Hasbro, reported financial results for the third quarter 2019. Net revenues for the third quarter 2019 were $1.58 billion versus $1.57 billion in 2018. Absent a negative $20.5 million impact of foreign exchange, third quarter 2019 revenues grew 2%.
Hasbro, Inc. has announced that Marianne James will be joining the company as Vice President, EMEA Consumer Products starting November 11, 2019.
Hasbro’s President of North America, Eric Nyman, joins this episode of aNb Media’s ShopTalk, to discuss the harm on knockoffs in the toy business, the relaunch of Power Rangers and how the action figure category is now broken into three segments. Additionally we dive into the topic of the continued resurgence of the board game category and the impact sharing on social media channels have in creating a game’s success.
Say hello to The Welcome Wagon: A Cubby Hill Tale—Hasbro’s latest addition in their vast collection of story lead brands. Partnering with Abram’s Children’s books for the launch on March 3, 2020 Hasbro plans to roll out the release of additional entertainment and product categories in the future.
In celebration of Clue’s 70th anniversary, Hasbro has teamed up with Houzz.com to provide décor inspiration and design guidance for the new room replacing The Hall on the classic board.
Hasbro will acquire eOne in an all-cash transaction valued at ~$4 billion, expanding Hasbro’s preschool business with Peppa Pig, PJ Masks, and Ricky Zoom.
Sony Pictures Consumer Products has named Hasbro as the master toy licensee for Ghostbusters worldwide.
Beginning in 2020, Hasbro plans to begin phasing out plastic from new product packaging, including plastic elements like polybags, elastic bands, shrink wrap, window sheets and blister packs.