Funrise Appoints King Cheng as CEO, Arnold Rubin to Become Chairman

Funrise Inc LogoAfter more than 27 years with the company, Arnold E. Rubin is stepping down as CEO of Funrise Inc. Rubin will become chairman, and will continue to serve on the board of Matrix Holdings Ltd., the parent company of Funrise. [Read more...]

TIA Calls on Grassroots Advocacy for New TSCA Law

TIAThe Toy Industry Association (TIA) is urging support for a new bill before the U.S. Senate, the Frank R. Lautenberg Chemical Safety for the 21st Century Act, which would modernize the Toxic Substances Control Act (TSCA) of 1976. The TSCA empowers the Environmental Protection Agency (EPA) to address chemical safety, require testing, and establish regulations on chemicals used in products sold in the U.S.
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Registration Opens for TIA’s Fifth Annual California Toy Day

TIAToy companies of all sizes will have a chance to meet with California legislators during the Toy Industry Association’s (TIA) fifth annual California Toy Day, taking place in Sacramento on April 14 to 15. The event will feature a series of meetings that connect toy manufacturers, importers, and distributors with the state’s policymakers.
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New York Lawmakers Try Again to Pass Toxic Toy Bill

On Monday, Republican Senator Phil Boyle and Democratic Assemblyman Steve Englebright of New York said they would reintroduce legislation intended to ban the use of toxic chemicals in children’s toys. The measure, which failed to pass the state Senate last year, would require manufacturers to phase out the use of benzene, mercury, cadmium, and cobalt. [Read more...]

Stephen J. Pasierb Named President and CEO of TIA

StevePasierbHeadshotStephen J. Pasierb will join the Toy Industry Association (TIA) at the end of April as president and CEO. In this role, he will be responsible for leading the growth, development, and oversight of the TIA, and will succeed current president and CEO Carter Keithley, who will retire at the end of April.

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CTA and TIA Share the Benefits of Using a Canadian Distributor

PrintThe Canadian Toy Association (CTA), an affiliate partner of the Toy Industry Association (TIA), recently asked its members to share the unique perks of partnering with a Canadian distributor. A survey of U.S. TIA members found that Canada is their No. 1 target market for toy, game, and youth entertainment product distribution.

The top four advantages, compiled by CTA, are as follows:

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PlayCon 2015 Speakers to Include UK Specialty Toy Store Founder

HyattGaineyInnovative business research and trends related to youth, play, and technology will be shared at the Toy Industry Association’s (TIA) upcoming educational and networking conference, PlayCon 2015, schedule to take place from April 29 to May 1 at the Hyatt Regency Resort & Spa at Gainey Ranch in Scottsdale, Ariz. Attendees who sign up by February 28 will receive PlayCon’s early bird registration rate. [Read more...]

TIA Launches 2015 Toy Industry Financial and Operating Benchmark Study

TIAThe Toy Industry Association (TIA) will again partner with Industry Insights Inc. to conduct a confidential Toy Industry Financial and Operating Benchmark Study, which will enable toy companies to see how their numbers compare to companies of similar size, category, and distribution channel. [Read more...]

Deal Reached to End Severe West Coast Port Backlog

Multiple sources report that the International Longshore and Warehouse Union (ILWU) and the Pacific Maritime Association (PMA) have reached a tentative agreement on a new five-year labor contract, ending several months of back-ups and delays at 29 West Coast ports.

The deal was reached with the assistance of U.S. Secretary of Labor Tom Perez and Federal Mediation and Conciliation Service Deputy Director Scot Beckenbaugh, following more than nine months of talks. As reported by Bloomberg News this past Friday, talks had broken down this month over a union demand that it be able to fire arbitrators in workplace grievances. The two sides had reached terms over salaries, benefits, the right of union members to maintain and repair truck chassis used to haul shipping containers, and health care. [Read more...]

North American International Toy Fair Still Largest Toy Show in Western Hemisphere

ToyFair15LogoLast week’s 112th North American International Toy Fair—the largest toy marketplace held in the Western Hemisphere—opened its doors to nearly 25,000 global play professionals. Owned and operated by the U.S. Toy Industry Association (TIA) in partnership with the Canadian Toy Association (CTA), Toy Fair 2015 grew in size and scope over the previous year, with a record-breaking 421,300 net square feet of exhibit space filled with 1,064 exhibitors, importers, distributors, and sales agents, and hundreds of thousands of brand-new toys and games. [Read more...]