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Toymaker Hasbro joins wave of companies suing U.S. government over IEEPA tariff payments
Yahoo Finance· 2026-02-27 17:57
By Arriana McLymore NEW YORK, NY, Feb 27 - Toymaker Hasbro on Friday joined hundreds of companies suing for refunds of tariffs paid under President Donald Trump’s emergency trade measures, which were deemed illegal by the U.S. Supreme Court last week, according to court documents. The Play-Doh-maker, which did not disclose how much it has paid in IEEPA tariffs, is requesting full refunds along with interest. The lawsuit joins more than 2,000 similar cases filed in the U.S. Court of International ...
JAKKS Pacific and VIZ Media Announce New Toy and Costumes Partnership for Best-Selling Anime Brand Naruto
Globenewswire· 2026-02-26 14:00
SANTA MONICA, Calif., Feb. 26, 2026 (GLOBE NEWSWIRE) -- JAKKS Pacific, Inc. (NASDAQ: JAKK) a top manufacturer of toys and consumer products, and its costume division, Disguise, announced today a new licensing agreement with VIZ Media for Naruto, one of the best-selling and most beloved anime franchises of all time. Through the partnership, JAKKS will design, manufacture, market, and sell action figures, playsets, role-play items, and costumes, for Naruto in the United States and Canada. The all-new products ...
JAKKS Pacific and Crunchyroll Forge New Partnership to Distribute a Robust Lineup of Toys, Costumes, and Collectibles Across Multiple Top Anime Properties
Globenewswire· 2026-02-25 15:00
SANTA MONICA, Calif., Feb. 25, 2026 (GLOBE NEWSWIRE) -- JAKKS Pacific, Inc. (NASDAQ: JAKK), a leading global manufacturer of toys and consumer products, today announced an exciting new partnership with Crunchyroll, the global brand fueling anime fandom, to design, manufacture, market, and sell an all-new extensive line of toys, cosplay, and collectibles based on popular anime properties from Crunchyroll’s library. Under the agreement, JAKKS will become one of the major US manufacturers to bring official Cru ...
JAKKS Pacific and COVER Corporation Announce Landmark Partnership to Launch Official hololive Merchandise Line
Globenewswire· 2026-02-24 15:00
New Global Distribution Across Venue Sales, Direct-to-Consumer, and Retail ChannelsSANTA MONICA, Calif., Feb. 24, 2026 (GLOBE NEWSWIRE) -- JAKKS Pacific, Inc. (NASDAQ: JAKK), a leading global manufacturer of toys and consumer products, and COVER Corporation, the Japanese public company behind the globally renowned hololive production, today announced a groundbreaking partnership to create and distribute officially licensed hololive consumer products in North America. Under the agreement, JAKKS Pacific will ...
JAKKS Pacific Launches Global Anime, Manga, and Digital Creator Platform, Accelerating Expansion Into High-Growth Pop Culture Markets
Globenewswire· 2026-02-23 14:00
Core Insights - JAKKS Pacific, Inc. has launched a next-generation cultural platform focused on anime, manga, and digital creators, marking a significant strategic initiative for the company [3][4] - This investment positions JAKKS at the forefront of a rapidly growing segment in global entertainment, aiming for sustained global growth and long-term shareholder value [4][6] Strategic Partnerships and Product Offerings - The platform will involve collaborations with top-tier partners across various sectors, including fandom engagement, licensing, and live entertainment, to create a diverse portfolio of collectibles and products [5][9] - Initial product launches are expected in 2027, with further details on partnerships and product lines to be announced throughout 2026 [10] Market Opportunities - JAKKS identifies a significant opportunity in live-event and influencer merchandising, targeting high-growth markets that have previously lacked premium product offerings [7] - The company aims to enhance consumer engagement and capitalize on record levels of interest in anime and manga [7] Distribution Strategy - A new global distribution infrastructure is being implemented to improve speed-to-market and expand reach across various consumer touchpoints [8] - This multi-layered network will include direct-to-consumer and experiential retail channels [8] Long-term Growth Strategy - The initiative represents a fundamental evolution in JAKKS' growth strategy, focusing on building a durable platform that can outperform traditional product cycles [9] - The company emphasizes its commitment to innovation and operational excellence in expanding its brand leadership [9]
AI玩具哄孩子,效果如何?
