35 Burst results for "toymakers"
"toymakers" Discussed on WTOP
"American girl brand doll corinne tan made her debut on New Year's Day the toymaker says the doll is in part a response to increased violence against Asian Americans Draw your own bath drive your own tractor companies are looking to make both those activities obsolete deer and company has taken the wraps off a self-driving tractor it says can be controlled by a smartphone and bathroom fixture maker caller is out with a smart bathtub you fill it to a preset level and temperature with a touch of a button And two former Disney executives building a new media company have taken about a 10% stake in Westbrook that's the media company founded by will and Jada Pickett Smith From the Bloomberg newsroom I'm Joan doniger on The Jennifer young difference This is Dave Johnson with great pride I talk about the Jennifer young difference because I experienced it two years ago with Jennifer and her team at Jennifer young Holmes sold my home in days and above less price Well Andy and North Sea they experienced the Jenner young home difference when they were trying to sell their fairfax home with another agent but he couldn't get it done They called Jennifer her team the script was flipped The team suggested a few repairs and staged the home It went on the market on a Friday had 34 showings and four competitive offers and by Sunday it was under contract for $30,000 over the list price which was well above what their previous agent had it listed for and couldn't sell it So basically when other agents fail go ahead and call Jennifer young Holmes and experience the Jennifer young difference like I did Go ahead and connect with.
"toymakers" Discussed on The Indicator from Planet Money
"Does that feel? Someone running a company? Listen, it's frustrating. You know, it's frustrating. You know, what I would say is that there are plenty of toys in the toy stores and in the toy section to retailers this year. This country is a wash and merchandise. So parents will be able to find something for their kids for sure. And if they look hard enough in a couple of places, they'll find tanker trucks. The Grinch bots have them, if they're willing to pay. Maybe the Grinch spots might have them, but so the consumer will be able to find gifts of the kids and the kids will get gifts. The issue always is, will you get the things you really want? It's finding those kind of key, you know, half dozen items that are really the must haves. You know, that one Star Wars toy, or you got to get that, you know, carpool karaoke machine, you know, for the Christmas party. It might be hard to find. And it all comes back down to like a bunch of people gathered in a war room, like looking at screens. Yeah, I mean, we'll figure it all out, you know, after new year's to see how it all shook out, but it's something that we've never seen. You know, I would hazard to say that global the global supply chain has probably never been this disjointed since World War II. So basically, we may be discussing tonka gate this time next year. We hope not, please. Jay foreman is the CEO of toymaker basic fun. This episode of the indicator was produced by our senior producer via lay with help from Isaac Rodriguez. It was fact checked by Taylor Washington and Corey bridges. The show is edited by Kate concannon and is a production of.
"toymakers" Discussed on The Indicator from Planet Money
"This is the indicator from planet money. I'm Stacy manic Smith. The supply chain crisis has been hammering businesses and the whole U.S. economy for months. But it's especially tricky right now. A lot of retailers do a huge chunk of their business over the holidays. And if a product arrives a few weeks or even a few days late, that can have serious consequences, especially if you make toys. Basic fun makes a lot of classic toys like care bears and tonka trucks and my little ponies and they have really been feeling this crunch. CEO Jay foreman says it has been all hands on deck, getting toys from factories, mostly in China to store shelves in the U.S. has become a major struggle. It's almost like those old World War II movies where, you know, they've got the battlefield plan there and they're pushing the ships or they're pushing the tanks across the battlefield to track where every one of their divisions are. The maps. With the big map on the table, absolutely. So we're kind of doing the same thing. Do you guys have a war room? We have two war rooms. Instead of the maps, we have 65 inch TV screens in the conference rooms and people have 40 inch monitors in their offices and we're and we're tracking the shipments all over the world trying to make sure every one of our containers and there's hundreds and thousands of them make it to their destination on time. And normally the system just works and this year the system is not working and it's just a nightmare. Today on the show, the toymakers, Nightmare Before Christmas. We talked with basic fun CEO J forman, about how the current situation has wreaked havoc on his company's bottom line, and forced them to create a military style operation around the supply chain. This message comes from NPR sponsor, fundrise, making investing in private real estate as easy as investing in stocks, bonds, or mutual funds. Build a more diversified portfolio today at fundrise. Dot com slash indicator. This message comes from NPR sponsor, odo, odo is a suite of user friendly business applications designed to automate streamline and simplify every aspect of your business from anywhere at any time. For a free trial, go to O DOO dot com slash indicator. G fourman CEO of basic fun, thank you for talking with us. So you guys make a bunch of classic toys toys that I, in fact, grew up with my little ponies, pounds, puppies, light, brights. And you know, I know that some of your toys are made here, but a lot of them most of them are made in China, which means you've got to be hitting up against all of these supply chain issues. Is there one toy that's been sort of especially causing you problems this year? Yeah, well, we have a couple of toys that are really impacted more than others from the supply chain. So one of the things that is so devastating about what's going on for manufacturers and importers in the supply chain is the cost of freight. So the cost of taking one of those 40 foot containers has gone from about $3000 to $20,000. Wow. Yeah, starting to come down now, but it's coming down to 12,000 container. So we have these big trucks called the mighty dumb truck that tonka mighty dump truck. And a really big and bulky, it's sort of like the boxes about as big as a 12 pack or of soda. And you don't get a lot of those on a container. Yeah, it's the classic yellow, big wheels. It's like the dumb trick tilts up so you can dump stuff out of it. Exactly. So that normally costs the dollar 75 to $2 each to bring in. Where is this coming from? From China. They come from China. So if you're online, take a look and tell me what that might have done truck retails for. Okay, I'm okay now Amazon is wow. Full disclosure I have not looked at the price of tonka trucks seriously before, but this seems expensive. It's $54. Okay, so that's really expensive. And the reason why is this expensive is because they're actually sold out on regular Amazon, right? So that's probably a reseller. That's bought a bunch of trucks or what they call a Grinch spot is something, you know, that's new to the world. A Grinch box. So it's basically like scalpers. They're basically scalp. Right? Oh my gosh. So how much should it be retailing for? So normally it's 25 to $30 a piece, right? So with the increase in freight for most of the season, it's cost us from $2 a piece to $10 a piece for a 25 to $30 toy. It becomes a problem. That's the profit margin. Yes. Right? Yes. So on a product like that, in many cases, what we've had to do is leave it at the factory because we can't bring it in until the freight rates come down. So we'll sell less time contracts this year because the freight rates are so high. You basically have a warehouse full of tonka trucks in China. Yeah, yeah. Thousands of them? Yeah, like much more than that. You know, like tens of thousands of them. And you know, listen, the nice thing about making and selling tanker trucks is what I'm not able to bring in this year. And sell a ton of truck will sell every next year. That's what's great about a ton of truck. Oh, that's true. It's not a fad, yeah. Right, it's not a fed. Now, other manufacturers that make more seasonally oriented merchandise or fashion oriented merchandise. Oh God. May have some problems because, you know, last year, sweater is not going to sell, you know, maybe next year. Maybe the colors change the styles changed. And so a lot of people are going to have a lot of problems because of this that aren't really realize now. You know, while we're all in the middle of this storm. So yeah, I mean, in economists would say free market, you know, listen we're all dealing with supply chains. If you should just charge, why aren't you charging whatever? $40 for tonka trucks. If there's a demand, and this is what the supply cost, you just adjust and charge more. You know, there's a perception and a lot of our customers are value oriented retailers. And they're looking to make sure that they're giving their guests a good value. So they won't pay that price for them. Yeah, you know, so this kind of think about it like, you know, if there's a hurricane or a storm coming, sometimes the price of gas goes up and then the price of gas goes down. Yes. So we feel a lot of us feel and we hope we're kind of in a storm right now. And it's going to pass. So we don't want to take something that used to be $25 and sell for 40. Unless we know it's going to be that way forever. It's a little bit of a bigger issue for the retailer, the retailer doesn't want to cause this kind of shock to the consumer. Prices have to go up gradually. I mean, how does it feel to have a warehouse full of tonkat trucks and a country full of little kids who want the tonka trucks? You know, like how does that, I don't know, how.
