Hasbro reports lackluster first quarter sales primarily the result of the Toys R Us liquidation. Its entire portfolio took a big hit – plummeting 16 percent – but Hasbro asserts it is poised for growth in the future.
Billionaire toy executive Isaac Larian along with partner investors bid $890 million for Toys R Us US and Canadian stores, after failing with his GoFundMe #SaveToysRus crowdfunding campaign. Now the future of Toys R Us rests in the hands of the U.S. bankruptcy court.
Mattel’s new Jurassic World 2 toys were unveiled at the New York Toy Fair 2018. Get your first look at the awesome and most exciting new licensed Jurassic World: Fallen Kingdom toys coming out later this year.
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