After having his bid rejected by the court, billionaire toy executive Isaac Larian shifts his focus to U.S. Toys R Us stores and could sweeten the deal.
Read More
Mattel CEO Margo Georgiadis Steps Down, New CEO Announced
Ralston Paes
April 21, 2018
After just 14 months at the helm, Margaret “Margo” Geogiadis is leaving embattled toy maker Mattel, failing to turnaround its fortunes. Mattel announced Ynon Kreiz as her successor.
Read More
Nintendo’s Innovative Nintendo Labo Launches Today, First Impressions
Ralston Paes
April 20, 2018
Nintendo’s innovative cardboard accessory kits for Nintendo Switch launched at retail today.
Read More
Hasbro Announces Plant-Based Packaging Initiative For 2019
Ralston Paes
April 19, 2018
Hasbro’s upcoming packaging initiative will help drive a sustainable future by designing for the environment and reducing its environmental impact.
Read More
Toy Mogul Isaac Larian’s Toys R Us Bid Rejected
Ralston Paes
April 18, 2018
Toy executive’s $890 million bid for 274 U.S. stores in addition to Canadian operations has been rejected, as it failed to meet minimum threshold levels for the assets.
Read More
Kidults Market Rockets To 8 Percent Growth and Continues Expansion
Ralston Paes
April 17, 2018
The Kidults market grew by 8 percent last year, making up 11 percent of toy market sales in Britain. A staggering £1 in every £9 is spent on adults purchasing toys for themselves.
Read More
Hasbro Pioneers First Of Its Kind Toy Recycling Program For Sustainable Future
Ralston Paes
April 16, 2018
Hasbro announced it is launching a new brand-sponsored national toy and game recycling pilot program called Hasbro Toy Recycling in collaboration with TerraCycle.
Read More
Toy Mogul Isaac Larian Has Last-Ditch Effort To Save Toys R Us
Ralston Paes
April 15, 2018
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.
Read More
Mattel To Close New York Office In Cost-Saving Effort
Ralston Paes
April 12, 2018
Over the duration of the year, Mattel plans on closing down its New York office in phases, resulting in savings of $650 million.
Read More
Black Panther Toys’ Demand Outstrips Supply, But More On The Way
Ralston Paes
April 11, 2018
Demand for the Black Panther toys has exceeded all expectations – selling out practically everywhere. Expect more on the way along with a new wave of toys and merchandise this summer and fall.
Read More