"toymakers" Discussed on Business Wars Daily
"White pontiac transam and last month. Hot wheels parent company mattel announced that his pride and joy was the winner of the hot wheels. Legends tour an annual search custom cars that could potentially be made into a die-cast toy the miniature version of stairs car which is set to go on sale. November will be one sixty four the size of the actual vehicle stairs cars. Just the third hot wheels legend tour winner to be honored with a tiny die-cast version under the hot wheels brand. The transam is also the newest inductee into the hot wheels garage of legends. A collection of one of a kind cars that celebrates the company's most exciting designs and performance vehicles. According to a statement by the company. Hot wheels. I screeched onto the scene more than a half a century ago. Hot wheels media dot com tells the story. Like this mattel. Co-founder elliot handler. Wanted a toy car that was cooler and performed better than anything on the market. The design team which included a car designer from general motors delivered the first hot wheels designs and the world's first ever trackable toy car. It's top competitor. Was matchbox until mattel bought tyco toys in nineteen ninety six and acquired the matchbox brand. But mattel is in the only one giving its legacy toy brands. New life over at hasbro. The three decades old transformers brand is continuing to court in new generation of fans after capitalizing on a new movie. Release a few years back. The original tv series became available for fans to stream earlier this month. The company also partnered with target to release new collectible items this month and in what might be the most exciting announcement hasbro has introduced the ultimate transformer the optimus prime auto converting programmable advanced robot. Yes that's right folks. It's a transformer that well transforms all by itself. Hasbro says the figure is about twenty inches tall and has five thousand components. It has a mobile app of course and you can control the transforming or drive the vehicle with your voice shout rollout or convert and your wish is the optimus prime robots command. It's everything ever dreamed of as you were angrily trying to wrangle those old manual transformer vehicles into cars and then back in the robots of course such automation comes at a hefty price. The new robot will set you back a whopping seven hundred bucks when it comes to legacy toys seems like toymakers find ways to make everything old new again and making the moves to appeal to a younger audience might be just the moved to get a brand new audience segment playing along from wondering. This is business daily. I'm your host. David brown written by win miran and produced by jessica your muskie our executive producers are jenny lower beckmann and marshall created by.
‘Time,’ The Oscar-Nominated Documentary Is Now Playing on Amazon Prime
"What it means to have a father in the house. What fathers even do one of this year's most buzzed about Oscar nominees for best documentary is Time about Fox Rich and her two decades fight for clemency for her imprisoned husband, Rob, while raising their six Children time winner of two dozen critics and film Fest awards. Now playing on Amazon prime, You know what? It was crazy. Then Diesel is working with Mattel on a movie based on one of the toymaker's products,
Mr. Potato Head Drops the Mr.
"Nineteen fifty to one toys been captivating hearts across the country. it's Well it's a plastic potato with holes where you can insert different body parts like years and arms or even accessories like glasses. Sounds like fun doesn't it. You know when. I say it out loud. It actually sounds a little weird but beloved. That's for sure. The original mr potato head which came with accessories meant to be stuck in an actual potato not a plastic potato. Sold a million kits in the first year after it was introduced spud wedged. Its way into history. The first toy to be advertised on television and marketed heavily toward children rather than their parents. Maybe that's why mr potato head and his wife. Mrs are still lovingly nestled in millions of american toy boxes today hopefully with a plastic potatoes. Well recently toymaker hasbro announced that the classic tater would be getting a makeover. They'd be dropping. The mr from all of its branding and packaging. Mr and mrs potato heads a line of small collectibles called wait for it tots. Even mr potato head out that whole line of products will now simply be known as potato head. The reason hasbro said in a statement that they were quote making sure all feel welcome in the potato head world unquote and dropping the mr in a push toward gender equality and inclusion shortly after. They made their plan. Public panic ensued on social media. That seventy year old. Mr potato head would be sent to the toy. Graveyard hasbro quickly clarified. That the change would be to the branding and packaging only but the characters of mr and mrs potato head were alive and would stay that way. Hasbro is just the latest toy company to reexamine its products as culture evolves in twenty nineteen rival. Mattel debuted a new line of gender neutral dolls that come with wigs of various lengths and a variety of clothes from skirts slacks ties to dresses. At the time mattel said the dolls were quote designed to keep labels out an invite everyone in unquote and last year. Mattel unveiled a new line of barbies. That may look a bit different than the skinny blond dolls. You remember from your childhood. The new barbie line includes dolls with prosthetics. Buzz cuts skin conditions and a variety of body types. Even a ken doll with shoulder. Length hair put simply toy companies or evolving as their customers do data on transgender and gender non binary individuals is not publicly collected in every state. So it's hard to know exactly how many young people identify such but at two thousand nineteen federal survey found that around one hundred and fifty thousand americans between ages thirteen and seventeen identify as trans. Or non binary hasbro senior vice president. Kimberly boyd kept it simple. In a statement fast company culture has a vault. She said quote the way. The brand currently exists with mr and mrs is limiting when it comes to both gender identity and family structure on quote. Hasbro's planning to release a new set of potato heads. This fall called up potato family. Pack it will come with two large potatoes. One small potato and a variety of accessories typically associated with any gender. That means kids can make a family. That looks like anything they can imagine. Potato head may be a simple toy but hasbro's push toward gender. Inclusivity symbolizes a larger cultural shift toward self identification and invitation for all to think outside the toy box
Hasbro, Mattel Say Toy Boom Isn't a One-Off
"Last night. We got a terrific from the tell. That's the iconic toymaker. What happens the soccer name. No kidding it actually said because day reminding. Managers found hard to get excited too worried about the ready crew. Gresley bidding up the canvas stocks. But make no mistake. Mattel's doing great. Ceo on crisis orchestrated effort. -nificant turnaround here. And let's have got yet another confidence-inspiring aspiring quarter. The country poorer top and bottom line with bush guide for twenty twenty one in response suck actually spiked. Three percent in early trading. Getting dragged down by the on weeds. What i'm calling the rest of the market. So could this really have room to run. Let's take a closer look with you on crises. The turnaround orders chairman. Ceo patel real. These results michigan. Welcome back demand money. Jim it's great to be here in on your manager word when things weren't doing waste things weren't doing well when things that down very low you said things are starting to get better. This was the finest fourth quarter in fifteen years despite a worldwide pandemic. Talmadge do it. Yes jim this was an exceptional quarter for mattel without best performance in years with strong consumer demand and another milestone near for the company for the second quarter in a row which have double digit sales growth without grace. The industry in gain share on a global basis but are results excited expectation on many levels with the highest fourth quarter growth in fifteen years as you said with a significant increase in profitability with a full year operating income. That was two and a half times higher than than last year. But this is not just about the quarter or the year. It's about a multi year strategy that is tracking very well which puts us on in a strong position to continue to increase profitability and etc growth. In two thousand twenty one and beyond what i liked about it but these were all fantastic numbers but you told me one day jim this company which has terrible cash flow can make fortunes on everything that it does put out so when barbie has a plus eighteen percent quarter number one toy property globally in twenty twenty doll- but boy you're making a lot more money off each barbie even though they're more interesting fascinating diverse inclusive than any of the line. At that i've ever seen as we made significant progress improving. Our ability. Gross margin has increased for the tenth consecutive quarter. And this is only getting better and stronger in terms of cash flow if you look at the journey that we've achieved last three years. Gross margin improved over. Eleven hundred points are cash flow improved by almost five hundred million dollars and our operating income is up more than six hundred and fifty million dollars so very strong performance on the bottom line. And we're making good progress on the top line as well. This was the second quarter in the row where we improve our top line by double digit. You're making it look easy. There was a time. When i first met who. I looked at your balance sheet and i question you're you're not your visibility your viability. The viability certainly taken off the table. Visibilities take off the table. At this point. I now have to wonder. You've got this great balance sheet now. I mean really is you've delivered. You have the number one of the industry you ever. American girl turnaround. Is it time to do something. Even were used something. The entertainment industry that you used to be king of come on free cash flow has steadily improved over the last three years we went from a negative three hundred and twenty five million dollars in two thousand seventeen to a positive one hundred and sixty seven million dollars this year going forward will will be focused on converting an increasing percentage of our ebitda into free cash flow and as we've previously stated we intend to utilize cash to reduce our debt and improve on balance sheet even further given the expectation for higher and more asian of cash. We expect to Continue to reduce our leverage ratio. And make our way towards an investment grade rating.
