China gets toy industry vote of confidence

Toy companies will continue to work with Chinese manufacturers despite rising costs.
Publish date:

At the Reuters Global Consumer and Retail Summit, bosses from Hasbro, Leapfrog and Toys R Us said that they would continue to work with Chinese toymakers.

With rising wage bills the cost of doing business in China is increasing year-on-year.

Leapfrog chief John Harbour said that China “has built an unbeatable infrastructure for effective manufacturing" while Hasbro CEO Brian Goldner claimed that costs could continue to rise for "many, many years" before business there became unviable.

"Just like you think about Silicon Valley with technology, Hong Kong is the analogous location for toys," Toys R Us CEO Jerry Storch said.


Featured Jobs


Marketing Director UK

Gameplan I Southeast of England I Salary: Competitive I Date Published Monday 7th January 2019

Rainbow logo landscape_home of classic Final

Product Manager

Rainbow Designs Ltd I Olympia, London I Salary: Competitive I Date Published Wednesday 16th January 2019