“The Toy Industry Times” – December 9, 2022

The Toy Industry Times is a weekly curated list of relevant articles for toy industry professionals. These are the articles that I deem interesting from the hundreds of articles that I read each week.

Hasbro defends Magic: The Gathering strategy, says ‘there is no evidence’ cards are overprinted – CNBC

In a talk hosted by UBS on Thursday, the toy company refuted criticism that it is printing too many card sets for the soon-to-be billion-dollar brand.

Freight rates from China to West Coast down 90% as global trade falls off fast – CNBC

A 90% year over year drop in ocean freight rates for cargo from China bound to the U.S. West Coast exceeded the expectation among logistics firms for just how fast trade demand would fall.

The Global Toy Market 2022 – License Global

“License Global looks at the health of the global toy market to set the tone for the business of play.”

Giant book on a toy biz giant – boingboiing

“I was fascinated to dive into all 600 pages (!) of A World With Reality: Inside Marvin Glass’s Toy Vault, Bill Paxton’s monumental biography and history of the toy invention business.” – Bob Knetzger

Macroeconomic headwinds: Toy industry faces the heat of slowdown – The New Indian Express

“With macroeconomic conditions and recession fears, the global toy industry is facing the heat with sharp declines in higher value products.”

Stern Pinball Presents the “Stern Experience” – Businesswire

The Pinball Hall of Fame is the world’s premier pinball destination, home to the largest collection of pinball games open to the public.

This 32-year-old has a toy business worth millions. Here’s how he got his big break with DC Comics – CNBC

“I’m not the best artist. I’m terrible,” said Jackson Aw with a sheepish laugh.That may seem ironic, given how the 32-year old is the founder and chief executive officer of Mighty Jaxx, a designer toy company from Singapore.

Damn The Torpedoes, America’s Billionaire Investors Go Full Speed Ahead On China – Forbes

With some notable exceptions, prominent billionaire American investors aren’t budging from their belief in China. Nothing, it seems, can shake it

Hong Kong May End Outdoor Mask Rule, Relax Covid Tests, Report Says – Bloomberg

Hong Kong could scrap its outdoor mask mandate and shorten the isolation period for people who test positive for Covid as part of a suite of major relaxations in the city’s virus rules being considered by the government, local media reported.

Global Toy market to reach USD 167.26 Billion by 2027 at a projected CAGR of 6.66%: Bonafide Research – Bonafide Research and Markerting

The recent research report “Global Toy Market Outlook, 2027“, published by Bonafide Research, states that the global toy market fell to USD 105.95 billion in 2020 due to pandemic disruptions.

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