Toy industry

NPD Says Global Toy Sales Increase 15% in H1 2021

Pokémon Mega Construx | Source: Mattel / The Pokémon Co. International Despite shipping issues and empty shelves in some places, the global toy industry is still on a roll with famous brands including Pokémon, Barbie, Star Wars, LOL Surprise! and Marvel Universe topped the charts. According to The NPD group, …

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Indian government prepares master plan to promote toy industry

Guruprasad Mohapatra, secretary of the Department for Promotion of Industry and Internal Trade, said that toys are a serious economic problem and that a very comprehensive master plan for toys has been prepared with various ministries and state governments involved. to promote the toy industry. Please follow NewsGram on Facebook …

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Launch of the STEAM accreditation program for the toy industry

The association of the toy and the Good game guide announced the launch of a new STEAM accreditation program for the toy industry that assesses and certifies STEAM (science, technology, engineering, arts and math) products for children. Any toy company or brand involved in the manufacture, design and marketing of …

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Toy industry grows 19% in first half

The U.S. toy industry grew nearly 20% in the first half of 2021, up $ 1.7 billion to $ 11 billion, according to The NPD group. The industry experienced a compound annual growth rate (CAGR) of 9% in dollars and average selling price from 2018 to 2021, but the unit …

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Global toy industry to 2025

Dublin, July 28, 2021 (GLOBE NEWSWIRE) – The “Global Toys Market Overview, 2020-25” report was added to ResearchAndMarkets.com offer. This report presents valuable insights on the global toys market for the period 2014 to 2019 and forecasts the market for 2025, with due consideration for the macroeconomic, demographic and social …

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Toy Industry Veterinarian Ashley Mady Joins IT’SUGAR as Vice President of Brand Development • The Toy Book

Ashley Mady | Source: IT’SUGAR / The Toy Book A familiar veteran of the toy and licensing industry has joined specialty retailer IT’SUGAR. Ashley Mady Joins Basic Fun Company! assume the newly created role of Vice President of Brand Development. Mady will lead the visual merchandising, private label, licensing, public …

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Prime Minister Narendra Modi’s appeal to the toy industry in India

Prime Minister Narendra Modi on Thursday explained how the government will focus on the “toy economy” by advising the country’s game and toy industry to play a major role in the sector globally by focusing on the toys and games sector. Today we also import around 80% of our toys. …

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Focus on the “toy economy”: Prime Minister Modi’s appeal to the Indian toy industry

Noting that India’s share of the $ 100 billion global toy market is only around $ 1.5 billion, Prime Minister Narendra Modi on Thursday stressed that the focus should be on “l ‘toy economy’ by advising the country’s game and toy industry to play an important role in this sector. …

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The toy industry switches to crypto

SYLMAR, California., June 24, 2021 / PRNewswire / – It’s a TIC Tac, doing it for the “Gram,” pay the simplest generation, and Beverly Hills Teddy Bear Company is taking action to enter the cryptocurrency galaxy with the rest of the world! From June 18, 2021, Beverly Hills Teddy Bear …

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Prime Minister’s appeal to the Indian toy industry

New Delhi: Noting that India’s share in the global $ 100 billion toy market is only around $ 1.5 billion, Prime Minister Narendra Modi on Thursday stressed that the focus should be on “toy economy“advising the country’s game and toy industry to play an important role in this sector. Focusing …

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Toy industry has the ability to bring growth to the most needy segment: PM Modi

Prime Minister Narendra Modi said Thursday that India’s toy industry has the potential to bring growth to the most needy segment of society. Calling it ‘Toyconomy’, Prime Minister Modi said the global toy market is around $100 billion and India holds just 1.5% of that market. “India imports almost 80% …

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License sustainability | Toy industry sustainability needs ‘relentless innovation’, says ZURU – ToyNews

Sustainability in the toy industry will not be achieved in a single gesture, but through “constant and progressive improvements”, as well as relentless innovation, is the message promoted by the international toy manufacturer, ZURU , ahead of the sustainability conference in licensing this week. . Speaking to ToyNews ahead of …

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How YouTube Unboxing Videos Helped Kids Take Over the Toy Industry

