ToyNews Toy industry news: business, marketing, retail, wholesale and distribution
Hasbro has seen its first quarter 2021 revenues increase by one per cent year on year to $1.11 billion, citing revenue growth across its consumer products as well as its Wizards of the Coast and Digital Gaming arms. Chairman and CEO, Brian Goldner has declared it “a very good quarter” …
Read More »Hasbro Gaming growth of 20 per cent helps toy maker hit $1bn in ecommerce sales in 2020
Revenues in Hasbro Gaming grew 21 per cent while revenues across its total gaming category picked up 20 per cent according to the global entertainment company’s Q4 2020 financial report. While net revenues for the full year 2020 did dip by eight per cent year on year, Hasbro witnessed a …
Read More »Hasbro finds “greater platform to influence culture and play” in eOne amid corporate social responsibility update
Hasbro has said that the acquisition of Entertainment One, the content and entertainment group – and powerhouse behind some of the pre-school sector’s biggest including Peppa Pig and PJ Masks – has given the firm a “greater platform to influence culture and play.” The statement was made by the company’s …
Read More »Hasbro appoints former WNBA president Laurel J Richie to its Board of Directors
The global play and entertainment company, Hasbro, has appointed the former president of the Women’s National Basketball Association, Laurel J Richie as an independent director to its Board of Directors. Richie served as president of the WNBA from May 2011 to November 2015. Prior to that she served as chief …
Read More »Hasbro president and COO John Frascotti announces plans to retire from the firm next March
Hasbro’s president and chief operating officer, John Frascotti, has revealed his plans to retire from his current position with the global toy company when his contract comes to an end on March 31, 2021. Frascotti will remain employed by the company for one year in the role of special advisor …
Read More »Hasbro to launch ‘stay at home’ product range as CEO Goldner reports ‘surge in demand for toys and games’
Hasbro has seen a surge in demand for toys and games amid the coronavirus pandemic, the company’s CEO Brian Goldner has told CNBC. The company boss has cited a ‘great demand’ in its products, underlining that “in fact, our supply chains are back up and running in China.” Shares of …
Read More »Hasbro continues move out of China; targets 50 per cent or under by 2020
Hasbro could see its manufacturing out of China fall to 50 per cent or under by the end of next year, following what CEO Brian Goldner has called a positive shift for the firm out of the region. The firm claims to have spotted an opportunity now that has fuelled …
Read More »Stan Lee to join Hasbro’s Brian Goldner and Kenner’s Joe Mendelsohn in Toy Association’s Hall of Fame
Lee will be joined by Brian Goldner, chairman and CEO of Hasbro, and the late Joe Mendelsohn, president of Kenner Products, as all three will this year join the ranks of esteemed industry figures.
Read More »Hasbro extends CEO Brian Goldner’s contract and promotes John Frascotti
“Over the past ten years as CEO, Brian has transformed Hasbro. His vision to set a differentiated strategy for the company, including investing in new capabilities and establishing a new culture, has dramatically increased shareholder value.”
Read More »Dungeons & Dragons is “ripe for global eSports competition,” says Hasbro CEO
The fantasy role-playing game is seeing its best year ever.
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