China Toy Fair


Ted Kiesewetter to Receive ASTRA’s Top Honor

ASTRAlogoToy industry legend Ted Kiesewetter will be honored at the American Specialty Toy Retailing Association’s (ASTRA) Marketplace & Academy with ASTRA’s coveted Lifetime Achievement Award. A veteran of nearly forty years in the toy industry, Kiesewetter founded International Playthings Inc. (IPI), now a division of Epoch Company Ltd.

He also supported the industry through his co-founding of Playing for Keeps, which promoted healthy play with products that focus on the features of the child’s play rather than the features of the toy. Kiesewetter was an early and consistent supporter of ASTRA and its efforts to promote collaboration and cooperation among manufacturers, retailers, and sales representatives.

ASTRA will present Kiesewetter with the award at its annual awards breakfast and business meeting, which will be held June 9 from 8 a.m. to 9:30 a.m. PT at the Phoenix Convention Center in Phoenix.

ASTRA Convention to Host Special Session on Succession

ASTRAlogoThe American Specialty Toy Retailing Association (ASTRA) is featuring a special session at its annual ASTRA’s Marketplace & Academy that will focus on helping specialty toy retailers build succession plans for their businesses. The key takeaways will include: critical factors in determining the value of an independent toy store; how to get stores ready for a sale or transfer of ownership; and establishing a timeline for an independent retailer to make a smooth exit.

Lynn Switanowski of the Creative Business Consulting Group will lead this session. ASTRA’s Marketplace & Academy will be held on June 8 to 11 in Phoenix, Ariz.  Following the convention, the succession topic will be continued in member-only discussion groups on ASTRA’s website.