The Joy of 'Jingle Jangle'
"If you're looking for a mood boost in this season then. I've got just the movie for you to check out netflix's general jangle. I was absolutely caught up in the wonder and magic of this film. And i won't even tell you how many times i've played the soundtrack but beyond the magic i feel like there several life lessons to be gained from the film as will joining me in gushing over the movie today is jordan. Madison jordan is a licensed clinical marriage and family therapist originally from brooklyn new york currently living in silver spring maryland. She received her. Ba in psychology from spelman college in her ms couple and family therapy from university of maryland. College park and works as a family therapists at friends in transition counseling services in maryland. She's also one of our contributing writers here at therapy for black girls jordan and i chatted about the themes present in the movie. Why a film like this was so necessary right now and the importance of staying connected to our sense of play and wonder as adults. This episode does contain spoiler. So please save it until after you've had a chance to enjoy the movie if there's something that resonates with you while enjoying our conversation please share with us on social media using the hashtag. Tv g in session. Here's our conversation and be sure to stay tuned after my conversation jordan for an interview with two jingle jangle youngest man. Thank you so much for joining me today jordan. Thank you so much for having me you. So i'm very excited that you were able to join me because i feel like jingle jangle is the single most just adorable. Wholesome like swedish thing. I have seen in quite some time. I write it is really yeah. It really felt like a bom at this point in the year. That is twenty. Twenty right Yeah so. I know that you also had lots of thoughts and feelings about jingle jangle so i love to just kinda here. You know like on a cursory level. What kind of were your initial reactions to it. Like you said i mean it was just definitely a feel good movie. Great to see black culture black hairstyles. He saw dance moves. You saw so much of the culture in the movie itself as well and so that was great to see. I loved the grandparent aspect of it. I have you know amazing parents than they had me. Young and so. My grandparents have always stepped in albany very integral part of me growing up so i love that part that definitely warned my heart as well so the movie it was it was great. Yeah and it wasn't really something. I was expecting to love so i think he came out earlier this year. Right like in november. And i saw people talking about it and i was like. Oh maybe i'll have the kids wash that like a little closer to christmas or something. I mean then. I found out it was a musical and i'm not usually a fan of music. That was like oh i'm gonna love that and then we watched did the first time in the evening and i just first of all i probably teared up within like the first fifteen minutes right because it was so beautiful. You know and like you're mentioning. Just lots of layers in terms of the family dynamic and just like you said gorgeous hair styles and just it was shot beautifully right so i think it just put me. All of my feels in a way. That i wasn't necessarily expecting. Yeah i think my first time watching it. My dad and my step mom and my two siblings live in atlanta but i am currently in maryland in we decided to watch it together over net flicks to and that was nice and then we watched it again. I wanna say it was thanksgiving evening or sometime around the thanksgiving holiday inn. So it's definitely a nice family movie but like you said. There's a lot of generational things that i saw that were woven in as well so i really appreciate it. I think it's a great movie for all ages. Yeah i agree. I agree with it now. Because i feel like i can't ever really watch anything without like picking up some additional meanings. I definitely feel like i was able to get lost in it. Which i think was a part of the fun that i was able to really kind of get lost in the magic of it in a fantasy of it but i did still kind of walk away with like. Oh there was a mess we can use f. or something else right so tell me about maybe some of the messages that you got from the field ivory washed it now. Maybe three to four times. There's like three major themes standouts to me so one was just belief like believing in yourself believing in the magic of things and therapist in me kinda boiled down to like imposter syndrome and how that can make you not believe in yourself but also the like the pros and cons of it right because the competing toymaker. He stole the ideas from toronto. Will you know him taking drama things. It just showed me that. What's for you is for you. So even though he took it and made a profit in the beginning when that lasts invention that he tried to steal didn't work to me. It was because you didn't know what it took or what was the meaning or what was important behind. It like how drawn did because he's who created it. It didn't work for you so even though you tried to steal his shine it still ended up. Not coming to you. The way that you expected and then for dronka's like once a believer always a believer. So i think with his phil successes. It made him forget who he really is in. It reminded me sometimes with myself or with clients that i see that when things don't go our way we sometimes start to feel like maybe this is not for us when maybe it is. It's just that we're having some difficult times. That doesn't mean that it takes away who you are what you were created to do so. That was the first team that stood out to me because belief in the magic and all of those things in that being what made the the code that he would write in work and stuck out.
"toymakers" Discussed on WBZ NewsRadio 1030
"To transport a vaccine don't right now know where the vaccine will be manufactured. What the packaging will be and just how cold the vaccine will need to be kept. That's the daunting task before shipping companies like D H L. According to its CEO of global forwarding Yusa, David Goldberg. There's still a lot of things that are unknown. We've been talking to the different manufacturers who are in various faces of the clinical trials to get ready. One drug company, meantime, is stopping its work on a Corona virus treatment. Eli Lilly is ending a trial of its antibody drug for covert 19. Federal researcher said it's treatment produced no market improvement in hospitalized patients. The study of its answer body was initially paused earlier this month over safety concerns. Eli Lilly says it stands by its treatment and earlier stages of infection to potentially prevent the progression of covert 19 That is CBS's Diane King Hall. Thanksgiving in the U. S is about a month away. But in Canada, they have already had Thanksgiving it now warning to Americans from our northern neighbor, health officials in Canada are blaming Thanksgiving gatherings for a rise in Corona virus cases north of the border where they celebrated two weeks ago. At least 13 Coben cases in a suburb of Toronto have been linked to a large family. Dinner. Infectious disease specialists in interstate travel and students returning from college or both potential virus spreaders south of the Canadian Border State University of New York will test its students before they head home for the holidays. Debra Rodriguez, CBS News threw away tore off the Wall Street where the numbers are. I guess mixed up today, Andrew all day is that Bloomberg to sort it all out for us. Stocks and text companies are lit today following a mega acquisition in the microchip business advanced Microdevices buying Xilinx for $35 billion, But Wall Street over all is not as hot as the latest Lee reading. Consumer confidence from the conference board shows an unexpected October decline, fueled mostly by the spike higher in the number of U. S Cove. It cases down right now, losing 82. NASDAQ Gaining 79 S and P 500. Up two points. Last week, Mattel, and this week Hasbro posted earnings showing strong demand for toys and games during the pandemic is families huddle inside. Two smaller toymakers feeling the pressure to compete are deciding that it's better to combine forces spin master whose products include Etch a Sketch and Aqua Doodle. Is acquiring Rubik's Cube for $50 million,.
"toymakers" Discussed on Bloomberg Radio New York
"This is Bloomberg Radio. Bluebird World Headquarters. I'm Charlie. We continue to monitor the Intel After ourself Intel now down 9.8%. Intel did report sales that matched Wall Street estimates that delivered a tepid four counts. So stoking Mohr concern that manufacturing delays are whittling away at its lead in semiconductors. Company's data center chip business suffered a 10% decline in revenue after a weak economy hurt sales to large companies and government customers. Again. Intel Plunging our after hours down now by about 9.8%. Mattel shares are rallying and after market trading after exceeding sales expectations in the third quarter is more customers snapped up Barbie dolls and hot wheels. Toys second largest US toymakers revenue rose 10%. Eating annals predictions. Mattel shares up by more than 6% of the Food and Drug Administration has approved Gilead Sciences, anti viral therapy rendez, severe granting broad clearance for the Corona virus treatment. Shares of Gilead up after ours by just about 4%. The final presidential debate takes place tonight. You could hear it live here on Bloomberg Radio and television. Our coverage kicks off a 9 30 tonight, but just how should the presidential election play into investment decisions? Mike Pyle is global chief investment strategist of Black Rock Financial Our basic thesis is that this race continues to look awfully stable when our advice to investors is, you know, look through any volatilities that the race itself generates. Look to the long term looked at the fundamentals and and and a high conviction positions. If you do see that I want Stocks,.
Hasbro pulls Trolls doll over concerns it promotes inappropriate touching
"Shelves amid complaints it promotes child abuse. Toymaker Hasbro says that it's in the process of removing the trolls World tour giggle and sing Poppy doll from the market. And will offer customers a replacement doll of the popular female character. The doll had been designed to giggle when placed in a sitting position. But some parents complained the sound activation button is inappropriately placed between the doll's legs. An online petition suggested dollars conditioning our Children to think pedophilia is okay. Rakoff, CBS
Lego Named the Worlds Most Loved Brand
"Toymaker Lego is the most beloved brand in the world that's according to a social analytics company called Talk Walker. It scoured millions of blogs, social media and press accounts for mentions of companies and scored them on what it calls brand love. Lego took the number one spot now if you're a Lego. LEGO FAN or a casual observer of the Danish companies growth this might not seem that surprising after all the five and a half billion dollar businesses, the largest and most profitable toymaker in the world, according to the Washington Post Lego Cells, seven sets second, and has made so many little plastic bricks that every person on the planet could own eighty of them according to Ad Week. Maybe you painfully stepped on a few yourself, but what exactly? Exactly is brand love we'll talk. Walker looks at the bonds companies bill with their customers. The firm calls them vital emotional connections. The firm scores those bonds by examining eleven different factors that create them. These factors include customer service, creating a feeling of nostalgia, practicing corporate social responsibility, treating employees, well and engaging actively with influencers score high on all eleven, and you wind up in Legos enviable position, and if you're not tops in the world well. Maybe understanding these factors could help. Let's run down a few things that legos doing right according to Talk Walker, the toy maker certainly excels at creating a feeling of nostalgia. No explanation needed Lego also scored high marks for customer service. The company engages actively with influencers in part by sharing considerable user generated content on its TV shows and social channels. Brand image is critical to financial success earlier this year we reported that sales of kids toys were slowing so Lego in its German rival Playmobil. have been pulling out all the stops marketing toys to. That grows their sales volume and their profitability, because you can spend more money than kids that feeling of nostalgia on which legos scores so well, adults love it so far however Playmobil just hasn't been able to attract legos. Level of brand love
"toymakers" Discussed on OC Talk Radio
"I fight that all the time with myself because I remember what a big block. Chevy was a bad boy now. I call it in big blocks in the flathead to me. You know. It's like the technology of today and and you're right my season. My season finale. For Season Five. Were trying to mix a hot rod with electric with you know. I haven't the self driving thing I get. I understand in common. Nothing I could do I. I remember eight tracks. Takes tapes went away and I fee and I remember I said it. Never get a cell phone now. I can't live without one Well you know what I wonder you know. But but they're in light. I always think that that's seeing of resistant. Point of resistance when when when it catches in our spirit. What's actually happening if resisting? It really means we're holding onto it right. And so what are out of that resistance out of that holding onto that thing that we don't are not In line with their life I think A moment of creativity. Could you imagine like a world where let's say? A lot of driving. Were on their spaces where people sit facing each other and there is no steering wheel but what would be the hot rod equivalent of that space for those people like every day you think about it every day. You're right because for me for me to survive in my world. I have to be willing to and I love to adapt. 'cause I don't mind going. How can I make a self driving car cool? How can I make car cool? We know that you know. But what's the allure for somebody minor withdraw its stance? It's the look. It's up to me a for me. A great sounding radios a big town with headers. That's the that's the music music to my ears. I don't care about sound system but our system is the hunters so right on it a big Cam so when it comes to electric we know we got horse power. We know the car is brutally fast if you want it it's also it's also not a brilliant technology so you can tell him really cool like we're talking about taking the thirty two low boy really doing it right. Almost you know road racing style big front times Baker making it all I give it. The stance give the look making electric. But when you take away the driving aspect the whole nother alum driving today. My fourteen year old. I have a neighbor next door to me. You think he's twenty doesn't driver's license. Yet that baffles me on Baffles me kids of today. So how do you make them? You know. And that's our job. That's our job to stay. Relevant is to come up with something. Cool which version of self driving hot Rod. I think no but but who really knows. It's it's a matter of watching and listening in you know if it's self driving something that's going to be electric. Probably does that mean. It's going to be. The technology is GONNA be way off the deep end but right now I love I. I'm going to interrupt for one second here. We're going to wrap this segment up here and come back with part two this right after this. Tell everybody how to get in touch with you. Dave and And more about Toy makers in the new show coming up we're all the digital platforms obviously instagram facebook twitter. We're all over Youtube we got. We're on the history dot com on the new digital platform coming out. We have a new show coming out on the digital platforms. Were filming now which is called the fastest society which is a mix between basically. It's fast furious but with real cars real drivers real racing. I'm GonNa live personally in six different worlds of racing real race cars real motorcycles. We go real fast and you're going to be fun. So it's it's it's right now. It's it's all about digital platform so that's second show is coming out. All the digital platform to toy makers will be a behind the scenes for them so we appreciate you spending time on our digital platform here and we invite you to stick around because we're talk the future here in part to which Dave and from toymakers right here on driven by design..
