Maria SantosGeneral
Bandai Expands Tamagotchi Licensing Across Asia Ahead of 30Th Anniversary
Cross-sector licensing deals in fashion, cosmetics and K-pop take the Japanese digital pet brand beyond hardware sales in China and South Korea.
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toys
Every story tagged toys on RetailNews Asia: reporting, analysis and market signals from across Asian retail and e-commerce.
Stories tagged toys
48 stories in this topic
Minjun ParkGeneral
52TOYS Opens Hong Kong Airport Store to Expand Global Reach
The Chinese toy brand added a departure hall outlet at Hong Kong International Airport, its third major transport hub opening after Beijing and Macau.
Sarah ChenGeneral
Pop Mart Overseas Revenue Falls 11% as Labubu Toy Craze Cools
Group revenue rose 23.8 per cent to RMB17.17 billion in the first half, supported by double-digit sales growth across mainland China.
Minjun ParkGeneral
Pop Mart First-Half Revenue Rises 23.8% to RMB 17.17 Billion
Plush merchandise sales jumped 60 per cent to RMB 9.82 billion as the Chinese toy maker reduced its revenue reliance on the flagship Labubu character.
Wei ZhangGeneral
Revitalized Toys R Us Hong Kong Celebrates 40 Years with Fresh Experiential Zones and Exclusive Brands
To commemorate its 40th anniversary in Hong Kong, Toys R Us Asia has unveiled a transformed version of its flagship store in the Ocean Terminal, Tsim Sha Tsui. The store originally opened in 1986 and has been revamped to feature nine new in-store themed…
Aiko TanakaGeneral
Miniso Announces Exciting Spin-Off of Top Toy to Launch on Hong Kong Stock Exchange!
People walk past a store of Chinese retailer MINISO Group in Beijing, China Sept. 13, 2021. Photo by Reuters Miniso announced on Friday its plans to spin off its brand Top Toy and launch its initial public offering (IPO) in Hong Kong, riding a wave of…
Aiko TanakaGeneral
Global Toy Market Set to Soar to $446 Billion by 2032: What’s Driving the Boom?
STEM Demand and Technological Integration Drive Global Toy Market Growth The global toy market is on a remarkable trajectory, with projections showing growth from $316.14 billion in 2024 to a whopping $445.97 billion by 2032. This surge represents a compound…
Wei ZhangGeneral
Toys ‘R’ Us Asia names Leo Tsoi as new CEO
The Board of Directors of Toys”R”Us Asia (Holding) Limited, (“Toys”R”Us Asia”), the leading retailer of toy and baby products in ten markets across Asia, today announced the appointment of Leo Tsoi to the role of Chief Executive Officer and member of the…
Sarah ChenLiving
Lego to build $1-bln toy plant in Vietnam
Danish toy company Lego Group will build a $1-billion plant in the southern province of Binh Duong in the second half of next year. It signed a memorandum of understanding Wednesday with the Vietnam-Singapore Industrial Park Joint Venture Company to build the…
Maria SantosGeneral
Colosseum kits and plastic flowers help Lego’s earnings double
Toymaker Lego doubled its earnings in the first six months of the year as customers flocked to its reopened stores to buy Star Wars building sets, model Colosseums and flower bouquets made from its colourful plastic bricks. While parts of the global retail…
Aiko TanakaGeneral
Toys ‘R’ Us to open immersive Australian experience centre
Tru Kids Brands and Candytopia have worked together to create a new, innovative play experience – the Toys R Us Adventure. The immersive experience will celebrate the fun surrounding toys and play, and is scheduled to open mid-October at Brookfield Properties…
Wei ZhangLiving
Mattel turning old Barbies, Matchbox cars and Mega Bloks into new toys
Toymaker Mattel is encouraging kids to return Barbies, Matchbox cars and MEGA Bloks they no longer play with to the company for recycling into new toys. The goal of the company’s new ‘Playback’ program is to recover and reuse materials across all products and…
Aiko TanakaGeneral
Reliance to boost Hamleys India network to 500 stores
A struggling 261-year-old U.K. toy-store chain is seeking a new lease of life in the hands of billionaire Mukesh Ambani, who’s looking to India where about a fifth of the world’s babies are born to fuel its revival. Hamleys, a British retail icon that hasn’t…
Wei ZhangGeneral
8 types of learning toys that every child should have
Throughout time toys have played a significant role in children’s learning and development, especially educational ones. It’s not exaggerating to say that toys are the best companions to our kids. In general, parents do not always have time to be their…
Sarah ChenLiving
Japan retailer turns to cuddly toys to boost Lunar New Year sales
Japan’s cuddly bear character Rilakkumma, who has captured the hearts of children and adults alike with his laidback demeanor, sits on the shelves of a swanky department store in the capital, flanked by Hello Kitty and other plush toys. As the Lunar New Year…
Sarah ChenLiving
Sim Leisur to open theme park at Paradigm Mall
Penang-based theme park developer Sim Leisure Group is to open an indoor recreational center at Paradigm Mall in Petaling Jaya, Malaysia. Sim Leisure has already started the construction of the 35,000sqft indoor recreational center which it will operate as a…