Rosen refutes interpretation of Mega Brands settlement By Staff - 11/09/2009
Nov. 9, 2009—Former Rose Art principal Lawrence Rosen this afternoon struck back at reports that Mega Brands was the victor in the settlement of lawsuits between Rose Art’s former owners and its purchaser.
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Rosens settle Mega Brands suit By Staff - 11/09/2009 [UPDATED 11:35 AM EST] Nov. 9, 2009—Mega Brands announced today a settlement of all outstanding litigation with Rose Art's former owners that will buoy the construction toy maker's bottom line by $72 million.
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Maclaren recalls 1M umbrella strollers By Staff - 11/09/2009
Nov. 9, 2009—Maclaren USA today announced a voluntary recall of all of its umbrella strollers sold in the U.S. since 1999.
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Retailers settle Calif. lead suit for $454K By Staff - 11/06/2009
Nov. 6, 2009—Target, Toys R Us and Kmart will pay a combined $454,000 to settle a lawsuit brought by California and Los Angeles government attorneys stemming from the 2007 lead-related toy recalls, the Los Angeles Times reported today.
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MacPherson's pulls kids' easels over lead By Staff - 11/06/2009
Nov. 6, 2009—MacPherson's, Emeryville, Calif., is recalling 10,000 units of its Young Artist Easel because the product's chalkboard surface contains higher than allowable levels of lead.
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LeapFrog's numbers slip By Staff - 11/04/2009
Nov. 4, 2009—LeapFrog Enterprises saw its profit shrink 70 percent in the third quarter following a 42 percent decline in sales.
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Handmade Toy Alliance pushes for Senate hearing By Staff - 10/30/2009
Oct. 30, 2009—The Handmade Toy Alliance is calling for an open hearing in the Senate Commerce Committee to address the consequences of the Consumer Product Safety Improvement Act on small manufacturers.
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Baby Abuelita births P&G promotion By Staff - 10/23/2009
Oct. 23, 2009—Multicultural doll maker Baby Abuelita Productions is teaming with Procter & Gamble for a national grocery store promotion targeting Hispanic shoppers.
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Mattel unveils new online store By Staff - 10/22/2009
Oct. 22, 2009—Mattel has launched a new parent-friendly, direct-to-consumer online store, MattelShop.com.
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Jakks' profit slims in Q3 By Staff - 10/21/2009
Oct. 21, 2009—Jakks Pacific said today that it finished the third quarter with a double-digit decline in net income, yet remained profitable for the period.
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RC2 plumps profits on lowered costs By Staff - 10/21/2009
Oct. 21, 2009—RC2 said that profits jumped in the third quarter as lower operating costs allowed the children’s products maker to overcome shaky sales, particularly in international markets.
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Hasbro profits despite domestic sales slip By Staff - 10/20/2009
Oct. 20, 2009—Hasbro reported an 11 percent gain in profit during the third quarter, helped by its boys toy business and by licensing revenue.
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Jakks swings ax in advance of Q3 numbers By Staff - 10/20/2009
Oct. 20, 2009—Jakks Pacific laid off approximately 100 of its employees late last week, according to Los Angeles-area media reports.
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TAGIE Award nominations being accepted By Staff - 10/16/2009
Nominations for the second annual TAGIE Awards, which honor toy and game inventors and this year features several celebrity presenters, are now being accepted online. The deadline for submitting nomination if November 1.
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Mattel's sales, income dip in Q3 By Staff - 10/16/2009
Oct. 16, 2009—Mattel reported today that its third quarter net income slipped approximately 3 percent compared to 2008 following an 8 percent decline in net sales
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Mattel settles class action suit over 2007 recalls By Staff - 10/14/2009
Oct. 14, 2009—Mattel and its Fisher-Price subsidiary have settled a class action lawsuit brought against the toymakers for their 2006 and 2007 toy recalls over lead levels and other safety hazards, according to a law firm representing the class.
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Charisma Brands buys doll maker Adora By Staff - 10/14/2009
Oct. 14, 2009—In a deal between doll makers, Charisma Brands has acquired Adora for an undisclosed sum.
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Show Buzz: Fall Toy Preview - Product Highlights By Cliff Annicelli - 10/13/2009
Oct. 13, 2009—Last week’s Fall Toy Preview gave buyers a chance to see what toymakers with a desire for greater business at mass merchants will offer next year. Here are some of the products we found most memorable.
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