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Toys in the News: 3-31-08 Click Here for Current News
GameStop Takes Over Free Record. March 31, 2008 – GameStop Corp. has announced plans to acquire 49 Free Record Shop locations in Norway, boosting its operations in the Nordic region to 160 stores, according to a press release. Washington Bill Sparks Controversy. March 28, 2008 – While the Washington Toxics Coalition and the American Association of Pediatrics are pushing for passage of the Child Protection Safety Act in Washington state, representatives of the toy industry maintain that the bill might cause big problems as it's currently written. A primary concern is its restrictions on lead and phthalates regardless of where the materials exist in a toy — which means that toys with interior electronic components could be outlawed, according to the Seattle Times. ![]() State Fears Ban Will Hurt Sales. March 27, 2008 – Washington Gov. Chris Gregoire is pondering veto or modification of a proposed state-wide ban on toxic toys, as manufacturers ponder future sales to the state and industry representatives struggle with certain restrictions outlined in the bill. One novelty-store owner claims the bill isn't clear in its definitions of toys and children, and fears the legislation could force him to close up shop, the Seattle Post-Intelligencer reported. ![]() Take-Two Says No to Electronic Arts. March 26, 2008 – The board of video game publisher Take-Two Interactive has advised its shareholders to refuse a $2 billion offer from Electronic Arts, the Associated Press reported. Take-Two is holding out on potential partnerships with other companies until after the April 29 release of its game "Grand Theft Auto IV." Washington Bill Lowers Lead Limit. March 25, 2008 – The state of Washington has passed a bill, pending signature from Gov. Chris Gregoire, that would change the limit of lead in children's toys to 90 parts per million and establish harsh restrictions for phthalates and cadmium, according to the Wall Street Journal. Toymakers Mattel and Hasbro met with the governor earlier this month to try to stop the legislation, and some small manufacturers may cease sales in the state if the bill becomes law. ![]() Qatar Steps Up Safety. March 25, 2008 – The Qatar Organization for Standards and Metrology has announced its intention to import safety-testing machinery within the next 30 to 45 days in order to ensure the quality of toy imports as well as products already on retail shelves, according to the Peninsula. Imports lacking export declarations showing that the toys are lead-free are currently being held at a port, resulting in losses for several businesses. ![]() ![]() Bubble Show a Success. March 24, 2008 – The latest Bubble New York trade show, held March 8-11, drew 135 exhibitors and 1,180 visitors, primarily from the East Coast and overseas, Earnshaw's reported. The first Bubble show in March 2006 involved 40 exhibitors and was created to showcase children's apparel, accessories, toys and more. Banned Beads are Back. March 23, 2008 – Bindeez beads, known by the name of Aqua Dots in the United States and banned since November, are being reintroduced in Australia under the name Beados, according to ShortNews. The product was recalled in November after several children swallowed the beads and were hospitalized because of a dangerous, coma-inducing chemical in the toy's makeup. Gun Co. Targets NY Mayor. March 22, 2008 – Wisconsin company Lauer Weaponry has put caricatures of Mayor Michael Bloomberg on some of its brightly-colored guns in response to a ban of its gun paints in New York City, based on a claim that the guns look too much like toys and could cause confusion. The company said most of its gun colors, which include bright green, yellow, red and purple, were based on customer request, ABC News reported. ![]() ![]() Gibson Guitar Sues Wal-Mart and Others. March 20, 2008 – Gibson Guitar Corp. has filed a lawsuit against Wal-Mart, Target, Kmart, Toys "R" Us, GameStop and Amazon.com, saying the retailers should no longer sell Activision's "Guitar Hero" game because it violates a patent Gibson secured in 1999, the Associated Press reported. UPDATE: Lutz Muller of Klosters Trading Corp. told TDmonthly on Monday, March 24, that at least two of the named retailers are still selling "Guitar Hero III," and although legal teams are reviewing the lawsuit there has been no mention of discontinuing the product. ![]() Study Shows Phthalates in Toys. March 19, 2008 – The Washington Toxics Coalition has released a report, "Not So Squeaky Clean: A Study of Phthalates in Toys," outlining the results of tests that targeted 20 toys sold at mass retailers. Almost half of the products screened were