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Tag Archives: lead

Geek culture subscription box Loot Crate files for bankruptcy

The geek culture subscription box service, Loot Crate, which established an ecosystem in which pop culture fans were sent a surprise selection of merchandise each month, has filed for Chapter 11 bankruptcy. According to a report from the LA Times, the service had hit a rough patch over the last …

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Funko continues to deliver with Q2 sales up 38 per cent

Funko has smashed its Q2 earnings and outstripped all expectations of the pop culture collectables specialist with a very healthy net sales increase of 38 per cent. The Washington-based company is continuing to deliver the goods for 2019, having seen second quarter sales grow to $191.2 million for the second …

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Spin Master unveils new collectable, trading card and AR-fused franchise, Dragamonz

Spin Master has lifted the lid on a new toy franchise that looks to blend collectable figures with the action of a trading and battling card game, all while using the power of AR technology. A leap forward in the hybrid toy stakes, Dragamonz is a line of collectable eggs …

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MGA issues warning to world’s counterfeiters after factory raid seizes 20,000 knock-off toys in China

MGA Entertainment has issued a warning to counterfeiters of the toymaker’s portfolio of products and the retailers that stock them, redoubling its efforts to bring the lawbreakers to justice. The announcement was made by the company’s CEO, Isaac Larian, following a raid on a Chinese toy factory during which a …

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Steve Pasierb: “We must hold back the relentless tide of counterfeit toys”

They threaten the health and safety of children and undermine our industry’s innovation, reputation, and commitment to safety. I’m speaking, of course, about the relentless tide of counterfeit toys overwhelmingly flowing from rogue factories and sellers in China, but not limited to that nation. Infringing products are a significant and …

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A life in miniature: Modiphius Entertainment on the colossal miniatures business

It’s a fair distance travelled from his days organising underground raves in the 1990s that Chris Birch, founder of Modiphius Entertainment, now finds himself in a three-storey London office block overseeing the production of wargaming miniatures with his wife and business parter Rita. But while the parallels between organising crowds …

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Trump’s 10 per cent tax on $300bn of China goods (including toys) to begin September

Almost as abruptly as it was taken off the table one month ago, US President Donald Trump has announced that the threatened next round of tariffs will come into effect on goods shipped from China by September 1. It was only a matter of weeks ago that the industry’s concerns …

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Spin Master sees product sales soar 42.8 per cent across Europe

Spin Master has seen product sales increase an impressive 42.8 per cent across the European market, building a solid quarter for the Canadian toymaker. Bakugan, DreamWorks’ Dragons, Monster Jam and a return to growth for PAW Patrol have helped fuel a successful selling period for Spin Master, who has seen …

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Hasbro sees Q2 2019 revenues grow 9 per cent

Hasbro has seen its second quarter revenue increase nine per cent to $984.5 million in 2019, versus the $904.5 million is totalled for the same period in 2018. The global toymaker has reported a strong Q2 in the US, where revenue grew 14 per cent, and in Canada where it …

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