Mattel reported a 1 percent downturn in sales, with contracting North American sales partially offset by Asia Pacific and Europe.…
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Lego Group reveals APAC leadership reshuffle
Lego Group is restructuring its leadership in Asia Pacific, after the region’s president Eric Maugein steps down.…
Toys R Us Asia appoints Leo Tsoi CEO
Toys R Us Asia, the leading retailer of toy and baby products in ten markets across Asia, today announced the appointment of Leo Tsoi to the role of Chief Executive Officer and member of the Board.…
Billionaire toy maker to save Toys ‘R’ Us
The hashtag #SaveToysRUs was trending on Twitter last week when news broke that the toy retailer had plans to close all of its stores. Among those tweeting was billionaire Bratz doll maker Isaac Laria…
Toys ‘R’ Us plans to close all U.S. stores
Bankrupt Toys ‘R’ Us Inc is preparing to sell or close all 885 stores in its U.S. chain, risking up to 33,000 jobs, after failing to reach a deal to restructure billions of dollars in debt, a person f…
Toys“R”Us (Asia) opens 10 new stores in China in one day
For the first time in the company’s history, Toys“R”Us (Asia) Ltd is opening 10 brand new stores in China all on one day – 1 October 2017, National Day.…
Mattel plays with digital toys to triple China business
Mattel Inc (MAT.O) expects to grow three to four times in the more than $31 billion toys and games market in China by 2020 through digitally connected toys, as it intensifies its efforts to take on LE…
Lego opens first Beijing store
Danish toymaker Lego has opened its first standalone store in Beijing this month, on the back on its successful Hong Kong store debut in August 2016.…
Toys “R” US to add 40 more stores in China annually
Toy retailer Toys “R” Us said it will open between 30 to 40 stores annually in China, as the local toy and game market in China took in $31.6 billion in 2016.…