June 2001
Sexy Tomb Raider Toys Seek Market (Associated Press)
Posted Monday, June 25, 2001
A line of curvaceous Lara Croft action figures is hitting toy stores in connection with the new Lara Croft: Tomb Raider movie, but these toys - modeled on actress Angelina Jolie - aren't aimed at kids.
Read the story
Peter Schneider to Leave Disney (Business Wire
Posted Monday, June 25, 2001
Peter Schneider will step down from his position as chairman of The Walt Disney Studios to start an independent Broadway theater production and investment company partially funded by The Walt Disney Company, it was announced today by Michael D.
Read the story
Fisher-Price Settles Class Action Regarding Defective Power Wheels (Business Wire)
Posted Monday, June 25, 2001
Owners of Power Wheels ride-on toy vehicles purchased before October 22, 1998 are eligible to receive free repairs for electrical defects and up to $20 in compensation under a nationwide class action settlement which has been preliminarily approved.
Read the story
Equity Marketing Recalls 4,300 Toy Cars (Associated Press)
Posted Monday, June 25, 2001
Equity Marketing Inc. is recalling about 4,300 remote-control race cars nationwide because they can overheat and pose a fire hazard.
Read the story
Play-By-Play Toys & Novelties, Inc. Reports Fiscal 2001 Third Quarter Financial Results
Posted Tuesday, June 19, 2001
Play-By-Play Toys & Novelties, Inc. today announced results for the third quarter and nine months ended April 30, 2001.
Read the story
DSI Toys Inc. Reports Consolidation of Operations (Business Wire)
Posted Tuesday, June 19, 2001
DSI Toys Inc. today announced the consolidation of certain of the company's operations.
Read the story
Thousands of Child Products Recalled (Associated Press)
Posted Tuesday, June 19, 2001
The Consumer Product Safety Commission is recalling more than 770,000 children's products, including the largest-ever recall of strollers.
Read the story
Grand Toys to Distribute Toy Biz "The Lord of the Rings" Action Figures and Accessories in Canada
Posted Tuesday, June 12, 2001
Grand Toys today announced that it has been authorized as the Canadian distributor for the Toy Biz product line of figures and accessories based on the New Line Cinema trilogy inspired by J.R.R.
Read the story
Fisher-Price Fined $1.1 Million Over Toy Defect (Reuters)
Posted Tuesday, June 12, 2001
An alleged failure to report defects in its "Power Wheels" line of kiddie cars will cost the Fisher-Price toy company a record $1.1 million fine, say officials at the US Consumer Product Safety Commission (CPSC).
Read the story
Play-By-Play says it cannot pay off bondholders (Reuters Securities)
Posted Tuesday, June 12, 2001
Troubled toy maker Play-By-Play Toys & Novelties Inc. said on Wednesday it does not have enough cash to pay off holders of its defaulted convertible bonds.
Read the story
Toys R Us names John Eyler as chairman (Reuters Securities)
Posted Tuesday, June 12, 2001
Toys R Us Inc., the No. 2 U.S. toy seller, said on Wednesday that it has named president and chief executive John Eyler to serve as its new chairman.
Read the story
Zany Brainy says it won't fight Nasdaq delisting (Reuters Securities)
Posted Monday, June 4, 2001
Toy maker and retailer Zany Brainy Inc., which has filed for Chapter 11 bankruptcy protection, told Nasdaq on Thursday it will not appeal its delisting from that stock market.
Read the story
Grand Toys to Develop Range of Hello Kitty(R) Products
Posted Monday, June 4, 2001
Grand Toys International, Inc. announced today that it has finalized a U.S./Canada agreement with Sanrio, Inc. to develop and distribute a range of Hello Kitty(R) foam products.
Read the story
KB Toys Names Kenneth A. Grady to Vice President, General Counsel and Secretary
Posted Monday, June 4, 2001
Michael L. Glazer, KB Toys' CEO, announced the appointment of Kenneth A. Grady to Vice President, General Counsel and Secretary.
Read the story
Janex International, Inc. Completes the Acquisition of Certain Assets Of Futech Interactive Products, Inc.
Posted Monday, June 4, 2001
Janex International, Inc. - designer, manufacturer, and distributor of unique children's products - announced today that it has completed the acquisition of certain and specific assets of Futech Interactive Products, Inc. - a company that specialized in patented interactive books, toys, games, educational products and stationery as well as select, traditional, related products.
Read the story
