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Transformers News: Category - "Toy Industry News"

Welcome to the Transformers At The Moon news desk

This area of the website is dedicated to Transformers news. Currently this website contains 106 news stories divided over 8 pages. You can submit a news story by using our news submission page.

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  1. AFA Graded Transformers - AFA graded Transformers related news and information. For more details regarding AFA Transformers including the latest ratings, going prices and how to get your figure rated, please visit www.afatransformers.com.
  2. G.I. Joe - We are also fans of G.I-Joe and so on occasionally we run news stories related to that Hasbro line, primarily related to the live action films.
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  7. Toy Industry News - This section contains toy industry related news stories, including press releases, NPD sales charts and other events that may have a knock on affect to Hasbro Inc, TakaraTomy or Transformers in general.
  8. Trans-Europe Express Group News - The Trans-Europe Express was a Yahoo! Group where a few people collaboration to share information on what was going in within Europe relating to Transformers as well as promoting a united European fan community.
  9. Transformer Toy Sightings - This is where you will find toy sighting related news stories.
  10. Transformers Animated - Transformers Animated was the cartoon / comic / toy form that the Transformers took from late 2007 until 2010. These news stories are published on Transformers Animated.com as well as on Transformers At The Moon
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  17. Transformers Power Core Combiners - News related to the 2010 Transformers subline known as the Power Core Combiners. These news stories are published both on Transformers At The Moon as well as Transformers Power Core Combiners.com.
  18. Transformers Product Listings
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  21. Transformers Trademark News - News stories relating to trademark applications that Hasbro Inc have made with the USPTO. These stories are always broken here first.
  22. Transformers: Prime - Transformers: Prime is the name of the 2010 CGI Transformers cartoon which aired on the Hasbro-Discovery joint TV channel The Hub in the fall of 2010 within the US.
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Toy Industry News

Hasbro announced yesterday via press release that they have reached an agreement with Saban to purchase Saban’s Power Rangers and several other entertainment brands, including My Pet Monster, Popples, Julius Jr., Luna Petunia, Treehouse Detectives and others, in a combination of cash and stock valued at $522 million. The first set of products from Hasbro will be available in spring 2019.

Category: Toy Industry News | Submitted by: quartz - on: Wednesday, 2nd May 2018 at 07:56:55 BST | Share: | Discuss: Read on

Toy Industry News

It has just been announced that the administrators have failed to find a buyer for the 100 UK stores of Toys R Us and so all of the remaining stores will close within the next six weeks with 1/4 of the stores having already been closed or being due to close by the end of this week.

Buyers are still being sort for the US stores and the Canadian side remains open at this stage.

Category: Toy Industry News | Submitted by: quartz - on: Wednesday, 14th March 2018 at 14:19:47 GMT | Share: | Discuss: Read on

Toy Industry News

Toys R Us UK has gone into administration with immediate effect due to their inability to pay a £15 million tax bill. As of now their online and click and collect services are no more and a sale is expected to start on all remaining items in stores. All stores will remain open whilst the administrators try to find a buyer but if they fail then all 105 stores are expected to close in the summer. you can read more here

Arron Kendall and Simon Thomas of Moorfields Advisory Limited, 88 Wood Street, London, EC2V 7QF were appointed Joint Administrators on 28 February 2018. The Administrators now manage the affairs, business and property of the Company. The Administrators act as agents only and without personal liability.

Their website has been updated with the following notice:

Refunds and Exchanges

No exchanges for non-faulty items may be accepted and no refunds will be given.

If the item is faulty then the normal Company policy will be followed in accordance with your statutory rights.

Gift Cards

We are continuing to accept and redeem Gift Cards for purchases made, but please note that we will not be issuing Gift Cards.

No refunds can be given for the balance of the gift cards

Take Time To Pay Agreements

If you have recently settled your Time to Pay agreement and collected your goods, then you are no longer a creditor of the company and nofurther action is needed.

If you have recently settled your Time to Pay agreement and but not collected your goods, then you should collect your goods from store as soon as possible.

If you have not settled your Time to Pay agreement and not collected your goods then you will need to attend your local store by Sunday 11 March 2018 and either:

  • Pay the balance for the merchandise they have included in their Take Time to Pay Agreement. The price of the merchandise will be the price in store on the day the customer settles the Take Time to Pay Agreement less the deposit that they have already paid; or
  • Purchase alternative goods that exceed the value of their deposit.
  • No cash refunds will be issued in respect of deposits paid prior to the company entering Administration

 

Gold Card and R Baby Club

Loyalty cards and loyalty points will no longer be issued

Category: Toy Industry News | Submitted by: quartz - on: Wednesday, 28th February 2018 at 12:18:43 GMT | Share: | Discuss: Read on

Toy Industry News

The NPD Group report that toy sales within the UK dropped by 2.8% in 2017 pointing at Brexit, under-performing licenses and issues around counterfeit toys as the primary causes. Total revenues for the year are reported as being £3.4 billion meaning that despite the decline the UK is still positioned as the largest market in Europe with three years of growth between 2014 and 2016.