"toymakers" Discussed on OC Talk Radio
"Time with are driven by designer Brian Thomson. Hey Bryant beep beep when it's been a really great one. I'm excited because we ended the last one we're didn't end of the future of creativity and the future of transportation and Let me set it up here. We let me set it after we've got with us a rare opportunity to talk with the man you've seen on TV Dave anchen CEO of toymakers and a former motorcycle stunt rider racecar driver and stuntman. He's known for the extreme vehicle creations that he personally tests and takes to the limit on his show like the one that caught our eye here Welcome to the show here Dave. And thanks for having me guys around to. I'm excited. This looks good. Tell us just quickly. About a couple of the cars that you just created like this one this sixties style street digger. Why where what's it all about? And then we'll talk about where we think. This is all going. You know as a Kid. My Dad brought me to the drag strip all the time and the front engine digger was just nasty fast except behind the rear tyres slogan your face big blown motors and I remember looking at them and they were. They were bad cars back then. They were fast. Put that on the street and I laughed at me. I was a kid so I always said look one day. I'm GONNA be doing with two seats. It's GONNA have cupholder cell phones back then but mine does that. Has It all and put it on the street of course in a field where I get to do that at this point? Three thousand horsepower. It's got wireless cell phone charger. I mean it's blinkers turn signals to parachutes. I mean it's as bad as it gets and arguably one of the faster street cars on the planet so that same well. Everybody is afraid of what Brian Stewart? Right now. Here he's taken transportation and turning taken us out of the role of drivers but as he says all the time. That's a fear but it's also an opportunity to take his place. Is this like the old stagecoach were sitting face to face? Is that a bedroom is a office. Is that a mobile platform where we do other things. We have any visit a dance studio. I don't know what is it Brian where I literally. Let's talk about some of that which you're doing and then see if we can bring these two worlds together where we're making these extreme one offs and you're trying to make you know mass transportation. Yeah and this is one of the things I love. I was really excited to talk with David about this. Because we work in two opposite ends of the field but we're both driven by the similar spark of passion which is creating something that makes you feel something and what I love about. The world of automotive design is how much it's changed in the last twenty years and I've been doing it and It's gone from being you know doing things that are very Sort of Mama Bear Papa. Bear baby bear. Let's say like Altima Maxima Centra type situation to a blue-sky world where there is no steering wheel. And so what does that when whenever we get into something. That's unknown territory. Where there's a pioneer there's always going to be feared because that people will be afraid of change or they're going to lose something and this case it would be losing the visceral feeling a love of driving because as we all think anybody listen to the show would agree. Driving is a visceral experience. It's Cathartic it's something we love about it and you the world Self driving car. No longer you. It's lost something. It doesn't take that same place rain. Yeah doesn't take that same place and so on the on the flip side. What I think. A lot of the work that I'm doing is is to solve problems like commuting delivery etc things where you are not actually enjoying driving. Let's say if you're sitting in Los Angeles traffic for hours at a time. You know there's a million things you could be doing so it's creating a social space and an experience that you will have in a vehicle. That would be an interesting space whether it's with your friends or you're doing some work at Cetera etc because you're sort of the architecture of the vehicles is changing and you're facing each other now on the flip side of all that is that love for driving and me personally even as a person who designed self driving cars and nothing. I'm working on professionally even as a steering wheel anymore. I personally drive a Fiat. Five hundred apart. That's like a little. You Know Nasty Dragon and I love the manual shift and I loved the way it makes me feel when I drive it. And that's why I wanNA lead into what David's doing is somewhere in the future that doesn't exist yet. There's a place where these two worlds have merged. And they're the norm and I and I'd love to see for example David's take on taking. Let's say ten years from now or war or let's just say we're able to give David a prototype from the future you know knowing. This technology works act to the future. We're going to put them in a delorean and shoot him into the future here. Okay yeah yeah or even just bringing the future back to him because you know a lot of this stuff. I work on at like seven to ten years. Our technology works. This is not ready for Primetime. So we gave David One of these little boxes. Let's say something. It looks like a stage coach but no horse. What would you do with it? That's what I'd love to see. I listen I again. I'm old enough that I've I've lived through all everything you're talking about. You know in change does scare people and people don't WanNa Change. They love what they have for numerous like you said when it comes to drive. There's more driving than than people you're right there. There's times when you want to sit and you want to be left alone. You you'd rather be on your phone or doing worth working for work. You could save time. Also people don't like to drive to relax get out there and actually feel what you've built. How you built. It feels erode in feel almost eagle base. I don't WanNa call illegal based Eagle Base. My wife's hotter than Norway. My I make more money on. My car is faster than your car in that man. That's an old instinct when you were you caveman. You know my clubs bigger than your club. The measuring contest is when I really isn't when when I think of self driving interest your ticks me to take my man I go up here and we gotta drive a speed limit. Why because cars driving itself being who I am for the last few years. I want to find that company that I can lead the charge into that. Because it's coming. I know which combine I? I see them all the time. I'm involved in the industry so I know it's there but if you could do that in somehow still figuring out how to individual is that a man because I know women that are way more aggressive than I am but the the Eagle of US humid. Maybe that's a better way. So does it become a the interior space? Is the man cave part of it? Mind SCOTT BAR IN MIND Scott a Jacuzzi hot tub and something. I don't know a pool table I think there needs to be a variety of. What do you like a cell phone users? A MAC daddy cellphone in a flip phone. You don't end up being the same thing I personally would love to sit down and have my car sitting here and I'm telling you I'm trying so hard right now to do that already that I developed my own or be a part of the hot rog version of that. And what makes that cool to what makes that. Utah sensory which is true. You want that. Feel the sound of the horse power but you know what makes it cool for somebody like me or in five world that goes. I've Never Dr. Well you're right because they're gonNA drive for you what they're gonna do but if it's so cool that you can't say no you know it's like it doesn't you there today. I'd never owned a cell phone. I keep saying I can't live without mind. There'll be a day I don't remember sound over. There was a day. I'd never said I'd never have an answering machine. Why do I need to call me? But now it's three. So what about this? Brian is it. The interior space. Are we turning? Are we turning that again for those Dr- self-driving moments when we just WANNA be a commuter? Is there a way to turn that into a personalized space into a man cave into a workspace into something? That's cooler that I just gotTa have. You know I think the great way to look at it for at least in this world that I live in I love to think of the whole thing is a holistic experience. Meaning you're an extra year what I what I related to. I think we're we're going which I think where which allows for the creativity. More creativity from every end of industry is think of Arthudi- two and Luke skywalker in the x wing fighter. Now excellent fighter. Is You know it was an older machine? When Luke had it and he could manually fly it and he was really skilled but in those moments when he needed a little help he had are to there to help him and I often wonder if the future of driving isn't more like that where I will go to the polar end of the spectrum where it's like okay now. The car does everything. But it's numbing because it's not interesting and we want that control. We want that perception of control that idea to take be able to take over and I often wonder like if you know. Let's say we. Let's say that you know David I worked on a Self-driving let's say and it was doesn't cool box in the interior spaces is great. You know visceral hot rod style space but the occupant could take over and really drive this thing for a moment when you know when everybody else is out. Or if he's show off. I think there's some creativity in that world where you give the person control and and when I say perception of control what I mean is like for example in modern vehicles when you step on the breaks. You're actually not doing anything. You're just telling a computer you WANNA stop in the computers doing it but what I love about. What David Does is when you step on the breaks in one of David's cars? You're pushing mechanical lever. That's actually clamping. You know the the the the dish you stop in the car your foot. The hardy push the harder it stops right and I. I think I don't think anybody's exploring that at this point. The actual manual override guys. You're talking about two different things though. Think about this from the get onto airplane. Trust somebody else get you there you we we all get on a train. There's no difference in a self driving Hawk natural fit. There's two different things. Transportation is one thing. I WON'T HAVE NO PROBLEM JUMPING and self driving car to bring me to two hours down the road because I want to relax work on my computer work on the presentation on the way any more than you object taking a little little train commander out to the airplane in the airport or whatever here. There's no different. You're trusting somebody else to get you there or a computer or he's exactly right right now in. An OEM caller. You don't have no. There's no cable there's no brush. I mean computer. Does it all anyway? But you know the difference is there's a difference between. I don't think I don't think the public soon give. I think it's just a natural progression. It's like like jumping. I'm trying who cares. Um It's it's the every day thing on the Sunday afternoon when you WanNa walk up and you know I there's A. There's a fine line there. Three commuting and driving commuting driving exactly exactly right so let me ask you a question one of Bryan's earlier guests this remember who had this insight but maybe cars become horses. And here's the analogy. Once upon a time the horse was everyday transportation it wasn't too exotic. It just got you from point. A. TO POINT B. Then we came up with machines horseless carriages. That got us. There and horse was relegated to someplace else. The horse was now probably.