(Bloomberg) — About five years ago, MGA Entertainment was a middle-of-the-road toymaker struggling with relevance. And then one night, founder Isaac Larian stumbled upon a growing trend on YouTube generating millions of views: iPhone unboxing videos. “I was frankly shocked and flabbergasted,” Larian said on the latest episode of System …

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How YouTube Unboxing Videos Helped Kids Take Control of the Toy Industry

(Bloomberg) – About five years ago, MGA Entertainment was a mediocre toy maker struggling for its relevance. And then, one night, founder Isaac Larian stumbled across a growing YouTube fad generating millions of views: iPhone unboxing videos. “I was frankly shocked and stunned,” Larian said in the latest episode of …

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China’s toy industry e-commerce sales peak 16% • The Toy Book

A 2021 LEGO Lunar New Year set | Source: The LEGO Group The toy industry is booming in China, especially digitally. E-commerce sales in the first quarter of 2021 climbed 16% to $ 1.2 billion, according to The NPD group. The increase is largely due to the Chinese New Year …

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NPD Group Reports First Quarter 2021 Toy Industry E-Commerce Sales in China

January sales posted the strongest growth in the quarter thanks to toy purchases around the Chinese New Year holiday PORT WASHINGTON, NY, June 7, 2021 / PRNewswire-PRWeb / – Toy industry e-commerce sales in China increased by 16% for $ 1.2 billion (USD) in the first quarter (Q1) of 2021 …

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Matchbox joins LEGO and Hasbro in environmental initiatives within the toy industry

Many toy brands are striving to make their products more environmentally friendly. The latest to announce environmental initiatives is Matchbox, which is launching a series of miniature electric cars inspired by real vehicles. Matchbox, a former UK company, is now owned by Mattel, an American company that also produces Hot …

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How toy giants including Lego, Hasbro and Mattel are going green

Whether it’s using plant-based plastics, recycled materials, or collecting old items from consumers, the toy industry is striving to go green. In recent years, major brands in the industry – such as LEGO, Hasbro and Mattel – have launched various initiatives as part of a larger movement towards environmental responsibility. …

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How the giants of the toy industry are going green

Whether it’s using plant-based plastics, recycled materials, or collecting old items from consumers, the toy industry is striving to go green. In recent years, major brands in the industry – such as Lego, Hasbro and Mattel – have launched various initiatives as part of a larger movement towards environmental responsibility. …

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The boss | Tim Ives of Basic Fun: “The toy industry is heading in an exciting direction” – ToyNews

This quarter, ToyNews is catching up Tim ives, the new Managing Director for UK and Basic Fun’s ROI to find out what the role means to him, his best career moments and the fortuitous nature of Lincoln Logs launch in the UK Hi Tim, congratulations on the latest news and …

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The toy industry should start in 2021: 3 actions to watch

The outbreak of the COVID-19 pandemic in 2020 saw schools switch to online classes. In addition, parents were reluctant to take their children to the playgrounds because the risk of exposure to the virus was high. Therefore, with schools and playgrounds inaccessible to children, they needed another form of engagement …

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“Acche Din” for the Varanasi wooden toy industry is mentioned in Prime Minister Modi’s “Mann Ki Baat”

ANI | Update: 09 Apr 2021 10:04 AM STI Varanasi (Uttar Pradesh) [India], April 9 (ANI): Varanasi’s wooden toy industry experiences ‘Acche Din’ as sales increase after Prime Minister Narendra Modi mentioned the industry on his monthly radio show ‘Mann Ki Baat’ in September of last year.Varanasi, Prime Minister Modi’s …

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Return kick | Has the toy industry helped fuel an increase in the number of female skaters? – ToyNews

The increased engagement of the toy industry with the UK skateboarding scene is one of the many factors contributing to an increase in participation in the sport, especially among young girls who are starting out for the first time. According to Skateboard GB, the official body for skateboarding in the …

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Women soldiers finally get their due in the toy industry | New

While women have served in the military since its incarnation, female soldiers have been absent from the army of children’s imaginations. Until now. The little man of the Green Army, who faces the fighting in the courtyards, bedrooms and back seats, will finally be joined by the little woman of …

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Toy Industry 2021: The outlook for the global toy industry

Kids Brand Insights CEO Steve Reece details his outlook for the global toy industry this year. Despite the difficult times we are going through, the outlook for the global toy trade in 2021 is good. 2020 has been a terrible year for humanity in terms of disrupting our way of …

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How will 2021 unfold for the toy industry?