found to contain phthalates, many at high levels. Tech Toys Save Companies Money. March 19, 2008 – Despite rising costs in overseas labor and materials, many toymakers are now benefiting from significantly lower prices on technological components, the Wall Street Journal reported. EyeClops Night Vision Goggles by Jakks Pacific, for example, utilize an imaging processor for cell phone cameras that now costs 75 percent less than it did a few years ago. And Zizzle is relaunching a voice-chip-equipped dog named Lucky, priced $20 lower than when it was introduced in 2005. ![]() Lead Colors Easter Eggs. March 18, 2008 – According to tests conducted by Ashland University students under the supervision of chemistry professor Jeffrey D. Weidenhamer, 13 of 45 Easter-related items from retail shelves contained amounts of lead exceeding the federal limit of 600 parts per million. Hobby Lobby is removing Easter eggs and spinning tops found to have excessive levels of lead, and is conducting further tests and working with the Consumer Product Safety Commission concerning a recall, the Associated Press reported. MEGA Brands and Intertek Partner for Safe Toys. March 18, 2008 – MEGA Brands has announced that it will work with testing company Intertek to ensure sound design and quality that meets or exceeds worldwide safety standards in the development of a new magnetic system this year, according to a press release. ![]() ![]() ![]() McDonald's Happy Meals Go Digital. March 17, 2008 – McDonald's Europe is working with entertainment studio Fuel Industries of Canada to offer interactive CD-ROMs in its signature Happy Meals in 40 countries. The CD-ROMs will feature original content and characters, introducing children to fairies and dragons and allowing them to play various games, according to a press release. ![]() ![]() Specialty Toy Store Closes. March 14, 2008 – The Learning Express store on Church St. in Burlington, Vt., has closed its doors after nine years in business. Neither the storeowner nor the company's home office provided reason for the closure, according to the Burlington Free Press. ![]() "LeapFrog takes great care when designing and testing our toys to ensure that they are exposing children to appropriate content and educational opportunities. In the case of our award-winning Alphabet Pal Caterpillar, letter names and sounds, as well as colors and melodies are introduced in an age-appropriate way. We were disappointed to hear of the news story about a grandfather who blended letter sounds together to create inappropriate words. The Alphabet Pal Caterpillar is designed for children 12 months to 3 years. Children in this age range are still developing fine motor skills and do not have the dexterity of an older person to press buttons quickly (particularly buttons located far from each other, as demonstrated in the MSNBC story) and create these blended 'words.' In addition, children in the target age range for the Caterpillar are still learning letters and sounds, and are not yet to the point of learning how letters come together to create words. We stand behind the value of our educational products, and we believe that the Alphabet Pal Caterpillar offers a valuable learning experience for children." Take-Two Board Takes Control. March 13, 2008 – Take-Two Interactive Software's Board of Directors has advised its shareholders not to respond to the acquisition offer presented by Electronic Arts Thursday. The Board will discuss the offer with its advisors and share its positioning with the stockholders within a period of 10 days, according to a press release. ![]() ![]() EA Takes Bid to Take-Two Shareholders. March 13, 2008 – Following Take-Two Interactive Software's rejection of a $2 billion proposed merger bid from Electronic Arts last month, EA bypassed the company's management Thursday, presenting its $26-a-share tender offer straight to shareholders, MarketWatch reported. Two of Take-Two's shareholders have already sold part of their ownership, while another is suing the company for failure to consider EA's offer. ![]() ![]() ![]() ![]() ![]() ![]() ![]() U.S. Tops List of Toy Importers. March 11, 2008 – Senior Show Manager of the upcoming Middle East Toy Fair, Ms. Monica Schulz-Bank, announced the top-10 importers of toys based on Export Bureau statistics from January 2004 to January 2008, in the following order: United States, with more than 32,000 importers in 500 toy categories; United Kingdom; Iran; India; China; Hong Kong; Canada; UAE; Australia; and Bulgaria, according to Al Bawaba. Senate Passes Bill. March 7, 2008 – With a 79-13 vote Thursday, the U.S. Senate passed H.R. 4040, boosting resources for the Consumer Product Safety Commission and banning lead (more than trace amounts) in