"toymakers" Discussed on Newsradio 1200 WOAI
"The Wall Street journal Ellen what's up here here there are a lot of big names in the play I'll who are celebrating client days so Barbie is turned sixty the street he two forty and on and on Bob is twenty years old and I was interested in looking at how poorly makers celebrate Barbie turning sixty one not turning off kids who just want a new toy right because kids don't care that Barbies sixty the sponge Bob is twenty or the Sesame Street is fifty right they want what's now right eagle marketing tool tapping into nostalgia utterly does not work with children they they want something fun and preferably new and fresh to play with so what's the toy maker to do because it's not necessarily the kids who were laying out the money for these things right precisely why there's this interesting dual approach to happen and it's happening right under their noses right now I talked to a lot of toymakers who say that turning the sixty even twenty really big competitive advantage and executing it the right way is crucial and a lot of them did that your packaging so they would highlight the birthday on the packaging that would catch the attention of the grown ups either walking down the aisle or browsing really quickly on online but then once the twenty is opened it's just a cool new toy and the child would probably have no idea that the Barbie they're playing with his old grandmother stick with Ellen Byron reporter at the Wall Street journal her pieces called Barbie at sixty triple you'll pursuit at forty toy makers navigate mid life well stood out here in terms of some of these toys and other being marketed right now on the special anniversaries so it basically anytime you stroll down that way I'll you're gonna see little mermaid toys for example the toymakers behind the little mermaid franchise and to celebrate little mermaid turning thirty with that they looked for minor moment in the in the story and then the film for example when Ariel is singing with her sisters and they took those smaller moments and made them to commemorate this particular anniversary and so that not only god new toys in the hands of kids but it also made the grown up take a second look at little mermaid toys because they were remembering moment maybe they hadn't thought about for thirty years since they saw the film and that was an interesting wait it really expand story that we thought we all knew they sell Ellen Byron reporter at the Wall Street journal thirty minutes now after the hour.
"toymakers" Discussed on 106.1 FM WTKK
"Want to find new toy right because kids don't care that Barbie sixty that SpongeBob is twenty or the Sesame Street is fifty right they want what's new right eagle marketing tool capping into the skulltula utterly does not work with children they they want something fun and possibly new and fresh to play with so what's the toy maker to do because it's not necessarily the kids who were laying out the money for these things right precisely and that's why there's this interesting dual approach that happen and it's happening right under their noses right now I talked to a lot of toymakers who say that turning fifty sixty even twenty really big competitive advantage and sell executing it the right way is crucial and a lot of them did that your packaging so they would highlight the birthday on the packaging so that it would catch the attention of the grown ups either walking down the aisle or browsing really quickly on online and once the twenty is opened it's just a cool new toy and the child we have no idea that the Barbie they're playing with his old grandmother stick with Ellen Byron reporter at the Wall Street journal her pieces called Barbie at sixty trivial pursuit at forty toy makers navigate mid life well stood out here in terms of some of these toys and other being marketed right now on the special anniversaries so it basically anytime you stroll down that way I'll you're gonna see little mermaid toys for example the toymakers behind the little mermaid franchise did this time around to celebrate little mermaid turning thirty with that they looked for minor moments in the in the story and in the film for example when Ariel is singing with her sisters and they took those smaller moments and made twenty five of them to commemorate this particular anniversary and so that not only god can new toys in the hands of kids but it also made the grown up take a second look at little mermaid toys because they were remembering moments that maybe they hadn't thought about for thirty years thank god the film and that was an interesting wait it really expand story that we thought we all knew they sell Ellen Byron reporter.
Barbie at 60? Trivial Pursuit at 40? Toymakers Navigate Midlife
"It basically anytime you stroll down that way I'll you're gonna see little mermaid toys for example the toymakers behind the little mermaid franchise did this time around to celebrate little mermaid turning thirty with that they looked for minor moments in the in the story and in the film for example when Ariel is singing with her sisters and they took those smaller moments and made twenty five of them to commemorate this particular anniversary and so that not only god can new toys in the hands of kids but it also made the grown up take a second look at little mermaid toys because they were remembering moments that maybe they hadn't thought about for thirty years thank god the film and that was an interesting wait it really expand story that we thought we all
"toymakers" Discussed on KTOK
"Nostalgia without turning off the child has a story by Ellin Byron reporter at the Wall Street journal Ellen what's up here here there are a lot of big names and that way I'll who are celebrating giant per day so Barbie is turned sixty the street fifty two forty and on and on Bunge Bob is twenty years old and I was interested in looking at how twenty makers celebrate Barbie turning sixty one not turning off kids who just want a fun new toy right because kids don't care that Barbie is sixty the SpongeBob is twenty or the Sesame Street is fifty right they want what's new right age old marketing tool of tapping into nostalgia utterly does not work with children they they want something fun and probably new and fresh to play with so what's the toy maker to do because it's not necessarily the kids who were laying out the money for these things right precisely and that's why there's this interesting dual approach that happened and it's happening right under their noses you right now I talked to a lot of toymakers who say that turning fifty sixty even twenty really big competitive advantage and executing it the right way is crucial and a lot of them did that your packaging so they would highlight the birthday on the packaging so that it would catch the attention of the grown ups either walking down the aisle or browsing relief quickly on online but then once the twenty is opened it's just a cool new toy and the child would probably have no idea that the Barbie they're playing with his old grandmother speak with Ellen Byron reporter at the Wall Street journal her pieces called Barbie at sixty trivial pursuit at forty toy makers navigate mid life well stood out here in terms of some of these toys and other being marketed right now on the special anniversaries so basically anytime you stroll down the way I'll you're gonna see little mermaid toys for example the toymakers behind the little mermaid franchise did this time around to celebrate little mermaid turning thirty with that they looked for minor moment in the in the story and in the film for example when Ariel is singing with her sisters and they took those smaller moments and made twenty five of them to commemorate this particular anniversary and sell that not only god can new toys in the hands of kids but it also made the grown up take a second look at little mermaid toys because they were remembering moments that maybe they hadn't thought about for thirty years since they saw the film and that was an interesting wait it really expand a story that we thought we all knew they sell Ellen Byron reporter at the Wall Street journal thirty minutes now after the hour on this morning America's first news okay almost city helpwanted dot com some of the employee of the month the one employee you can't live without the others let's just call them Dave Hey what is called me Hey Dave I think it.