The toy industry saw significant growth in 2020 amid the COVID-19 pandemic as parents turned to toys to keep children engaged while they remained homebound. During this period, some categories such as building sets, board games, and digital games have grown in popularity, generating sales for their manufacturers. Looking ahead, …

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Government prepares master plan for the toy industry

New Delhi, March 1 (IANS): Guruprasad Mohapatra, secretary of the Department for Promotion of Industry and Internal Trade, said that toys are a serious economic problem and that a very comprehensive master plan for toys has been prepared with various ministries and state governments involved. to promote the toy industry. …

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Government examines the quality and competitiveness required by the toy industry: official

The government wants Indian toys to achieve both quality and competitiveness and is studying the kind of incentives required by the toy industry, a senior official said on Sunday. Guruprasad Mohapatra, secretary of the Department for Promotion of Industry and Internal Trade, said that toys are a serious economic problem …

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National action plan to boost the toy industry: PM

Prime Minister Narendra Modi said on Saturday that the government has prepared a “national toy action plan” which includes 15 ministries and departments to make the industry competitive and provide it with a global platform. The prime minister said that the country’s ancient toy culture reflects the practice of reuse …

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Toy industry mourns loss of WowWee’s Art Janis • The Toy Book

Art Janis | Source: WowWee Sad news this week as the toy industry mourns the loss of Art Janis, executive vice president of sales at WowWee. WowWee sent the following message as a reminder: Dear Artie, It has been an honor to have you in our lives. You were there …

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US toy industry hits record sales despite pandemic • The Toy Book

through Juli Lennett, Vice President, Industry Advisor, American Toys, The NPD Group Retail sales of the toy industry in the United States grew 16% in 2020, generating $ 25.1 billion, a year-over-year increase of $ 3.5 billion. The US toy industry surpassed $ 32.6 billion in annual sales for the …

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Delayed movie releases impact the toy industry

During the pandemic, toy companies weren’t able to capitalize as much on sales of new toys and merchandise related to major movie releases, like many movies. have been significantly delayed. We learn more this week about the overall picture of toy companies. Hasbro reported its quarterly results Monday, beat predictions …

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NPD Group Global and European Toy Industry Performance Award

The NPD Group announced the winners of this year’s Global and European Toy Industry Performance Awards. The awards were given to the manufacturers or licensees of Europe’s most popular toy properties by category, as well as the most successful toy property of the year, from the world’s leading toy maker, …

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A look at India’s toy industry as the National Toy Fair is set to start next month

Will teddy bears and toy guns give way to desi games as a new line of thinking invades the toy world? Industry poised for change as first-ever National Toy Show begins next month Parapadam, aadu puli aatam, solah seed, ashta chemma, pallankuji…. does this sound familiar to you? These are …

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Everything you need to know about the Indian toy industry

The Toycathon 2021 is about to be organized. Find out below about the different aspects of the Indian toy industry, its importance and the impact of Chinese toys in India Tulika tandon Created on: Jan 19, 2021 18:03 ISTModified on: 19 Jan 2021 19:13 IST Toycathon 2021 Toycathon 2021 is …

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2020 was also a crazy year for the toy industry

“Omnichannel,” the seamless mix of bricks and mortar with online shopping, has been a buzzword this year, Zahn said. Big box retailers “use their stores as distribution centers,” Zahn noted. A grandmother from Topeka, Kan., Can now order a doll that Sally’s dad can pick up at a Walmart or …

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‘COVID Guilt’ Prepares Toy Industry For Best Christmas For Years

Celebrating the holidays can be pretty mundane, but one booming area is toys. After a terrible year of distance schooling, canceled birthday parties and short vacations, parents and grandparents in so-called “COVID guilt” are spending a lot more on puzzles, crafts and games. And it’s been preparing the American industry …

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Amazon Launches ‘Made in India’ Toy Store Amid Government Pressure for Aatmanirbhar Bharat

In line with the government’s “Atmanirbhar Bharat” vision, Amazon India launched a toy store on Wednesday November 18th where sellers from 15 Indian states will showcase thousands of unique toys in categories such as traditional, handmade and educational toys. . The launch of the “made in India” toy store could …

