Local toy firms expect to rely on sales of best-known brands.As the area's toy manufacturers prepare to display their 2005 products next week at the American International Toy Fair The American International Toy Fair (the trademarked name uses all capitals for TOY FAIR) is one of a few major toy industry trade shows held around the world. It is held annually in late winter (mid February) in New York City's Toy District (Broadway and 5th Avenue in the mid in New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of , many are betting that what's worked in the past will continue to sell. For Mattel Inc., MGA Entertainment MGA Entertainment is a manufacturer of children's toys and entertainment products founded in 1997. Its products include the Bratz fashion doll line. External links
That means Mattel's Barbie, which posted better than expected holiday sales, MGA's Bratz dolls and Jakks' plug-and-play line of TV games. After struggling for two years against edgier rivals such as Bratz dolls, Barbie sales in the U.S. rose 3 percent in the fourth quarter, compared with the like period a year earlier. In the fourth quarter of 2003, sales were off 25 percent from a year earlier. "In 2005, I'd bet money on Barbie again," said Margaret Whitfield, an analyst with Ryan Beck & Co. To build on tried-and-true brands, manufacturers are trying more product fie-ins and cross-promotional opportunities to keep merchandise in the sights of young buyers year round. Mattel, for one, is pursuing a cross-promotional push for its stalwart toy lines, said spokeswoman Sara Rosales. This year, Mattel is introducing an "American Idol American Idol is an annual American televised singing competition, which began its first season on June 11, 2002. Part of the Idol franchise, it originated from the British reality program Pop Idol. " Barbie doll and play sets. As a follow-up to its December release of a doll based on its "Barbie Fairytopia," a direct-to-DVD movie, it plans a fall line of Fairytopia Jewel Dolls and play sets. In June, the El Segundo-based toymaker
Toymaker (real name Cosmo Krank) is a brand new, original villain in The Batman. He first appeared in Cash for Toys. He is voiced by Patton Oswalt. will also launch a line of themed dolls and accessories to accompany Wait Disney Co.'s release of the "Cinderella" DVD DVD: see digital versatile disc. DVD in full digital video disc or digital versatile disc Type of optical disc. The DVD represents the second generation of compact-disc (CD) technology. . For boys, the company is launching figures, play sets and accessories linked to the March 11 release of the Twentieth Century Fox-animated film "Robots," as well as toys tied to the June 17 release of Warner Bros BROS Brothers BROS Benefits and Retirement Operations Section (King County, Washington) BROS Barnes and Richmond Operatic Society (London, UK) .' "Batman Begins." This includes a high-tech urban tank, and Gotham City Glider figure that can be launched up to 40 feet in the air. Mattel also began shipping products from its Hot Wheels division last month tied to its four-part "AcceleRacers" animated TV series, which is running quarterly on the Cartoon Network. MGA (1) (Monochrome Graphics Adapter) A display adapter that employs Hercules Graphics, combining graphics and text on a monochrome monitor. (2) (Matrox Graphics Accelerator) A trade name used by Matrox Graphics Inc. will try to take share from Barbie by making its Bratz line the biggest focus for 2005. Bratz Babyz, fashion-forward infants with little pets, are meant to be more of an impulse buy due to their lower price point and small size. Other Bratz offerings include Pretty 'N' Punk dolls inspired by the London punk rock scene, glitzy glitz Informal n. Ostentatious showiness; flashiness: "a garish barrage of show-biz glitz" Peter G. Davis. tr.v. Fabulous Bratz, swashbuckling-themed Bratz Treasures and, for spring and summer, a new line of Lil' Bratz called Beach Bash, which is supported by a party house and watercraft vehicles. Jakks Pacific is continuing to expand its line of plug-and-play TV games that contain multiple games in a single joystick. The Malibu-based company signed as many licensing deals as it could in 2003 for its TV games and is growing the line from 12 units in 2004 to more than 20 in 2005. New games are based on "Star Wars," "Mortal Kombat," "Jeopardy," "Wheel of Fortune" and Nickelodeon properties. Jakks is also going to introduce new technology that will be used in its next generation of TV games, said spokeswoman Genna Goldberg. While this is the selling season for toy companies, many in the industry say that the February show is not as significant as it once was. That's because several years ago, the Toy Industry Association The Toy Industry Association, Inc. (TIA) is the not-for-profit trade association for producers and importers of toys and youth entertainment products sold in North America, representing over 500 companies who account for approximately 85% of domestic toy sales. , which puts on Toy Fair, launched an October show. There is also a toy fair in January in Hong Kong. "This was the main avenue used for selling to the trade; however, now with the introduction of the October show, a bit of the emphasis has shifted," said Goldberg. But the media are not invited to the October show. The February event, by contrast, is covered heavily and provides a chance to generate buzz about new products. The options at Toy Fair are slightly overwhelming for Jay Demircift, owner of Puzzle Zoo, a five-store chain as he tries to select what's most important for his 4,500-square-foot stores. "I'm always trying to gauge what's going to be hot, what's great, what's new, what's innovative," Demircift said. "It's hard to gauge because you're looking at stuff that's going to come out in November and December." |
|
||||||||||||||||||

Printer friendly
Cite/link
Email
Feedback
Reader Opinion