Jakks Pacific Announces Strategic Reorganization
Jakks Pacific Inc. today announced a strategic reorganization that highlights the company’s growth initiatives. “We are strategically positioning our businesses for the future, creating a more effective, global framework to serve consumers worldwide, increase growth, and maximize shareholder value,” said Stephen Berman, chairman and chief executive officer at Jakks Pacific. “Jakks has been a top tier global toy manufacturer for over 20 years. We have exemplary design, marketing, operation, and sales teams and we have strong relationships with best-in-class licensors, retailers, and industry thought leaders. As the retail landscape and consumer behaviors continue to change, we are committed to...
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