Xin Lang Cai Jing· 2026-02-23 02:13
坐落在深圳人才公园旁的INNO100全球创新旗舰店,近期成了孩子们的"新宠":几个颜色各异的毛绒玩 具"芙崽"正嘟嘟囔囔地用"毛毛语"互相聊天;随着小女孩的一句"灵光一现",她手中的米色"芙崽"立刻 开启人类语言模式,温柔地问道"你想和我聊点什么呀";一旁,忽闪着大眼睛的"Ropet"看到小朋友比 出爱心手势,"眼"中也随即冒出一串串跳动的爱心;而小狗造型的"Lonna"则摇着尾巴,撒娇般地向孩 子们讨摸摸头…… 当大模型与传统玩具相遇,那些曾经沉默的塑料、毛绒和糖胶,正被悄然赋予感知与灵性。2025年是 AI玩具元年,从陪伴经济的情感共鸣,到教育场景的深度适配,AI玩具的发展和讨论远超品类本身 ——它既重塑了儿童成长路径与教育实践方向,也在革新家庭互动模式,更在科技伦理的边界地带展开 前瞻性探索。 可"读心"的AI玩具 近来走俏海内外的BubblePal,是一款看起来并不起眼的玩具:形似泡泡的磨砂质地半球,加上可以伸 缩的硅胶挂绳。而这极简设计里,藏着创始人李勇创造这款玩具的初衷。 "妈妈爱我吗?""爸爸为什么不陪我?""云朵为什么是白色的?"在位于深圳前海的深圳跃然创新科技有 限公司总部,李勇告诉半月谈记 ...
This small-toy company CEO took on Trump’s tariffs… and WON
MSNBC· 2026-02-22 17:07
When President Trump launch his trade wars last year he got relatively little pushback from the private sector, even as companies buckled under the weight of his tariffs. But a few smaller businesses did fight back and helped take Trump's tariffs down. One was a small Chicago-based toy company called Learning Resources.Its CEO and owner, Rick Waldenberg, was one of the first business leaders to take Trump to court over his tariffs last April. And Waldenberg's gambit has paid off. The Supreme Court ruled in ...
As American Girl turns 40, Mattel grapples with bringing dolls into a new era
CNBC· 2026-02-22 13:00
Core Insights - The American Girl brand, celebrating its 40th anniversary, faces significant challenges including digital competition and a changing customer base, leading to a decline in annual sales from over $600 million a decade ago to approximately $200 million in 2023 [3][4] - Despite the decline, American Girl has recently shown signs of stabilization with five consecutive quarters of sales growth, although this growth is from a significantly reduced base [4] - Mattel, the parent company, reported fourth-quarter sales of $1.77 billion, which fell short of expectations, leading to a decline in stock value and a lower profit forecast for 2026 [5][6] Company Overview - American Girl's flagship store in Rockefeller Center maintains a nostalgic atmosphere, attracting customers with its iconic doll displays and themed experiences [2][3] - The brand has evolved from its original focus on historical characters to include modernized versions and diverse characters, such as the upcoming "Girl of the Year," Raquel Reyes [9][12] - Emotional connections to the dolls remain strong, with many customers sharing personal stories about how the brand has influenced their lives and values [8][11] Industry Context - The doll industry is experiencing a shift as children increasingly engage in digital play, posing challenges for traditional toy brands like American Girl [3] - The brand's unique approach, which combines storytelling with character development, has fostered generational loyalty and a dedicated customer base [10][11] - American Girl's expansion into various media and retail formats has helped maintain its relevance in a competitive market [9][10]
Under mounting toy pressures, Hasbro has a secret sauce that Mattel hasn't matched
CNBC· 2026-02-21 13:00
Core Insights - The competitive landscape between Hasbro and Mattel is shifting, with Hasbro gaining an edge due to its successful trading card game division, Wizards of the Coast [3][4]. Financial Performance - For fiscal year 2025, Hasbro's revenue increased by 14% to $4.7 billion, while Mattel's net sales decreased by 1% to $5.3 billion [4]. - Hasbro's stock rose approximately 46% over the past year, trading around $100, whereas Mattel's shares fell over 20%, trading at about $17 [5]. Business Segments - Hasbro's Wizards of the Coast division, which includes Dungeons & Dragons and Magic: The Gathering, saw a revenue increase of 45% to $2.1 billion in 2025, contributing significantly to the company's profits [9][12]. - The digital gaming segment of Hasbro also experienced a 6% revenue increase in 2025, driven by the success of "Monopoly Go!" [14]. Market Trends - The overall toy industry in the U.S. saw a 6% increase in total annual dollar sales in 2025, with unit sales rising by 3%, indicating a stable demand despite economic pressures [19][20]. - Mattel's flagship brands, including Barbie and Fisher-Price, are facing sales declines, while its vehicles division reported an 11% increase in gross billings [17]. Future Outlook - Hasbro plans to launch new Magic sets based on popular franchises in 2026, forecasting mid-single-digit growth for its Wizards business [13]. - Mattel is beginning to invest in digital gaming, acquiring full ownership of its Mattel163 joint venture, which could enhance its profit margins over time [15][16].
Why JAKKS Pacific Stock Popped by Almost 24% on Friday
Yahoo Finance· 2026-02-20 22:21
JAKKS Pacific (NASDAQ: JAKK) published its fourth-quarter and full-year 2025 figures just after market close Thursday, and the investor response the following day was extremely positive. Market players piled into the veteran toy company's stock, pushing it to an impressive gain of nearly 24%. Not playing around Across the quarter, JAKKS's net sales were slightly over $127 million. Although this represented a year-over-year decline of 3% for the consumer discretionary company, it handily beat the average a ...