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2018 Toy of the Year (TOTY) Award Winners Announced

The Toy Association recently unveiled the 2018 Toy of the Year (TOTY) award winners.
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Basic Fun Acquires K’Nex

Florida company, Basic Fun, purchased K’Nex toy company in an auction last month.
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Fantastic Toy Sales For Amazon in 2017

Amazon’s market share in the U.S. toy market continued to expand in 2017 with $4.5 billion in sales, a 12 percent increase over 2016, while embattled specialty toy retailer Toys R Us continues to struggle.
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Hasbro Reports Revenue Decline for Q4 2017

Hasbro’s revenue misses expectations by 2 percent for the fourth quarter due to slow consumer demand for the holidays, slow sales from Star Wars, Frozen, and Marvel toys as well as declines in Partner Brands and its business in Europe.
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First Look At New LEGO Jurassic World: Fallen Kingdom Sets and More

LEGO unveiled the new LEGO Jurassic World: Fallen Kingdom sets and more licensed properties at Nuremburg Toy Fair 2018.
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Zuru Awarded $12.25 Million in Bunch O Balloons Infringement Case

Zuru wins patent infringement case against Telebrands and its subsidiary Bulbhead for infringing on US patents for Bunch O Balloons.
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WowWee Freezes Sales of Fake Fingerlings

WowWee is vigilantly cracking down on counterfeit Fingerlings sales, protecting its brand and consumers.
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Mattel Forms Mattel163 For Development of Digital Experiences

Mattel163 to develop digital experiences based on Mattel’s popular toy brands, including Barbie, Hot Wheels, Fisher-Price, Thomas & Friends, and more.
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New York Toy Fair 2018 Begins in Two Weeks

The New York Toy Fair 2018 opens February 17 – 20, 2018. Let the excitement begin!
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Mattel Reports Another Loss For Q4 2017

It has been another challenging quarter for embattled toy company Mattel.
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Introducing Monopoly: Cheaters Edition

The latest version of Monopoly is created just for people who love to cheat, headed to store shelves this Fall 2018.
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SNES Classic Achieves 4 Million Global Sales

Nintendo announced sales of 4 million units for its hot holiday item, SNES Classic.
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Nintendo Sells 14.86M Switches Worldwide in 10 Months

Nintendo’s Switch outperforms Wii U lifetime sales in just 10 months.
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VTech Announces Toy and Product Recall

VTech announced a recall for two products – Shake & Sing Elephant Rattles and Lights & Lullabies Travel Mobiles.
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NPD Reports 2017 Worldwide Toy Sales Grow By 1 Percent

Considering a dozen global toy markets, worldwide sales in 2017 grew 1%, driven by fidget toys, slime, dolls, and collectibles.
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