Retail

The €1.2bn deal is still subject to agreement and approval.

The Squad will contribute to the creation of a hub of fun content on The Entertainer’s Facebook and YouTube channels designed to encourage children to explore new ways of playing,

A sales decline of 0.5 per cent month on month after growing 1.4 per cent in May and 1.3 per cent in April has sent the pound below $1.30 for the first time sine September 2017.

Canal Toys and Zimpli Kids have reassured retail partners of the safety of their own slime brands as Which? reveals staggering findings from product testing.

As part of the new relationship, Sino Foreign Trading will provide the support to strengthen the company to expand its global efforts and strength of brands in Yvolution and the popular Y Flicker Scooter.

The inquiry has been launched to “assess the competitive impact of these purchasing partnerships on the concerned markets, both upstream for the suppliers and downstream for the consumers.”

Safety concerns were raised across the globe as the retailer held a one-day sale in which customers pay the a price set at the age of their child for bears that often reach up to more than £50.

The company was forced to abandon its ‘pay-your-age’ campaign, an initiative that offered UK customers the chance to buy any bear, which can cost up to £52, for the price of their child’s age, over safety concerns due to its popularity.

The firm has launched the line exclusively with Smyths in an initiative running until the end of July, before rolling the line out to wider retail.

The result has seen Zuru reach the number six manufacturer, behind only Mattel, Hasbro, LEGO, Spin Master and MGA.