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What happens next? Predictions for the future of the toy industry • The Toy Book

by Sean McGowan, Managing Director, Gateway Investor Relations Of all the comparisons I’ve read regarding what 2020 will be remembered for, the one I’ve found the most useful is 1918 + 1929 + 1968 = 2020. This year we have experienced a deadly pandemic, economic collapse and an explosion of …

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Toy Association unveils 2021 Toy Industry Hall of Fame • The Toy Book

Source: The Toy Association / The Toy Book Members of The association of the toy have chosen four new inductees for the Toy Industry Hall of Fame. “This year’s Hall of Fame inductees have left a lasting mark on the toy industry and on the hearts of countless millions of …

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American Girl Founder Pleasant Rowland Inducted into Toy Industry Hall of Fame | Economic news

American Girl founder Pleasant Rowland has been elected to the Toy Industry Hall of Fame as part of the class of 2021, the Toy Association announced Monday. Toy Industry Hall of Fame inductees are nominated and elected by members of the Toy Association “in recognition of their significant contributions to …

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Smart games, AI and robots can revive the toy industry

New toy makers can now deploy emerging technologies. They don’t have to worry about legacy investments, as most were importing from China and not manufacturing The subjectsGames | artificial intelligence | robots The focus on rejuvenating the domestic toy industry has sparked enthusiasm in a neglected sector. State governments and …

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Indian toy industry to take a hit after government ban on Chinese apps

Prime Minister Narendra Modi issued a Quality Control Order (QCO) for the toy manufacturing industry is certainly a step towards encouraging the national toy industry. In the 68th edition of his monthly radio show, Mann Ki Baat, the Prime Minister called on the toy industry in the country and urged …

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Toy Industry Focuses on Manufacturing, Seeks Land in West Bengal for Production Center | Calcutta News

KOLKATA: In an attempt to develop the indigenous manufacturing capacity of the toy industry in the state, the West Bengal Exim association requested land from the government for the establishment of a toy park. This has grown in importance as the industry relies heavily on imports and the main exporter …

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Repairing the business environment for a thriving local toy industry

the toy industry is to truly thrive, this can only happen when the plethora of rules that keep the industry on the ground are set, when infrastructure costs are lowered, and when an industry has more access to technology. formal credit.” width=”660″ height=”440″ srcset=”” sizes=”(max-width: 660px) 100vw, 660px”/>toy industry is …

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Indian toy industry cannot meet domestic demand, expectations | India News

NEW DELHI: Three-year-old Tejas celebrated his birthday on August 31, a day after Prime Minister Narendra Modi highlighted the Indian toy industry on his radio show Mann ki Baat. Modi stressed the need to increase local toy production and increase India’s share in the global toy market, which is set …

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Toy makers welcome PM’s “vocal for local” push; look for time to meet BIS, Retail News, ET Retail standards

NEW DELHI: Domestic toy makers on Tuesday welcomed Prime Minister Narendra Modi’s call to make the country a hub for toy manufacturing, but asked for more time to meet certification standards. Although the industry faces economic challenges, the All India Toys Federation (AITF) – which represents toy retailers, wholesalers and …

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Can India’s toy industry meet domestic demand and supply?

New Delhi: Prime Minister Narendra Modi in his Mann Ki Baat of August 30 stressed the need to increase local toy production and increase India’s share in the global toy market. Previously, he had asked Indian youth to innovate in the toy industry using modern technology. The Indian toy industry …

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BIS Certification Becomes Mandatory For Indian Toy Industry, Stakeholders Want More Time | India blossoms

New Delhi / IBNS: The Indian toy industry, through its umbrella body, All India Toys Federation (AITF), called on the Union government to reconsider the timetable for mandatory certification from the Bureau of Indian Standards (BIS), which comes into force from September 1, 2020. While the Federation and the industry …

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PM Modi fights for local toy industry, urges people to support desi apps

NEW DELHI: Prime Minister Narendra Modi on Sunday urged startups and entrepreneurs to develop “innovative toys and games, for India and India” to meet domestic demand and increase its share in the global toy trade , estimated at Rs 7 lakh crore. He also called on people to support locally …

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Toy industry wants government to extend BIS (Ld) certification deadline

Industry officials like Gambhir and R. Jeswant, CEO of Funskool (India) Ltd, said India may become a global hub for toy manufacturing, but it would take a little longer to achieve it. Jeswant told IANS that India’s ability to make toys for global majors has already been proven. Referring to …