children's toys, the Associated Press reported. See more legislative action here. Senate Considering Safety Bill. March 6, 2008 – A Senate vote on Wednesday banned industry-paid travel for U.S. Consumer Product Safety Commission employees, according to the Washington Post. The latest Senate bill concerning product safety, S. 2663, is a CPSC reform bill that modifies portions of S. 2045 and H.R. 4040, both of which were introduced in the fall. It would raise CPSC funding to more than $88 million for 2009, require independent third-party testing of products for children, increase civil penalties, eventually ban children's products containing more than 100 parts per million of lead, and allow the creation of a public database for consumer reports related to risks associated with consumer products, as reported by the Hong Kong Trade Development Council. ![]() Sprig Toys Names European Distributor. March 5, 2008 – Sprig Toys announced that Corgi International will distribute its eco-friendly line of battery-free preschool toys in Europe beginning this year, according to a press release. The company recently launched play vehicles made of bio-composite Sprigwood™ that feature original audio adventures as they move. ![]() ![]() China Vows Safety. March 5, 2008 – In a two-hour speech given at China's Great Hall of the People Wednesday during the opening of the Chinese Parliament, the nation's Premier Wen Jiabao said that testing and safety requirements for the country's exports of food and other consumer goods will be in line with international standards, according to CBC News. China plans to create or reconfigure 7,700 safety standards while also strengthening penalties for companies that break the rules. ![]() Mattel to Sell Notes. March 4, 2008 – Mattel Inc. has announced plans to sell $350 million in senior notes due March 15, 2013, and use the proceeds for general business matters. Banc of America Securities LLC and RBS Greenwich Capital are representing the underwriters involved in the agreement, according to a press release. ![]() ![]() Japan Welcomes Robots. March 3, 2008 – From the design of expressive robots in universities to the use of robots to feed elderly people, Japan is progressively paving the way for more robots in daily life, backed by a government spending $10 million or more annually for related tech development, the Associated Press reported. More than 370,000 robots were employed at Japanese factories in 2005, and the Trade Ministry anticipates the number of industrial robots to reach 1 million by 2025 — a potentially huge impact considering that one robot can account for 10 human workers. See more on robotics here, and read about their presence at Toy Fair 2008. ![]() Imperial Toy Gains One Stop. March 3, 2008 – Imperial Toy is acquiring licensed-toy manufacturer One Stop Toy Co., whose president, Evan Kaltman, will join the team at Imperial Toy, according to a press release. Kids Build Own Droids, Thanks to Hasbro. March 3, 2008 — A new "Build a Droid" system will be coming from Hasbro, reported Toy News International. Each of 30 new basic Star Wars figures will come with a unique droid part with universal connectors so kids can create their own droid. "Wave 1" of the "Legacy Collection" should be available starting June 26, 2008, with eight figures. Once a collector amasses all eight figurine, he or she can then build R4-D6 and R7-Z0 droids. Playmobil Keeps It Close to Home. March 3, 2008 — Popular specialty toy maker Playmobil announced its plans to move its injection molding to its factory in Dietenhofen, Germany. There are already 350 injection-molding machines in operation at the factory, and the company plans to "bring back" the work of 70 to 100 more machines that currently outsource the work. An additional 80 to 100 injection molders will continue to be outsourced, according to Toy News Online. Maryland House Passes Lead Bill. February 29, 2008 – A bill banning the manufacture, import, distribution and sale of toys and other products for children is headed to the Maryland Senate for approval after passage in the House of Delegates today. If passed, the legislation will go into effect July 1, prompting the hire of monitors to check toys sold in the state, and punishing industry parties whose products contain more than 600 parts per million of lead, according to the Washington Post. CPSC Targets Imports. February 28, 2008 – Chairman Nancy Nord of the U.S. Consumer Product Safety Commission will announce the organization's new Import Surveillance sector and discuss its increased presence at U.S. ports during a press conference on Wednesday, March 5, in Long Beach, Calif., according to a press release. |
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