ToyNews Toy industry news: business, marketing, retail, wholesale and distribution
Funko has seen record first quarter net sales increases across both its US and European markets, reflecting what the pop culture specialist has cited as ‘broad-based strength across geographies, products, and channels.’ Net sales grew 38 per cent to $189.2 million compared to $136.7 million in the first quarter of …
Read More »Game changer | Funko celebrates potential for NFT market with TokenHead acquisition
Funko is strengthening its position amid the global collectables scene by making a play for the NFT space through the acquisition of a majority ownership stake in TokenWave, the developer behind TokenHead. TokenHead is recognised as a leading mobile app and website for showcasing and tracking Non-Fungible Token or NFT, …
Read More »Board games and direct to consumer platform helps Funko to strong Q4 2020 finish
A bolstered direct to consumer platform, the launch of new games and toys, and an expanded presence across its key retail partners have helped Funko to strong fourth quarters results for 2020. The pop culture specialist has reported a six per cent sales growth to $226.5 million, reflecting what CEO …
Read More »Funko CEO Brian Mariotti praises global teams amid ‘challenging 2020’ as Q3 sales dip 14 per cent
Despite a decrease of 14 per cent in net sales in its third quarter financials year on year, Funko’s CEO Brian Mariotti has praised the efforts of the pop culture specialist’s international teams in its executions throughout a challenging 2020, and believes the firm is ‘well-positioned for the Holiday season’ …
Read More »Surprise results at Funko as Q4 2019 financials take 8 per cent dip
In a surprise turn of events in the narrative of the pop culture specialist, Funko has detailed lower than expected net sales of $214m in its preliminary fourth quarter 2019 results. The company reported its preliminary financial results for the quarter ended December 31, 2019 this week, showing that it …
Read More »Funko appoints chief marketing officer and SVP of ecommerce
Molly Hartney is responsible for optimising the company’s marketing and digital presence, building brand strength and driving sales through all channels as it continues its efforts to grow and scale.
Read More »