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Toy industry wants government to extend BIS certification deadline

Chennai, Aug 31 (IANS): Led by Prime Minister Narendra Modi talking about their sector, Indian toy industry officials are calling on the government to give the government a bit more time to get Bureau of Indian Standards (BIS) certification. “For the first time in the past 70 years, the …

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Behavioral interventions for an Atmanirbhar toy industry

The growth of the Indian toy industry has been compromised for more than a decade by a deluge of Chinese imports. Recently, the government increased import duties on toys by 200% and made toy quality certification mandatory in order to revive the indigenous industry. However, high import prices may not …

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The toy industry is somewhat affected, although board games are seeing their sales increase

While the Mexican toy industry suffered during the Covid-19 pandemic, one bright spot has been for board game makers: They have seen a surge in demand from consumers confined to their homes. “Board games took the lead, followed by toys for infants, then toys for children aged 3 to 7, …

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PlayMonster CEO Bob Wann Announced as Toy Industry Hall of Fame Nominee

Since 1984, the Toy Industry Hall of Fame has recognized esteemed leaders who have left their mark on the toy industry through exceptional contributions and service to the industry, and by fostering a love of play in the hearts of children of all. ages. Bob wann is such a leader, …

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As India Raises ‘Voice for the Local’, Toy Industry Seeks Government Help

At a time when the Indian government is motivating the country to “speak up for the local” and reduce reliance on foreign products, Indian toy makers are first asking for a helping hand. They say the industry needs substantial support to even think about meeting the domestic demand for toys. …

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The sex toy industry is booming thanks to COVID-19

Comfort during the pandemic has taken many forms. Some people cook, others binge watch Netflix, and some of us exercise. Comfort can also be found in orgasms, and based on a 30% to 100% increase in sex toy sales, it seems like a lot of people are masturbating to get …

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Toy industry protests against rising import duties

India’s toy importers, a largely unorganized sector, have joined together to protest the proposed increase in import duties from the current 20% to 60%. There are 30 million children in India in the age bracket of up to 14 – and this imposition of a 200% increase would put a …

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Toy industry now affected by coronavirus, says Funskool CEO John Baby

COVID-19 has affected national toy industry shipments. Some companies have even postponed their investment plans. However, the CEO of Funskool India Ltd. Baby jeans believes the situation will improve in the coming months. Edited excerpts: How has the economic downturn and COVID-19 impacted your projects? Of course, both affected our …

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GCC Toy Industry Game for Growth – News

The optimistic forecast for the traditional GCC toy sector comes as no surprise for a region where 24% of the current population is under 15 years old. Dubai – Construction toys set to make a comeback as the fastest growing toy category regionally and globally Published: Sat, March 7, 2020, …

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Coronavirus becomes latest hurdle for U.S. toy industry

From Baby Yoda to eco-friendly stackable rings, toy makers last week introduced a line of products they hope will be on children’s wish lists for the 2020 holiday season. The four-day toy fair, which ended last Tuesday, comes as the U.S. toy industry has been hit by a number of …

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How is the coronavirus affecting the toy industry in western New York?

BUFFALO, NY (WKBW) – Many toys, or parts of toys, are made in China, where a virus outbreak has been reported that started in Wuhan. Companies that source toys from China have one goal: to keep shelves fully stocked so that children can continue to play safely. Gaetana Schueckler possessed …

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Coronavirus could topple toy industry by summer, figures show

NEW YORK – From Baby Yoda to eco-friendly stackable rings, toy makers last week introduced a line of products they hope will be on children’s wish lists for the 2020 holiday season. The four-day toy fair, which ended last Tuesday, comes as the U.S. toy industry has been hit by …

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The toy industry creates a federation to represent its interests

To express their concern over the recent increase in import duty on toys to 60% from 20% previously, toy traders, retailers, wholesalers and manufacturers have joined together to form the All India Toys Federation (AITF). “The import duty on foreign toys is a direct attack on the development of Indian …

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Jens Nygaard Knudsen, creator of Lego minifigures and ‘unsung hero’ of the toy industry, has died

