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  • *Tariff cuts to be more broad-ranging than previous reductions- Bloomberg. BEIJING, May 24- China plans to cut import tariffs on some consumer products ranging from food and cosmetics as early as July 1, Bloomberg reported on Thursday, citing unidentified sources. The move would be in step with Beijing's pledges to its trade partners- including the United States-...

  • PAWTUCKET, R.I.— Hasbro has trademarked the scent of Play-doh. The toy company on Friday announced that the United States Patent and Trademark Office has recognized Play-doh's distinctive smell with a registered trademark, something rarely issued for a scent. The Pawtucket, Rhode Island- based toymaker describes it as a "sweet, slightly musky, vanilla fragrance,...

  • "If you're a young brand, it's hard to be found," said Shaun Rein, an analyst with China Market Research Group, who covers Asian toy producers. The total value of deals in the U.S. toy industry has soared to $962.7 million since Toys' R' Us filed for bankruptcy on Sept. 19 last year, compared to $85.4 million in the same period a year ago, according to Thomson Reuters data.

  • WASHINGTON, April 30- U.S. consumer prices accelerated in the year to March, with a measure of underlying inflation surging to near the Federal Reserve's 2 percent target as last year's weak readings dropped out of the calculation. The rise in the annual inflation measures reported by the Commerce Department on Monday was anticipated by economists and Fed...

  • April 23- Hasbro Inc reported a bigger-than-expected drop in quarterly revenue on Monday, blaming the liquidation of Toys' R' Us and unsold toy inventory in Europe for a $100 million shortfall in revenue. Shares of the company fell nearly 5 percent to $78.80 before the bell and were set to open at their lowest since December 2016 as the company also fell 23 cents per...

  • Chief Executive Officer Margaret Georgiadis' announcement of her departure on Thursday came after just 14 months at the helm that has seen the company's share price cut in half. "This may imply that the business is struggling to the degree she feels it impossible to turn around and the options are running thin," said Stephanie Wissink, an analyst with broker...

  • April 19- Mattel Inc said on Thursday that board member and digital media executive Ynon Kreiz will replace Chief Executive Margaret Georgiadis, who is stepping down after only 14 months at the helm of the maker of Hot Wheels and Barbie dolls. Kreiz is a former head of digital media company Maker Studios, which assembled a stable of YouTube stars and was acquired...

  • April 19- Mattel Inc, which has been trying to revive its tepid sales, said on Thursday its director and former digital media executive Ynon Kreiz will replace Chief Executive Margaret Georgiadis, who has decided to step down after a 14- month tenure. Kreiz, who is the former head of digital media company Maker Studios that assembled a stable of YouTube stars and...

  • April 13- Toy company MGA Entertainment said on Friday it put in an $890 million bid for Toys' R' Us stores in the U.S. and Canada. Billionaire Isaac Larian, who heads MGA Entertainment, put in a bid of $675 million for stores in the United States and $215 million for stores in Canada, MGA said in a statement. The funds to purchase the stores will come from Larian's own...

  • PARIS, March 20- Vivendi Chairman Vincent Bollore has lost a two-year battle against the founders of Ubisoft, with his French media group announcing plans to sell its stake in the video games maker for 2 billion euros. Vivendi's exit, however, is a setback for Bollore amid growing concerns about other ventures in Italy. The Vivendi sale brings Ubisoft two new...

  • PARIS, March 20- Vivendi said on Tuesday it is to sell its stake in Ubisoft for 2 billion euros in a victory for the video games maker which has long opposed the French media group's involvement in the company. Ubisoft said the transaction included an investment by two new long-term investors, the Relationship Investing arm of Ontario Teachers' Public Equities...

  • CHICAGO/ NEW YORK, March 17- When Toys' R' Us secured a $3.1 billion bankruptcy loan in September, toy makers were reassured they would be paid for goods delivered to the company as it tried to emerge from Chapter 11.. While the downfall of Toys' R' Us came quickly in the United States, the Wayne, New Jersey- based retailer is still trying to find a buyer for its businesses in...

  • CHICAGO/ NEW YORK, March 17- When Toys' R' Us secured a $3.1 billion bankruptcy loan in September, toy makers were reassured they would be paid for goods delivered to the company as it tried to emerge from Chapter 11.. While the downfall of Toys' R' Us came quickly in the United States, the Wayne, New Jersey- based retailer is still trying to find a buyer for its businesses in...

  • March 15- Iconic toy retailer Toys' R' Us Inc the will shutter or sell its stores in the United States after failing to find a buyer or reach a deal to restructure billions in debt, putting at risk about 30,000 jobs. The 70- year old company does not rule out a last-minute offer for all of its stores and said it will announce the winning bidder of a March 29 auction on April...

  • March 15- Toys' R' Us Inc, the iconic toy retailer, will shutter or sell its stores in the United States after failing to find a buyer or reach a deal to restructure billions in debt, putting at risk about 30,000 jobs. "This is a profoundly sad day for us as well as the millions of kids and families who we have served for the past 70 years," Chief Executive Officer Dave Brandon...

  • March 15- Toys' R' Us Inc, the iconic toy retailer, will shutter or sell its stores in the United States after failing to find a buyer or reach a deal to restructure billions in debt, putting at risk about 30,000 jobs. "This is a profoundly sad day for us as well as the millions of kids and families who we have served for the past 70 years," Chief Executive Officer Dave Brandon...

  • March 15- Toys' R' Us Inc, the iconic toy retailer, is shuttering its 735 U.S. stores after failing to find a buyer or reach a deal to restructure billions in debt, putting about 30,000 people out of jobs. "This is a profoundly sad day for us as well as the millions of kids and families who we have served for the past 70 years," Chief Executive Officer Dave Brandon said.

  • March 15- Toys' R' Us Inc, the iconic U.S. toy retailer, is shuttering all its U.S. stores after failing to find a buyer or reach a restructuring deal with creditors to push its indebted business out of bankruptcy, the company said on Thursday. The company will pursue a going concern reorganization and a sale process for its Canadian and international operations in...

  • March 14- Bankrupt Toys' R' Us Inc is preparing to sell or close all 885 stores in its U.S. chain, risking up to 33,000 jobs, after failing to reach a deal to restructure billions of dollars in debt, a person familiar with the matter said on Wednesday. With shoppers flocking to online platforms like Amazon.com Inc and children choosing electronic gadgets over toys, Toys'...

  • March 14- Bankrupt Toys' R' Us Inc is preparing to sell or close all 885 stores in its U.S. chain, risking up to 33,000 jobs, after failing to reach a deal to restructure billions of dollars in debt, a person familiar with the matter said on Wednesday. The Wall Street Journal earlier on Wednesday reported that Toys' R' Us Chief Executive David Brandon told staff about the...