Toys

Hasbro Inc. (NASDAQ:HAS) has raised $500 million of corporate debt through a sale of 10-year bonds, its first bond sale since 2019. The toy giant behind staples such as Monopoly, Beyblade and Play-Doh and film franchises Transformers and G.I. Joe issued debt with yields of 1.6% above treasury bills...

Nintendo ADR (OTC: NTDOY) is building on its existing partnership with Lego. The Tokyo-based video game company and Denmark-based Lego announced a new Animal Crossing-themed set, as shown in a teaser trailer released on Oct. 5. Earlier leaks had hinted at this collaboration, with rumors of five...

More than 7 million "Baby Shark" bath toys are being recalled after the toymaker, Zuru, received a dozen complaints about children being injured by the hard, plastic fin on the toy, according to the Consumer Product Safety Commission. The fins have caused impalement injuries, ...

Mattel Inc. (NASDAQ: MAT) is expected to report a year-over-year decline in earnings when it issues its results for the quarter ending March 2023, according to analyst expectations. By The Numbers: The toymaker is expected to post a quarterly loss of 25 cents per share on revenues of $740.74...

Hasbro, Inc (NASDAQ: HAS) said it will eliminate nearly 15% of its global workforce in 2023 with the reductions to take place over the course of the next “several weeks.” What Happened: Pawtucket, Rhode Island-headquartered Hasbro said the reductions coupled with ongoing systems and...

According to Linda Bolton Weiser, managing director at D.A. Davidson & Co., the recent holiday season saw some interesting trends in the toy and beauty industries. Toy Story: Weiser said Wednesday on Benzinga's "Stock Market Movers" that opposite to the 2021 holiday season when...

If you have kids or have to buy gifts for any kids, there’s a good chance you’re familiar with Funko Pops. The toys are small bobblehead-esque figurines of popular characters such as Luke Skywalker and Superman that are sold around the world at various stores such as...

A leading toy brand is among the latest companies to explore the world of Web3. Here’s the latest on the iconic Toys 'R' Us, which continues to find life after filing for bankruptcy in 2017. What Happened: Toy retailer Toys “R” Us is launching a new collection of NFTs...

One of the most well-known non-fungible token collections is launching a collection of collectibles with one of the largest retailers in the world. What Happened: VeeFriends, an NFT collection launched by Gary Vaynerchuk (aka Gary Vee), announced a partnership with Macy’s (NYSE: M) and Toys...

It seems Elon Musk wants to help children realize their inner space explorers. What Happened: Mattel Inc (NASDAQ: MAT) announced on Wednesday a multi-year agreement with Musk’s space exploration company, SpaceX, to create and market products, toys and collectibles that inspire children...

The bestselling products in the world stand at the crossroads of innovation meets the ability to formulate a product that has never been made before. For example, the Rubik’s Cube. This innovative toy made by Hungarian professor, sculptor and “serious puzzler” Ernő Rubik...

The year 2021 saw NFTs from companies such as PepsiCo, Inc. (NYSE: PEP), Hasbro, Inc. (NASDAQ: HAS) and Anheuser-Busch Inbev, SA (NYSE: BUD). Also on the 2021 NFT list was toy company Mattel Inc (NASDAQ: MAT), which is back at it in 2022 with another NFT launch. What Happened:...

A well-known toy brand is bringing non-fungible tokens to collectors with an upcoming release. Here are the details of the upcoming Hot Wheels NFT Garage. What Happened: Hot Wheels, a brand from Mattel Inc (NASDAQ: MAT), is introduing a new NFT series called Hot Wheels NFT Garage. Series 1 of...

Mattel Inc (NASDAQ: MAT) and Warner Music Group's (NASDAQ: WMG) Arts Music division are partnering with iHeartMedia Inc (NASDAQ: IHRT) to launch Barbie Radio exclusively on iHeartRadio. The financial terms of the deal were not disclosed. Barbie Radio will also be...

One of the most anticipated electric vehicles is the Tesla Inc (NASDAQ: TSLA) Cybertruck, which is expected to enter production later this year. A leading toy company is bringing a model version of the truck to consumers first. What Happened: Last year, Mattel Inc (NASDAQ: MAT) announced a...