Natasha Crookes, director of public affairs and communications for the BTHA stated that "the increasing breadth and depth of counterfeit toys is a real concern, with over £400 million worth of sales being lost to the industry, as well as the cost to companies from the theft of innovative design".

When asked to comment on the growing UK Collectable market Ms Crookes commented that they were "an unstoppable force within the industry". Figures show that the sector grew by 17%, dominated by Fingerlings, with the category now making up 9% of the overall value and 19% of all units sold. Frederique Tutt, global toy analyst for the NPD Group added that they "have seen significant year on year growth" in Collectables.

Doll play-sets, pre-school figures and action figures also all saw strong 2017 sales so it was not all doom and gloom outside of the collectable sector.

Category: Toy Industry News | Submitted by: quartz - on: Thursday, 25th January 2018 at 09:14:29 GMT | Share: | Discuss: Read on

Toy Industry News

Toy Shop UK has published the results of its 9th annual Independent Toy Awards, showing what the UK's independent toy retailers think are the best toys for parents to be buying their children this Christmas.

As you would expect there are no Transformers products to be found on this years list, which can be viewed in full here,

Toy Shop UK's awards process is unique within the industry as they ask the 900+ retailers that list businesses on the directory what they think are the best toys within each category and the winners are then revealed rather than selected as votes flood in.

Category: Toy Industry News | Submitted by: quartz - on: Tuesday, 5th September 2017 at 09:29:57 BST | Share: | Discuss: Read on

Toy Industry News

Hasbro Inc has filed for a patent covering a new piece of technology that would allow children to 3D-scan their toys to their smartphone as well as send them as an output directly to a 3D printer!

The US Patent Office website was updated last week with details that describes Hasbro’s concept as a "rotating platform on which kids can place their toy in order to scan it as a 3D image".  it goes on to describe how the user would then have the ability to incorporate the 3D scan into a game, or output it to a 3D printer.

The application covers the design for a base station, turntable with a manual crank for kids to rotate, a bluescreen style backdrop and a dock for holding on to an iPhone.

The original application can be found here with a more detailed explanation and coverage on 3ders.org.  Late last year Disney's applications for 3D scanning was approved and Hasbro have mentioned 3D printing for their brands several times over the last couple of years.

With Hasbro Inc aiming for more immersive play and cross over of digital and analogue play-time for children, this scanning technology is further evidence of the direction in which they are likely to head.

Category: Toy Industry News | Submitted by: quartz - on: Monday, 14th March 2016 at 12:32:50 GMT | Share: | Discuss: Read on

Toy Industry News

Hasbro Inc. are currently recruiting for a new Transformers product designer based at their headquarters in Pawtucket RI. You can find details regarding the vacancy below and can  apply via website

 

Date: Feb 5, 2016

Location: Pawtucket, RI, US


Product Designer, Transformers

Location: RI - Pawtucket
Employment Type: Regular
ID: 10523


Description

Hasbro is seeking a Product Designer for its’ Transformers product design team. The position is based at Hasbro’s headquarters in Pawtucket, RI, and will report directly to the Sr. Design Manager, Transformers.

Expectations for the role include a strong focus on toy concept creation and development, excellent technical design skill, organized project management, and collaborative teamwork.

Combines strong technical design knowledge and organizational skills to manage the design and development of multiple assigned global brands/product. Develops innovative ideas and concepts based on global consumer and market insights.

Ensures overall quality, cost, schedule, and brand consistency for assigned projects. Demonstrates tact and diplomacy in dealing with others and acts as the key liaison with multi-disciplinary teams (i.e. Consumer Insights, Brands Teams and Engineering) on line issues. Participates in product review meetings and other presentations as necessary.

Acts as an inspirations and peer coach to junior designers.

Principle Accountabilities
- Manages the creation, schedule, and refinement of products that are either internally or externally generated.
- Develops innovative ideas and concepts based on global brands along with consumer and market
- Sources, reviews, and manages external resources for the development of new product. This will include game-play, industrial design, software development, and other creative work as needed.
- Demonstrates a strong, developed sense of creativity and foresight along with sound design judgment in anticipating and solving problems.
- Ensures feasibility of product design and that products developed meet cost, reliability, schedule, and safety guidelines.
- Coordinates product design work with both domestic and international locations
- Leverages internal and external resources and demonstrates ability to manage multiple projects and assignments
- Demonstrates strong team skills and tact in liaison with internal and external cross-functional partners
- Partners with Marketing, International Marketing, Channel CSM team, and Market Research to understand the market on a global basis along with the near and short-term needs.
- Has strong, compelling presentation skills and participates in product review meetings and presentations to all levels of management.
- Maintains awareness with new technology, consumer trends, design methods
- Travels as necessary to meet project needs and attend industry related events

Key Skills / Experience
- A good skills profile is desired and should demonstrate:
- Strong technical design ability with good organizational skills - technical savvy as it related to apps utilization in product development a definite plus!
- Plans effectively, is inquisitive and demonstrates sound judgment in anticipating and solving problems
- Creative thinker, experienced at working in a broad range of creative projects/assignments and is results orientated
- Ability to make models/prototypes preferred
- Computer experience with proficiency in illustration, photographic, rendering, video and animation software
- Passionate, inspirational and able to thrive in a changing environment

Qualifications:
- Bachelor’s Degree in Toy Design, Industrial Design, or comparable field of study
- Strong visual and product design technical skill
- 3-5 years experience within toy or children’s entertainment industries, in a related role.