"toymakers" Discussed on KTAR 92.3FM
"A story by Ellin Byron reporter at the Wall Street journal Ellen what's up here here there are a lot of big names and that way I'll who are celebrating giant stays so Barbie is turned sixty the street the two forty and on and on Bunge Bob is twenty years old and I was interested in looking at how twenty makers celebrate Barbie turning sixty one not turning off kids who gets one a fun new toy right because kids don't care that Barbie is sixty the sponge Bob is twenty or the Sesame Street is fifty right they want what's new right eagle marketing tool of tapping into nostalgia utterly does not work with children they they want something fun and probably new and fresh to play with so what's the toy maker to do because it's not necessarily the kids who were laying out the money for these things right precisely and that's why there's this interesting dual approach that happened and it's happening right under their noses right now I talked to a lot of toymakers who say that turning fifty sixty even twenty really big competitive advantage and sell executing it the right way is crucial and a lot of them did that your packaging so they would highlight the birthday on the packaging so that it would catch the attention of the grown ups either walking down the aisle or browsing relief quickly on online but then once the twenty is opened it's just a cool new toy and the child would probably have no idea that the Barbie they're playing with his old grandmother see with Ellen Byron reporter at the Wall Street journal her pieces called Barbie at sixty trivial pursuit at forty toy makers navigate mid life well stood out here in terms of some of these toys and other being marketed right now on the special anniversaries so it's basically anytime you stroll down the way I'll you're gonna see little mermaid twice for example the toymakers behind the little mermaid franchise did this time around to celebrate little mermaid turning thirty with that they looked for minor moments in the in the story and in the film for example when Ariel is singing with her sisters and they took those smaller moments and made toys out of them to commemorate this particular anniversary and so that not only god can new toys in the hands of kids but it also made the grown up take a second look at little mermaid toys because they were remembering moments that maybe they hadn't thought about for thirty years since they saw the film and that was an interesting waited really expand a story that we thought we all knew they sell Ellen Byron reporter at the Wall Street journal thirty minutes now after the hour on this morning America's first news bring these changes in the office is a pretty great idea Mr Evers yeah everyone seems less stressed when they can manage to.
How Lego Took Over the Toy World
"In a year then goodyear here's a clue those tires well you'll never see them in traffic it here's another it's notorious for causing theme two souls of bare feet all over the world still guessing it's Lego accompanied that started as a tiny manufacturer of wooden toys that built itself into an empire of plastic locks that have provided kids with millions of hours of fun though why is it that adults are always the ones to step up anyway. The story of legos starts in the nineteen thirties in Denmark with a master carpenter named Ole Kirk Christianson with the Great Depression in full swing Christianson desperately needed a way to earn money so he used his skill with would to start a company that made all sorts of things step ladders ironing boards and an entirely new line of wooden toys yoyos trucks duck on wheels Christians and called his company Lego a Portmanteau of the Danish words for play and well according to David C Robinson author of a history of the lego company Christianson ran the business all on his own while raising four sons survived the Great Depression it survived the German invasion of Denmark in even survived fire that destroyed its factory including all of the blueprints for new toys in the one thousand nine hundred he's Lego began producing what it called automatic binding bricks from wood but plastic completely new idea a British inventor already developed the stackable plastic cubes with studs on top but Christianson modified the concept by sharpening the edges and in the one thousand nine hundred fifty s keep them the formal name Lego bricks the six were a hard sell they weren't sturdy they didn't stick together in the hollow plastic cubes just did not sell then in one thousand nine hundred fifty eight got a patent for an idea the company had been working on for years a new study and to design that let the bricks snap together without coming apart Christianson died the same year leaving his son to take over the company so he never had the chance to see what happened next eight total revolution in children's toys after watching children play with the bricks oh executives realized their future success was not about the brick itself but about the world's it could help create and so began expanding its offerings with the brick as the cornerstone in the one thousand nine hundred sixties the company's Brick Smith's invented go we'll around brick with a rubber tire in the nineteen seventies they were miniature figures to populate the Lego towns then castles with nights kings and Queens astronauts came soon after by this time toymakers around the world were trying to replicate goes success when the last of legos patents for its bricks expired in the late nineteen eighty s the company tried to fight back against imposters and failed but it hardly mattered lego experienced double digit growth in sales with control of over eighty percent of the toy instruction and then in the nineteen ninety s Lego found another way to solidify its place the imaginations of kids and their parents Lucasfilm was about to release its first Prequel to the original star wars gives their wanted to license a set of Star Wars toys to come out at the same time at first like executives were wary they value it their companies independence and worried about aligning themselves with a franchise that contained violence but the company surveyed parents and they didn't mind the partnership so the result was the phantom menace Lego line then someone else came along Harry Potter the company's path has always been upwards though in the early two thousands After expanding rapidly into other businesses like those sales sank and they were forced to shut down several theme parks and kill off poor performing product lines. Lego went back to basics those lovable stackable bricks just recently they released a new set
Hasbro’s poor earnings report tells a trade war story
"The calendar proper says it's fall all the counter according to Wall Street says it's earning season and in general corporate America's doing alright that sentiment however does not extend to Hasbro the third quarter was not kind the toymaker reported profits of this morning that we're well below estimates of earnings news that is actually the story of the trade war in miniature three of tariff announcements and delays and the chaos that makes it one company just ahead of its most important season marketplace's Merrill Sagarra tells the tale in the Toy Business Chris Miss Comes in the summer that's when retailer start stocking up getting shipments of toys from Hasbro and other manufacturers they can buy those toys directly from Hasbro in the US were they can import the toys from Hasbro factories the retailer buys the product from them in China the retailer puts it on their own ship you know there's a lot mark target the big guys and they ship it to the US themselves that's Linda Bolton Wiser managing director at Da Davidson? She says a lot of retailers do this because it's cheaper they get discounts is an economy of scale but the calculation was different this summer retailers were staring down a deadline September first that was when new tariffs were supposed to go into effect on toys and lots of other stuff coming from China tariffs the retailers did not want to pay therefore if you're a retailer between June and July August you're saying Oh my God we have to change the order retailers started cancelling their shipments from China they told Hasbro to import the toys itself and tariffs to Hasbro had to scramble they had the rush around and get whatever freight on the ocean from China and they had to pay more you're but those tariffs everyone was freaking out about they didn't go into effect in September in August the trump administration delayed them until mid December to save the holiday. being season but that didn't help Hasbro the toys have already been put on the bow it takes six weeks on the boat so it's too late you can't switch it back you know and that's the problem it's not just the tariffs it's the whole on again off again thing the uncertainty Garrick Johnson is equity research analyst at B. M. O. Capital markets uncertainty is often worse than bad news because you do assume the worst and not knowing how to plan especially for very seasonal business has been very different old and this won't be the end of it for Hasbro because those tariffs are still slated to go into effect on December fifteenth unless they don't I'm Maryelle Sagarra for marketplace
What Trade Talks Mean for Big Tech
"Better faster greener super micro resource-saving server and storage systems with intel zeon scalable processors reduce the cost and environmental impact of your enterprise infrastructure learn more at super micro dot com. This is tech news briefing. I'm tanya boost reporting from the newsroom in new york last week. Tech stocks soared on the news that the trump administration plans to delay items from chinese imports facing tariffs this week we look at how trade talks are impacting the tech sector overall and hear the latest from president trump on the matter. That's after these tyke headlines. Delta airlines is suing artificial intelligence company that powered a chat bot on the carrier's website accusing it of lax cybersecurity that caused a twenty-seven data-breach delta's lawsuit filed last week in the u._s. District court court for the southern district of new york alleges that the chat bot provider twenty four seven a lacked basic cyber security safeguards while running the a._i. Powered device on delta's website the suit also says twenty four seven waited more than five months to inform the airline of the breach instead of telling it immediately it did so using linked in instead official channels potentially violating the company's contract. It gets stickier. W._s._j.'s catherine stop has the story at wsj.com. The the airport phenomenon is starting to pay dividends for apple recent estimates show that the wireless air buds could account for six billion dollars in revenue this fiscal year u._b._s. estimates about seven percent of apple's nine hundred million iphone users have air pods it also projects. The percentage will rise to thirteen percent in fiscal twenty twenty twenty. That's when it expects apple to ship fifty one million units for seven point seven billion dollars in revenue that kind of growth would make them more popular than the apple watch watch n._f. Apple really wants to use apple sales u._b._s. says it could remove the lightning report and completely transition to wireless charging. The latest installment of electronic arts madden n._f._l. Was allies best selling video game in the u._s. And now also the eighth best selling game of the year to date july also marked the twentieth consecutive time madden has been the best selling title of its released month and the game maintains a firm grip on its reign as is the best selling sports property in u._s. Video game history coming up how trade talks impacted tech sector and what president trump has to say on the matter better faster greener super micro resource-saving server and storage systems with intel zeon scalable processors reduced the cost and environmental impact of your enterprise infrastructure learn more at super micro dot com last week the trump administration asian announced a plan to delay and remove items from the three hundred billion dollars of chinese imports facing tariffs on september one the stock market responded shares shares of technology companies in particular outperformed because smartphones laptops computers and toys are among the categories benefiting from the tariff reprieve. You've for example shares of department stores. Discount chains and toymakers saw big gains best buy electric's shares added more than six percent and apple added more than four percent. Since of course it's iphones are made in china and would be spared tariffs until at least december barron's jeffrey cain has more jump came after the trump administration announced that it would postpone spohn tariffs delaying them means that american consumers while feel the tariffs potential impact and certain chinese-made products including laptops and cell phones until mid december when they shop for back to school and for the holidays still alice cautioned that a trade deal between beijing and washington is a long way off this weekend exiting marine one in morristown astound new jersey president trump addressed the issue. So where do things stand rid of. I wanted to make a bad deal and settle on china. The market would go up but it wouldn't be the right. Oh i think i'm just not ready to make a deal. You jonah would like to make a deal. I'm not ready getting to the heart of the matter. What does this ultimately mean for. Our technological endeavors end the devices that get us there. President trump informs us up his latest with apple c._e._o. Tim cook for some possible. Hints had a very good meeting with tim. Cook a lot of respect for tim cook and tim was talking about tariffs and you know one of the things and you made a good case is that samsung is the number one competitor competitor and samsung is not being terrorists because they're based in south korea and it's tough for apple pay tariffs if they competing with day very good company. That's not i said how good a competitor. He said they are very good. Competitor so samsung is not being terrorist because they're based in a different location and mostly south korea but they're based in south korea and i thought he made a very compelling argument so i'm thinking about it as for how this all pans out of perspective you've timeline. W._s._j.'s jerry cyb aims to wrap it up. If there's going to be an adverse impact on consumers on those products now it will come after the christmas season is over. That's not a coincidence and a good thing for the president. Politically for more details had to wsj.com. That's it for the tech news briefing from the newsroom in new york. I'm tanya bustos. Thanks for listening.
