Building kits, led by Lego, have been one of the bright spots in the toy industry over the past several years. In the U.S., construction toy sales were up 16% in 2024 compared to 2023, according to Circana figures, representing a significantly higher rate of growth than any other supercategory tracked. The same was true […]
Tag Archives | Mattel
Games of Skill and Chance
At Toy Fair New York this week, there are many reminders of how licensed properties have long proven to be a good fit with board and other tabletop games for all ages. While not every licensed game will be a success, licensing is assuming an expanded role in several current trends in the board and […]
Game-Changing Gear for Girls
Women’s professional sports have large contingents of young female fans who look up to the athletes and often aspire to turn pro themselves one day. In fact, part of the mission of women’s sports leagues is typically to bring young girls into the sports community as players and fans, as well as to support and […]
Toy Trend Takeaways from Q2
By Karen Raugust on August 12, 2024 in Business models, Character/Entertainment, Licensing, Toys/Games
Second quarter financial results, released in July and August, of five of the major publicly traded toy and collectibles companies—Mattel, Hasbro, Spin Master, Jakks Pacific, and Funko—all showed declines (of varying degrees) in topline revenues and net sales during the period, compared to the same timeframe in 2023. The lone exception was Funko, which saw […]
Joining the Fight Club
Two toy-industry deals announced this month, for the fighting franchises WWE and UFC, respectively, are the latest of a number of agreements in this space to launch over the last couple of years. In addition to the loyal family audience attracted to the leading properties, fighting-related IPs offer a clear play pattern that makes them […]
Welcome To Summer
Summer is here, and so are announcements of summer-specific licensed and collaborative products for use at the beach or pool (or in the back yard). These represent an evergreen category, with new offerings across an increasingly varied range of properties coming to light each year. But the IPs that make the most sense are those […]
Strange Bedfellows No More
Toy companies are increasingly working with their direct competitors to refresh, extend, or strengthen their own brands. This would have been almost inconceivable in the past and shows how much the toy industry has changed over the past decade or more as players in this sector face numerous challenges: competition from video games, social media, […]
Better Together
Licensors have over the years become more flexible in how their IP is integrated into licensed merchandise, as they look for ways to keep their properties and products fresh and embrace ideas from their licensees on how to do so. A relatively new manifestation of this trend is some licensors’ openness to redesigning their corporate […]
What to Wear to The Barbie Movie
The licensing program for The Barbie Movie, set for a July 21, 2023, release, has more than 100 merchandise licensees on board, alongside a bounty of promotional partnerships, and it comes with high expectations for success. It is reminiscent of movie licensing programs of yore, which routinely had long licensee lists, although those would have […]
Asian Designers Shine in New Year Collabs
Each year, more marketers—of various sizes, working across categories and geographic regions—have been celebrating the Lunar New Year with collaborations involving designers, artists, influencers, and other creatives based or born in China or other Asian countries. This year is no exception. Among the many examples for the 2023 Year of the Rabbit, which began yesterday, […]