July 2000
Hasbro Looks for New Profits (Associated Press)
Posted Thursday, July 27, 2000
In the heart of Hasbro Inc.'s headquarters, 9-year-old James Keane bends and twists 12-inch tall Action Man to do battle with archenemy Dr. X.
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Gymboree Recalls About 31,000 Plush Stuffed Toys (Reuters)
Posted Thursday, July 27, 2000
The U.S. Consumer Product Safety Commission on Monday said that Gymboree Corp. (GYMB.O) is recalling about 31,000 stuffed toys after part of a sewing needle was reportedly found in one of the toys and metal pieces were found in 11 toys in the company's inventory.
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Three toy makers start recalls of children's products (Reuters Securities)
Posted Friday, July 21, 2000
The U.S. Consumer Product Safety Commission on Friday said three toy makers have begun recalling more than 2 million children's products after reports of over two dozen injuries and the death of one infant.
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Hasbro Earnings Fall 80 Percent (Associated Press)
Posted Friday, July 21, 2000
Second-quarter earnings at Hasbro Inc. plunged 80 percent due to slower sales in three major product lines, Pokemon, Star Wars and Furby toys and games. The company's shares fell 21 percent on the news.
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Second-Quarter Mattel Earnings Drop (Associated Press)
Posted Friday, July 21, 2000
Second-quarter sales at Mattel Inc. sunk 64 percent in the second quarter as weak international sales offset higher sales of Barbie dolls, Hot Wheels and other top brands.
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Retailer Recalls Doll Feeding Sets (Associated Press)
Posted Saturday, July 15, 2000
About 700,000 doll feeding sets are being recalled by Dollar Tree Stores Inc. because some small parts may pose a choking hazard.
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Steven Spielberg in toy pact with Lego (Reuters)
Posted Saturday, July 15, 2000
If Steven Spielberg could start his career at the age of 8 -- that's when his father gave him his first camera -- why not a new
generation starting their filmmaking careers at that age? Obviously, Steven agrees.
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Toysrus.com Taps D'Arcy/Los Angeles As Ad Agency (Reuters)
Posted Wednesday, July 12, 2000
Toysrus.com, the Internet retail division of Toy company Toys R Us Inc., on Monday said it selected D'Arcy/Los Angeles as its advertising agency.
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Lego Plans Harry Potter Line (Associated Press)
Posted Wednesday, July 12, 2000
The Lego Co. has reached a licensing deal for a line of building block toys based on boy wizard Harry Potter.
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Analysts are high on Vtech despite subpar results for the electronic learning toy company.
Posted Tuesday, July 11, 2000
Vtech may have experienced some hard times in its last fiscal year, but that shouldn't stop you from taking a closer look at the Hong Kong-based electronic learning toy and cordless phone manufacturer, analysts say.
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Government Sues Toysmart.com for Privacy Violations (Reuters)
Posted Tuesday, July 11, 2000
Government regulators filed suit on Monday against a failed online toy retailer to prevent the sale of its customer database, a move that they said violates the company's own privacy policy.
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EU Assembly Toughens Draft Plastic Baby Toy Ban (Reuters)
Posted Friday, July 7, 2000
The European Parliament voted Thursday to toughen a draft law which will ban toys suspected of leaking potentially harmful chemicals into babies mouths when sucked.
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Barbie Gets Rival in Presidential Doll Race (Reuters)
Posted Sunday, July 2, 2000
Barbie, the tippy-toed blonde, has a rival in her playful bid to be the first doll in the White House - and this one can stand on her own two feet.
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Consolidated Stores To Sell KB Toys (Associated Press)
Posted Sunday, July 2, 2000
The nation's second-largest toy store chain is up for sale.
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Irwin Toy posts profit in first quarter (Reuters Securities)
Posted Sunday, July 2, 2000
Irwin Toy Ltd. reported a first-quarter profit on Wednesday, a marked turnaround from the previous year's disappointing results, and unveiled a new global marketing strategy.
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