"toymakers" Discussed on Newsradio 1200 WOAI
"Management unit to Charles Schwab for nearly two billion dollars the deal has to be approved by federal regulators and we'll make Charles Schwab the exclusive brokerage and wealth management provider for USA a members and the state sales tax holiday is coming up next month but we can of tax free back to school purchases a schedule for Friday through Sunday August ninth through the eleventh the law exam certain items priced below a hundred dollars from the state sales tax including clothing shoes school supplies and backpacks shoppers save about eight dollars on every one hundred Bucks they spend the cowboys are ready to start their training camp in Oxnard California the running back Ezekiel Elliott is not there Elliot has until this morning to report to training camp on his own Elliott is reportedly holding out for a new contract Amazon's prime day has gotten so big that companies are coming up with stuff to sell specifically for it Jeanne Meserve ready of Bloomberg has this and focus report with Amazon prime day twenty nineteen in the books toy companies are sizing up potential hits and misses thing holiday outside of what we typically think about it the toy holiday this year toymakers including Barbies Mattel and Bratz dolls maker am G. A. entertainment offered new products for Amazon's mid summer sales event Stephanie we sink as an analyst at Jefferies she says the toy companies are learning about how consumers are changing their behaviors both online and off working companies had sting ideas in the middle of July to see what the consumer responsive and that will help inform their strategies or the big important holiday in the fourth quarter Jeff resist amazed at some seventy percent of toys sales occur in the final three months of the year and well July is typically a slow time for toys sales the bankruptcy of toys R. us is given toy makers another prime motivation to make a big splash on prime day all the time makers are paying more attention to Amazon given the absence of toys R..
"toymakers" Discussed on 90.3 KAZU
"Write in the same way. It's not supposed to the supreme court, but I do know that there's interest in signaling their reigning in big tech, Google and YouTube have been accused of leaving children vulnerable to. Pedophile 's privacy and watchdog groups have for years, charged that the companies are illegally gathering data on children, and that they're targeting videos at children. That would never have passed muster in the TV days, these videos are commercials paid for by toymakers like many of the unbalancing videos. Angela Campbell a law professor at Georgetown University whose filed numerous complaints to the FTC about Google and its partners points out. They are not the only ones this problem has gone on for a long time, and it's just sort of, you know, nor and I think, you know, it's down just gotten too big nor Google and NPR sponsor declined to comment on potential. FTC action. Campbell says that after years of inaction she seeing kind of bipartisan consensus forming with Democrats concerned about privacy violations, and Republicans about inappropriate content landing in front of kids eyeballs, though, some content is just silly and here we actually. Shahani NPR news. You're listening to all things considered from NPR news. Economy might be strong, but for some, it is an ongoing struggle. I mean, we are on the front lines of this war, and paying some pretty high economic costs. The farm belts already is already got to experience the real of these trade wars on KYW, Rozelle, trade, politics and economics, who it's all working for and working against a marketplace. That's marketplace..
"toymakers" Discussed on WNYC 93.9 FM
"The same way. It's not supposed to affect the supreme court, but I do know that there's interest in signaling their reigning in big tech, Google and YouTube have been accused. Of leaving children vulnerable to pedophile. Privacy and watchdog groups have for years, charged at the companies are illegally gathering data on children, and that they're targeting videos at children. That would never have passed muster in the TV days, these videos are commercials paid for by toymakers like many of the unbalancing videos. Angela Campbell a law professor at Georgetown University whose filed numerous complaints to the FTC abou- Google and its partners points out. They are not the only ones this problem has gone on for a long time, and it's just sort of been, you know, nor and I think, you know, it's down just gotten too big take nor Google and NPR sponsor declined to comment on potential. FTC action. Campbell says that after years of inaction she seeing kind of bipartisan consensus forming with Democrats concerned about privacy violations, and Republicans about inappropriate content landing in front of kids eyeballs though some content is just silly here. We actually. RT Shahani NPR news. And you're listening to all things considered. That's right. It's all things considered on WNYC. I'm shumita best sue with you here in New York. A quick women's World Cup update the United States is currently beating Sweden. Two zero there about fifty nine minutes into game time. We'll be keeping an eye on that just ahead on all things considered. Former vice president, Joe Biden is facing criticism from fellow Democrats for the way he talked about to segregationists, senators using the word boy in the way he.
"toymakers" Discussed on First Class Fatherhood
"So if you haven't seen the latest crew detective I encourage folks to check it out. Awesome. All right. Last thing we're gonna you would hear Michael, I love to ask all the das- that I get on the podcast. What type of advice, do you have that new dad or for that, about the beep? Other who's out there listening. I would say you know what I used to say this just for parents of autistic, kids think it's relevant for all parents to be willing to be willing to meet your kid half way, when it comes to doing things that are new or challenging or things are outside our typical comfort zone. I've found that that. Keeping my son, just a little uncomfortable with with new experiences has paid huge dividends for us. 'cause the relationship we have allows him to kind of step outside that comfort zone and push a little further, you know, and the better your relationship with your kid, I've found in my experience that, that they want to they want to, please you. They wanna make you proud. And so, yeah, I would say if you're new dad just set your expectations within within your child's reach and just help them attain that. Yeah. Very well sad. I love the message. This has been an honor for me. I gotta say, thank you for your service, Michael, broddrick, your first last father, and thank you so much for give me a few minutes time on first-class fatherhood Alec. Thanks for having me, man, I hope to shake hands sometime soon because I love that jersey accent, baby. That's where I'm from. We can make that happen either out there or you're in jersey. All right. I'll be right back with a couple of closing thoughts. Dr wrap things up here on I gotta give a special. Thank you, once again, a Michael broddrick for giving me a few minutes of his time, here, it was so cool. Please me up on Twitter. Guys drop me DM over on Instagram. I always love to redefine back such an honor to always have our military veterans here on the show got another one coming out this week on Friday form navy seal, Dan, Luna will be here for a frogman Friday tomorrow on the show. We got history channel's toymakers star, David, and then going to be joining me here. You don't wanna miss out on that. That's all I got for you guys today. I'm Alec lace. You have been listening to first class fatherhood, and please remember guys, we are not babysitters. We are fathers and we're not just fathers. We are first class fathers. So. Down. Dukes town. I open. No. Tau..
"toymakers" Discussed on WBZ NewsRadio 1030
"Here's the latest in business from Bloomberg reveal fancy production. No scripts, but these YouTube videos have taken the place of commercials for toys such as the L surprise a plastic sphere. That contains a miniature doll and its accessories. The toy became a sellout in weeks. And did so without a single TV ad toymakers have come to realize these videos in this case from kid toy testers a family from Omaha or viral goals. What you're seeing is a shift in how companies are communicating with their already become more for way Bilo. Alex, partner's director Jitender Batra says unbalancing videos. Do what commercials can't they let kids imagine themselves opening and playing with the toys in question able to kind of see where bed that in Expedia than the able to communicate with your calls at the water cooler experience and says toy companies need to be more nimble. I'm Joan Doniger, Bloomberg business on WBZ. Boston's newsradio. Joan it's nine thirty nine a very tough and sombre day for the law enforcement community in Ohio mourning the loss of one of their own after an hours long standoff, captain Jeff sellers. Clermont county sheriff's office says two of his deputies. Were hit the second deputy is listed a stable at the university of Cincinnati medical center. ABC? Stephanie Ramos has more details. Forties. Reportedly used megaphones to negotiate with the suspect. That suspect is now in custody following that twelve hour long standoff, and it was a very tense and chaotic scene for residents and officers there overnight the suspect was taken into police custody around six thirty this morning after that hours long standoff. Police originally responded around seven o'clock last night to the Royal oaks apartments in a community. That's located about twenty miles east of Cincinnati. Virginia. Governor Ralph Northam is resisting widespread calls for him to step down over a racist. Photo this surfaced in his nineteen Eighty-four medical school yearbook. He maintains a he does not believe that it was him in those photos. I am not and will not excuse the.
