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 | Squishmallows
Say It With (Plush) Flowers
Plush bouquets are an increasingly popular gift for Valentine’s Day—as well as for Mother’s Day and other gift-giving occasions—and character/entertainment licensing plays a role in the sector. The product consists of plush figures assembled in a plush wrapper, like a bouquet. Some of the plush items are specially designed to combine character likenesses with flower […]
Hooked on Fast Fashion
Sustainability concerns have taken some of the luster from the fast fashion retail sector. The core business model, after all, is to encourage purchases of inexpensive clothes that are meant to be replaced quickly with trendy new pieces, creating an ongoing cycle of waste. Based on the number of deals being done with fast-fashion retailers, […]
Toy Companies Offer Tasty Treats
Plush is always a core category within the toy industry. But it is doing particularly well of late. In 2022, category sales rose 31.1%, according to the Toy Industry Association’s annual sales data developed by the NPD Group (now Circana). That was by far the biggest growth rate for any category tracked, in a year […]