friendship that forms between a Hatchling and a worm she adopts.
Four Hatchling shorts have been released thus far as part of the film’s marketing campaign, which has garnered a total of 40 million views and counting.
A trailer for the upcoming short can be found on the official The Angry Birds Movie Facebook page.
The Toy Industry Foundation (TIF) partnered with Boys & Girls Clubs of America’s (BGCA) Military Services to host a special toy giveaway for children of military families at Venture County Naval Base on June 10th. More than 1,000 kids and teens enjoyed a fun-filled day that included music and basketball games. Children were able to pick from a selection of brand-new toys and games, including stuffed animals, action figures, arts and crafts kits, puzzles, and more. The playthings were donated to TIF’s Toy Bank by generous toy manufacturers, distributors, and retailers from across the nation. [Read more...]