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TIA Announces Toy of the Year 2017 Winners

The Toy Industry Association (TIA) announced the 2017 Toy of the Year award winners at the 17th annual Toy of the Year Awards and Toy Industry Hall of Fame induction ceremony, hosted at The Intrepid Sea, Air & Space Museum in New York City. Read more…

WIT Announces Winners at Annual Wonder Women Awards Gala

The 13th annual Women in Toys, Licensing, and Entertainment (WIT) Gala hosted more than 600 industry executives and honored leaders in the toy industry. Read more…

Toys "R" Us Lays Off 250 Employees at HQ

Toys "R" Us laid off approximately 250 employees at its Wayne, N.J. headquarters on Friday, Feb. 17—the day before the New York International Toy Fair, according to The Wall Street Journal. The layoffs account for approximately 10 to 15 percent of its corporate employees.
 
"We, like many other retailers, must continually look for opportunities to work more efficiently and effectively, particularly as customer shopping patterns are evolving. The recent changes are not just about cost-containment—our growth plans require us to have the right structure, talent, and determination to transform our business and achieve the financial objectives we’ve set for the company," Toys "R" Us spokeswoman Amy von Walter said in a statement to the media outlet.

TIA Names 2017 Toy Trends

The Toy Industry Association (TIA) named collectibles, active toys, robotics, and more as top toy trends of 2017 at the 114th North American International Toy Fair. The session, held on Feb. 19, 2017, was moderated by Ken Seiter, TIA VP of marketing communications with commentary provided by Adrienne Appell, Isabel Carrión-López and Kristin Morency Goldman. Read more…

Toys "R" Us Becomes Exclusive In-Store Retail Launch Partner for Lightseekers

TOMY International, the master toy licensee for Lightseekers, announced that Toys "R" Us will be the first brick-and-mortar retailer to bring Lightseekers smart figures, trading cards, accessories, and more to its stores nationwide beginning July 1. Pre-sale for the assortment will begin online at toysrus.com starting on April 17. Read more…

Tech 4 Kids, The Bridge Merge

This year, The Bridge Direct and Tech 4 Kids will merge into a new company focused on classic play. The new company will have an entirely new name (yet to be determined), and will be managed in North America and Hong Kong by an experienced team made up of executives from both companies. Read more…

Jazwares, Hasbro Partner for New Collection of Nerf Products

Jazwares partnered with Nerf, in collaboration with Hasbro, to introduce a Nerf toy and accessory line that includes targets, tactical gear, storage, and more.
 
Jazwares will offer a variety of products to enhance the Nerf lifestyle and blaster play. In addition, Jazwares will also extend the Nerf Sports segment with indoor and outdoor sports and games. The Jazwares Nerf Collection will be available at major retailers this fall in North America, Europe, the Middle East, and Africa (EMEA).

Spin Master Receives U.S., Chinese Patents Covering Hatchimals Technology

Spin Master Corp. was granted a U.S. Patent and a Chinese Utility Model Patent on the innovation behind Hatchimals. The patents generally cover the Hatchimals character emerging from its shell.
 
Spin Master has patent applications for the Hatchimals technology pending in the European Patent Office, Canada, and other major territories, including additional applications in the U.S. Read more…

Pillow Pets Introduces First-Ever Toy Ambassador

CJ Products Inc., the manufacturers of Pillow Pets plush stuffed animals, introduced its Pillow Pets Toy Ambassador program, a new initiative with its long-time charity partner, Family Reach. Rachel, an adorable 6 year old battling a brain tumor, was appointed the first-ever Pillow Pets Toy Ambassador on Feb. 18 at the North American International Toy Fair. Read more…

Folkmanis Debuts Classic Disney Puppets

Folkmanis Puppets debuted its new Disney puppet collection at the North American International Toy Fair. The line includes a 22-inch tall Mickey Mouse, Minnie Mouse, and Donald Duck, and a 22-inch long Pluto.

Cra-Z-Art Enters Licensing Deal for BeatMoovz

Cra-Z-Art entered a strategic licensing agreement with Japan-based Dmet Properties to market and distribute BeatMoovz in the U.S. Read more…

USAopoly Launches Collectibles Division

USAopoly Inc. formed a new designer collectibles division, Project Raygun.
 
The new initiative from the game company pairs classic and contemporary brands with artists, resulting in an array of collectibles and games aimed to excite collectors and pop culture fans alike. Read more…

Hasbro Named Global Master Toy Licensee for Moon and Me Preschool Series

Hasbro Inc. was named global master toy licensee for Moon and Me by Sutikki, the new kids and family division of Bento Box Entertainment. The line of toys will based on the new preschool series, Moon and Me from Andrew Davenport’s Foundling Bird. Read more…

Lego Debuts DC Super Hero Girls Line at Toy Fair

Lego Systems Inc. introduced its collection of building sets inspired by the DC Super Hero Girls series at the North American International Toy Fair. In addition to the three building sets that launched in November, Lego introduced three mission-based building sets that are now available, with four more that will launch this August. Read more…

Breyer to Introduce DreamWorks Spirit Riding Free Toy Line This Summer

Breyer Animal Creations was named specialty toy licensee for the new DreamWorks Animation Television series DreamWorks Spirit Riding Free. Breyer debuted the new line at the North American International Toy Fair this week. Read more…

RNA Unveils Guiness World Record Setting Puzzle and More at Toy Fair

Ravensburger North America (RNA), a division of Ravensburger AG, debuted a new lineup of Disney puzzles and games at the North American International Toy Fair this week—including the largest commercial jigsaw puzzle in the world, Disney Memorable Moments. Read more…

Jakks Pacific Reports Q4 Financial Results

Jakks Pacific reported financial results for the fourth quarter 2016, which ended Dec. 31, 2016.
 
Net sales for the fourth quarter were $167.0 million compared to $163.4 million in the fourth quarter 2015, ahead of the company's latest guidance. As disclosed in mid-December, a number of key licensed products were performing well below prior expectations for the quarter, more than offsetting the strength of some core product lines. Read more…

TIA Re-Elects Four Board Members

At its Annual General Meeting, the Toy Industry Association (TIA) TIA members re-elected four directors to the Board, each for two-year terms of office expiring in 2019. Read more…

February 23, 2017
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