'Pooey Puitton' purse said to irk Louis Vuitton, prompts lawsuit
"Purse for children called Puxi Pui proton. I wish I didn't need to go into detail, but the handbag is poop shaped and filled with little packets of slime powder to make rainbow colored unicorn poop, the toymaker argues. It's purse is protected parody designed to mock criticize and make fun of the wealth and celebrity associated with Louis Vuitton products. Though. I must say it comes with a plenty steep price tag for a toy fifty nine ninety
A Toy Story: FAO Schwarz Returns
"Business wars daily is brought to you by the podcast the growth show each week. They explore inspiring stories that get to the heart of how people grow a business an idea or movement. Stay tuned at the end of this episode here a little more about this fascinating new show. From wondering, I'm David Brown. And this is business wars daily on Thursday, December sixth. Oh, the nostalgia. The toy store to end all toy stores. FAO Schwarz is back after closing its flagship New York store suddenly three years ago due to rising rents its owners have opened up a new flagship store in New York City at Rockefeller Center, and for some it's as if Santa Claus himself has shown up in the flesh walk into the Manhattan shop and you'll see the famous piano on the floor the same one that Tom Hanks danced on in the movie big. And of course, FAO's famous toy soldiers everywhere when it comes to business. The return of FAO Schwarz is both smart and predictable since this holiday season. There's a billion dollar gap in the toy market following the toys, R us, bankruptcy, and who wouldn't wanna fill that. But says the New York Times, this is not your childhoods FAO Schwarz. It's private equity owners are mostly opening. Small pop up stores within other retailers. That's the same strategy Jeffries toy box, the reincarnated toys R us is using popping up small shops. In supermarkets the point is to avoid expensive real estate leases and bringing in too much inventory as FAO had done before. Some critics though are calling the reincarnated company a shell of its former self and some toy manufacturers are angry FAO wants the toy makers to put their products on store shelves, but the company will only pay vendors for the toys that actually sell rather than buying inventory outright from vendors to toymakers. It looks like FAO wants the prophets, but none of the risk and some are refusing to participate the variety of inventory could pale compared to the old days. This new retailer won't be the wildly imaginative candy store of a toy company that fan. Came to expect still FAO's owners aren't without an appreciation for the wonder. Enjoy the old toy store inspired. And they claim they want employees to bring a sense of theater to their jobs applicants for jobs ranging from cashier to technologist had to audition at an Upper West side theater. Here's hoping the winners will bring some of the old magic back to the new FAO Schwarz. Brome wondering this business daily? We hope you're having a fun filled week. We are, but it'll be a whole lot more fun when we know more about you, please. Visit one dot com slash survey and answer a few questions widget. Thanks. I'm David Brown. See you tomorrow. You know, it's never been easier to start a business, but it's never been harder to grow that business. I want to tell you about a great new podcast called the growth show, which is created by hub spot. They make free and paid tools that help you grow your business each week on the growth show. They explored the inspiring stories behind how people grow a business an idea or a movement. You'll learn about the challenges entrepreneur space in starting a company and you'll hear about some of the most interesting topics in business like social media marketing, the future of bots and the rise of subscription services. They also have some amazing guests on their show like Allie Weiss of glossier and Joe dessino creator of Spartan race, the growth show is chock full of great stories. Amazing guests and helpful advice. Subscribe to the growth show today on tunein Spotify, Stitcher or wherever you listen.
Lego Foundation and Sesame Street Team Up to Help Refugee Children
"The LEGO foundation says it will donate one hundred million dollars to help children affected by the row. Hanger refugee crisis in Bangladesh and the civil war in Syria. The Denmark-based foundation which owns twenty five percent of the shares of LEGO group. The privately held toymaker says the donation will benefit some of the world's most vulnerable children sesame workshop producers of the program Sesame Street will receive the grant
Marvel sales help Hasbro soothe Toys 'R' Us headache
"To. Marketing teams session will, use the new money on a global expansion which also includes new hires for its sales and marketing divisions toymaker, Hasbro. Is still, shaking off the. Rust from this year's toys r. us closing the. Pawtucket Rhode Island's company swings back to, a profit in its second quarter after getting hit with a one hundred million dollar loss in. Q. one toys continue to. Be a tough business though with encouraging signs from its marvel line and gaming, division it's also been met with declines from its transformers division as well and Rhode Island gambling company twin, river is.
Wall Street ends mixed as investors eye earnings
"Wbz news time five oh wade and here she is tracy jonky over a bloomberg what happened today trace not a big day on wall street laurie the dow was down fourteen points at twenty four thousand four forty eight nasdaq down seventeen points the snp up one tenth of a point investors wrestled with some disappointing earnings reports from chipmakers kleenex maker kimberly clark and the toy maker hasbro but shares of hasbro ended up higher the toymaker told investors at the.
Relatives win injunction stopping sales of Frida Kahlo Barbie doll
"West virginia battling over that state's growing drug problem republicans competing in west virginia's senate primary or fighting about who is best positioned to fight the opioid epidemic patrick morrissey the state's attorney general is taking credit for a court victory that just inspired a freshly proposed da rule which could cut down on opioid production but in washington congress cuts the checks for opioid prevention and treatment and the only candidate currently serving there is congressman evan jenkins now a fresh set of eyes on the epidemic comes from the contender fresh out of prison former coal baron don blankenship served a year on misdemeanor charges tied to the upper big branch mine disaster his ideas mirror the president's and blankenship believes jenkins and morrissey each had a chance to address opioids went elected and blewett fox's peter doocy in charleston west virginia a holocaust survivor telling antifascist rally in poland today the current polish leaders tolerate groups would not see inspired ideologies about fifteen hundred people gathering in gdansk protesting a march that far right organisations held in that city last week a win in court for the family but renowned artists over the rights to her image mexican john has blocked a company associated with us toymaker mattel from commercializing the image of artists free to kalo as it seeks to halt sales of barbie doll styled after her the dolls featuring delayed painter were launched in march the company said at the time it reached an agreement with the frida kalo corporation to make the dolls but her grand niece argues the right to belong to her and her family opposed on the family's official twitter account reads the mexico city judge has ordered the frida kahlo corporation to stop using the brand image and work of kalo without permission from the owner of the rights lisa lacerra fox news officials telling us consumers and restaurants to throw out and he's storebought romaine lettuce amid an e coli outbreak that sickened more than fifty people in several states i'm paul stevens fox news radio.
Bratz maker's CEO bids $890 million for Toys 'R' Us stores
"The dow was up one hundred sixty points at the beginning of the day and is down about one hundred sixty as we approached the end it's at twenty four thousand three twenty one the nasdaq down forty three points sap down eleven boeing's engine troubles are a big part of the dow's loss european regulators are drawing up restrictions for flight time and distance because of reliability warnings about the rolls royce engines that power about a quarter of boeing's seven eighty seven's the billionaire behind little tykes toys is offering nine hundred million dollars for toys r us stores in the us and canada about two hundred million is coming from a gofundme campaign isaac larry and started larry and is the toymaker ceo of toymaker mj entertainment he says if toys arrest goes under the industry will suffer and shares of hasbro arising one percent since he made the offer business reports today and thirty eight past the hour i'm tracy jonky bloomberg business on wbz newsradio ten thirty right trason here from a experts from the mit media lab also ibm on cutting edge a innovations we're talking robots and cool gadgets and driverless cars this is all part of our busy breakfast mark your calendars april twentyseventh you do have to register at wbz ten thirty dot com slash breakfast but it's free the cream of the running crop descends on boston ahead of monday's marathon wbz's carl stevens headed over to the fairmont copley plaza hotel and he says one of them has local ties she's one of the world's top marathoners and all the elite runners met with the media and everyone locally wanted to hear from the pride of marblehead chalene flanagan as she talked about what it means to come back home on monday here in racing is is more like a personal event for me it's definitely more emotional than maybe some of the other mirror on just because this is where i grew up these are the people that raise me this is where i fell in love with running she said that after winning the new york marathon she feels that peace with her career and that coming back to boston is coming back full circle from the back bay carl stevens wbz newsradio ten thirty.
Wash. officials launched probe into family before fatal crash
"Searchers are still looking for three children believed to have been inside an suv with five other immediate family members when it went over a cliff in california the free spirited family of eight from our state is presumed dead experts say investigators will look at road conditions along with possibilities like brake failure or a blown tired explain why suv plunged off a scenic coastal overlook five members of the hart family have been found dead conic brand name appears to have hit the end of the line komo's brian calvert and its last hope maybe a famous toymaker the world can be full of irony insert your own irony here but i'm talking specifically about a world where moms dads grandparents can't buy toys at toys r us because the company is going out of business youtube artist chase whole fedor mourns in choice there is a million toys a toy service liquidation sales already begun yet before the last great toy store chain rides off into the sunset a hero may be on the horizon investor isaac larry and is writing in on a white hobbyhorse with plans to save the day the great brand name he's an american icon and if there is no toys r us the whole toy i believe we suffered greatly and he would know he definitely has a horse in this race larry and runs m g a entertainment maker of the toy brand little tykes and responsible for those popular braxton make forty percent of the toys made in the usa to toys r us so how is this eccentric toymaker going to.