(CNN) — Jens Nygaard Knudsen, creator of the Lego minifigure, has died at the age of 78. The former designer was responsible for developing the small Lego minifigures before they were released to the public in 1978. “We are very sad to hear that Jens Nygaard Knudsen, creator of the …

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Toy industry weighs impact of coronavirus at New York toy show

Coronavirus and the toy factory closures it sparked in China are on the minds of toys … [+] toy manufacturers and retailers as they gathered for the 117th New York Toy Fair. Jeanne Verdon The coronavirus, which has closed factories and design offices across China, could mean fewer seasonal toys …

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Coronavirus comes at a bad time for the toy industry

The coronavirus continues to impact industries with a strong presence in China, from auto parts to technology. And the toy industry is no less vulnerable to the virus and its deleterious effects on global supply chains. For the moment, the American toy industry, which welcomes its 117th Annual North American …

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Coronavirus crisis: India’s toy industry falters under China’s shutdown

Unabated in China’s coronavirus outbreak, India’s toy industry has been hit hard. Traders have no means of replenishing dwindling stocks because they are too dependent on the neighboring country for their supply. Since electronic components are also mainly imported from China, Indian manufacturers of battery-operated toys or toys containing battery-operated …

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Simplay3 founder inducted into Toy Industry Hall of Fame –

The Simplay3 Company, an Ohio-based manufacturer of children’s toys and home products, will be exhibiting at the 2020 Toy Show in New York City. Not only will Simplay3 be present, but its founder, Tom Murdough, will be inducted into the Toy Industry Hall of Fame. Even though Simplay3 is only …

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Tom Murdough will be inducted into the 2020 Toy Industry Hall of Fame

STREETBORO, Ohio, February 13, 2020 /PRNewswire/ — Simplay3 is proud to announce the induction of its Founder and CEO, Tom Murdough, in the prestigious Toy Industry Hall of Fame. This year’s sold-out ceremony, attended by over 700 industry professionals, will take place at New York City Ballroom Ziegfeld on Friday, …

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Brazilian toy industry expected to grow 6% after 2019 success – ToyNews

While the tale of the UK toy scene sounds more like a Stephen King novel than a Mills & Boon, at the moment the international space is showing determination – and even growth – in the Brazilian market. . According to the Brazilian Toy Manufacturers Association – or ABRINQ – …

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Toy industry vets are throwing a huge launch! Play, Ink Deal with Epic Story Media • The Toy Book

Kevin Mowrer, Adrian Roche and Dave Ciganko launched Huge! Play, a new company offering high-end, direct-to-consumer gaming products. The company plans to launch its first products in the North American market next year with global expansion to follow. Before Toy Fair New York, huge! Play has entered into a partnership …

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Toy industry hit by slump “due to Brexit and 2019 elections” | Retail business

The UK toy industry suffered from “difficult” trading conditions last year due to declining consumer confidence in the wake of Brexit and early parliamentary elections, manufacturers said. The British Toy and Hobby Association (BTHA) – which represents over 80% of the industry in the UK – released new figures showing …

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Tariffs, other unknowns keep the toy industry on edge

Bouncing back from the Toys R Us crash and fire last year, toy sales in the United States have increased slightly this year. But a host of challenges, driven by tariff threats, continue to disrupt executive suites. Sales in the first six months of the year fell 9% from the …

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Toy industry turns to Isaac Perlmutter to save it from tariffs

The toy industry has turned to a reclusive billionaire pal of President Trump to save it from heavy tariffs set to hit on Sunday, The Post has learned. Desperate to avoid 15% tariffs on dolls, games, electronics and other products made in China, toy executives asked Isaac “Ike” Perlmutter to …

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How glam play became the toy industry’s hottest trend of the season

This holiday season, some toy companies are turning off drones and pretty much anything that needs a display. What took the place of technology? Rhinestones. When The toy initiate, a leading toy industry resource and magazine, posted its top holiday trends for 2019, one theme was clear: Kids Unplug. The …

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The toy industry and safety organizations are fighting over which products pose a threat to children

The toy industry dismisses a safety group’s annual worst toys list as misleading and unnecessarily frightening for parents. The Toy Association says World Against Toys Causing Harm does not safety test toys. IMPOSSIBLE BURGERS NOT MEATLESS ENOUGH FOR THESE VEGANS SUEING BURGER KING: REPORT By contrast, the industry trade group …

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