ToyNews Toy industry news: business, marketing, retail, wholesale and distribution
Cyber Group Studios has appointed Brand-Ward Services Ltd to manage its UK licensing programme for the pre-school animation IP, Gigantosaurus. Brand-Ward is a new IP consultancy business with Jean-Philippe Randisi and Trudi Hayward, helping owners and creators to monetise their IP regionally and globally. The team will look to build …
Read More »Slugterra and Chaotic fans “are hungry for games, toys and content” says Epic Story Media
Fans of both Slugterra and Chaotic, two hit animated franchises that have gained traction on the international stage, “are hungry for gaming, toys, and content,” according to Epic Story Media boss, Ken Faier amid new plans relaunch both with a slate of new content and merchandise. Epic Story Media is …
Read More »Jakks Pacific receives additional expression of interest
Jakks Pacific has received an additional, non-binding expression of interest to acquire all of the shares of the company’s common stock, the firm has detailed in an official press release. It was made for an indicated price of between 85 and 90 cents per share. The announcement follows speculation that …
Read More »Jazwares has reportedly made takeover bid for Jakks Pacific
Toymaker Jakks Pacific is said to have received a takeover offer from the owner of Jazwares amid a steep slide on its share prices this week. Reported by the LA Times and according to people close to the matter, Jazwares’ parent company, Alleghany Corp, made an offer to buy Jakks …
Read More »One Harry Potter toy is sold every five minutes in the UK as franchise hits £44m in value sales
The Harry Potter franchise is conjuring up some impressive sales figures, as the NPD reveals that one Harry Potter toy is sold every five minutes here in the UK. The figure puts the Wizarding franchise second only to Disney’s Star Wars in terms of value sales. The NPD points out …
Read More »Licensed lines and Toys R Us cause downturn in Jakks Pacific Q1 results
Blame for a stark downturn in 2019 Q1 sales of 23.8 per cent compared to the same period the year prior at Jakks Pacific, has been placed at the doors of Toys R Us, as well as a decline in previously strong performing licenses such as The Incredibles 2, Moana, …
Read More »Goliath and Jakks Pacific among CHITAG’s newest advisory board members
The Chicago Toy and Game Group has welcomes a tranche of new members to its esteemed Advisory Board, with names from across some of the world’s biggest players in the toy and game community. The organising body behind toy and game industry events during Chitag Week has named Adi Golad, …
Read More »Net sales at Jakks Pacific fall seven per cent but firm eyes international expansion
Despite the declines, Jakks Pacific has revealed that a number of its products - including Incredibles 2 and Harry Potter - performed well during the fourth quarter.
Read More »Jakks Pacific named global toy partner for SEGA’s Sonic the Hedgehog
The multi-year licensing deal will see Jakks manufacture, market and distribute its range of playsets, action figures, plush and collectables across the globe, with the exception of Asia.
Read More »Jakks Pacific is going big on JAM Media’s Becca’s Bunch
The master toy partner is launching figurines, playsets and accessories as well as vehicles, musical instruments, plush, dress up and role play, arts and crafts, board games and accessories and more.
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