The former Toy State management team launches new venture in Nikko Toys Ltd

The former senior management team of Toy State has launched a new venture with the creation of Nikko toys Limited.

The new venture will focus on creating innovative and high quality toy vehicles under the Nikko, Road Rippers and Machine Maker brands for autumn/winter 2019.

With the team’s expertise and knowledge of the toy trade, Philip Redmond (CEO), John Arndt (SVP of product development), Stephen Skoutas (SVP of global sales) and Laibond Cheng (president) have combined efforts to form the new company.

This marks the start of a new chapter for the four who through Nikko Toys Limited have already successfully secured the long term rights for the Nikko, Road Rippers and Machine Maker brands.

Redmond said: “We are delighted to be able to continue our work together, and of course excited to bring forth the most innovative toy vehicles in the market. As a group, we have a great balance of operations, sales, marketing and development experience and we have the energy and the drive to really capture the imagination of customers and consumers alike”

Nikko Toys Limited will be presenting its product line to trade during the upcoming January Toy Fair in Hong Kong between January 5th to 15th. For appointments, contact sales@NikkoToys.com

About Robert Hutchins

Robert Hutchins is the editor of ToyNews and its sister title, Licensing.biz. He has worked his way from Staff Writer to Editor across the two titles, having spent almost eight years with both and what now seems like a lifetime surrounded by toys. You can contact him by emailing robert.hutchins@bizmedia.co.uk or calling him on 0203 143 8780 You can even follow him on Twitter @RobGHutchins if ranting is your thing...

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