Encouraging start for toys - ToyNews

Encouraging start for toys

January was the strongest performing month since last May, according to the British Retail Consortium, with like-for-like sales growing 1.1 per cent. Many consumers were taking advantage of the bargains available and New Year sales to purchase replacement goods and essentials rather than treating themselves to extras.
Author:
Publish date:
5_Mr Tickle Toy.jpg

However, as clearances ended, growth did begin to slow.

Within the toy market, December saw a strong growth in volume as parents were reluctant to let children down at Christmas. This was helped by the large number of sales throughout December and led to a volume growth of seven per cent for 2008, putting the market on a steady footing going into 2009. The average price fell again for the third January in a row as sales and special deals continued to dominate the market place, as well as many pocket money items performing well. Among the 11 Supercategories, All Other Toys grew in value, up seven per cent – driven by strong growth in pretend play and musical/educational toys. Action figures, outdoor and sports toys and plush all saw some volume growth in January.

Action Figures grew six per cent by volume and were worth £5.9m in January. This was heavily driven by the continuing strong performance of Ben 10, with the 15cm Action Figure continuing to be one of the best selling items with the toy market. Other strong performers were the Star Wars Clone Wars figures and the launch of Bakugan figures in the final quarter of last year. Plush was the fastest growing category in terms of units with an increase of 12 per cent, driven by traditional plush which accounted for nearly two thirds of plush sales. There has been a decline in the average price paid for plush from £4.43 in January 2008 to £3.84 in January 2009.

Top sellers have been Mr Men Show Friends Assortment, Fifi Bedtime Beanies and Wall-E Cute Mini Plush. Infant and pre-school lost value from the pre-school area, while infant continued to grow.

The New Year has seen a number of new properties picking up sales, with Bakugan and Magnext continuing to be the most valuable new properties. However, Lego Power Miners and Mega Bloks Struxx have also gained share and look to continue growing as the ranges are extended and distributed.

As the excitement over the Toy Fairs quietens down, it will be interesting to see how a number of new and revitalised properties will perform in the current market conditions. There was an air of quiet enthusiasm for the year ahead and with the launch of several big named films in the next few months the industry looks forward to a positive 2009.

Related

5_PowerRanger-Bandia.jpg

Snow joke for toy sales

Retail sales fell 1.8 per cent in February according to the British Retail Consortium showing the January rise in sales as a short term blip rather than an ongoing trend.

5_Bakugan web.jpg

Warm Easter boosts toy sales

UK retail sales were up 4.6 per cent in April on a like-for-like basis according to the British Retail Consortium. This was due to Easter falling in April this year compared to March in 2008, along with warmer sunny weather this April, while last year it was cold and wet.

5_tmpphp7Ho4oQ.jpg

Retail sales surge in March

According to the British Retail Consortium, UK sales fell 1.2 per cent on a like for like basis from March 2008 with some unseasonably warm weather this March benefiting clothing, footwear and outdoor leisure sales.

Featured Jobs

Copyrights Group

Marketing Manager

The Copyrights Group is one of the licensing arms within The Vivendi Group. Acquired by Vivendi in 2016 Copyrights manages the licensing for a portfolio of properties to include Paddington Bear. Some of the other companies within the Vivendi Group include Universal Music Group, and their licensing arm Bravado, Gameloft and Studiocanal to name a few.