The ideal candidate excels at the following:

Creativity and Innovation – Aptitude for creative thinking, brainstorming, and a strong enthusiasm for driving innovation.

Technical Skill - a demonstrable talent to produce compelling product designs using state of the art design tools, and the ability to contextualize and critique efforts. Specific ability to visualize and conceptualize around action figures and vehicles are a plus.

Basic Comprehension of consumer goods manufacturing - processes and materials

Communication and Collaboration – Must be able to articulate clearly, and drive toward shared solutions with various internal partners

Presentation Ability – The ability to present ideas and vision with clarity and passion.

Organizational skill – Including time management and project management

Decision Making– Ability to make rational and informed decisions, and drive forward progress through creative collaboration

Adaptability and Flexibility – The ability to manage a constantly shifting set of priorities and often challenging timelines

Sense of Fun – Hey, we’re making Toys!!!! Hope that’s something that makes you smile like you were 7 years old!

Pluses: Enthusiasm for boys-oriented entertainment properties

Hasbro (NASDAQ: HAS) is a global company committed to Creating the World’s Best Play Experiences, by leveraging its beloved brands, including LITTLEST PET SHOP, MAGIC: THE GATHERING, MONOPOLY, MY LITTLE PONY, NERF, PLAY-DOH, TRANSFORMERS, and premier partner brands. From toys and games, television programming, motion pictures, digital gaming and a comprehensive lifestyle licensing program, Hasbro fulfills the fundamental need for play and connection for children and families around the world. The Company’s Hasbro Studios creates entertainment brand-driven storytelling across mediums, including television, film and more. Through the company's commitment to corporate social responsibility, including philanthropy, Hasbro is helping to build a safe and sustainable world and to positively impact the lives of millions of children and families every year. Learn more at www.hasbro.com and follow us on Twitter (@Hasbro & @HasbroNews).

For more information about careers at Hasbro become a fan on Facebook, follow us on Twitter and join our careers group on LinkedIn.

J2W Posting Code: Global Design, Engineering and Product Development

Category: Toy Industry News | Submitted by: quartz - on: Monday, 29th February 2016 at 17:28:36 GMT | Share: | Discuss: Read on

Toy Industry News

Hasbro will be presenting their 2016 investor update from ToyFair today at 8am EST (13:00 GMT) where they will reveal their plans for the next year including new products, new brands and shall give details on the 2016-2017 Transformers entertainment offerings including details of what came out of the Writers Room.

Check back later today for further updates.

Category: Toy Industry News | Submitted by: quartz - on: Friday, 12th February 2016 at 09:23:51 GMT | Share: | Discuss: Read on

Toy Industry News

Hasbro have announced increased net revenues for the full-year of 2015 of 4% to $4.45 billion. Part of the growth was due to the success of the Star Wars property along with the Marvel and Jurassic World products with both over-performing when compared to their expected revenues.

Transformers revenues dropped by 1/3 which is blamed on an unfair comparison with 2014 as that was a movie tie-in year but still performed far better than was expected in a post movie year. Typcially Hasbro Inc see a 50% drop in revenue in the year directly after a movie release.

At the end of the call it was confirmed that further information regarding the upcoming entertainment releases for the Transformers brand shall be given out this Friday including details of the writers room.

The Star Wars movie tie-in products swapped US to international sales figures from around 54%-46% split in favour of US and Canada (pre -The Force Awakens product) to 46%-54% afterwards.

During the call, which is currently ongoing, Hasbro announced that they will be releasing several new internal brand (i.e not licensed) over the next couple of years.

Category: Toy Industry News | Submitted by: quartz - on: Monday, 8th February 2016 at 13:54:02 GMT | Share: | Discuss: Read on

Toy Industry News

UK Toy Industry Magazine ToyNews recently held a poll where by they asked manufacturers, retailers and inventors within the toys and games industry to name those toys and games which they fle had most shaped the industry, and the results are now in with Transformers appearing at number 14 on the list!

The full list reads as:

  1. Lego
  2. Barbie
  3. Kenner Star Wars
  4. Rubik's Cube
  5. Trivial Pursuit
  6. Monopoly
  7. Furby
  8. Skylanders
  9. Tamagotchi
  10. Golden Bear's Teletubbies Toys
  11. Settlers of Catan
  12. Action Man
  13. Pokemon: The Trading Card Game
  14. Transformers
  15. Card Against Humanity
  16. Gameboy
  17. Moshi Monsters
  18. Meccano
  19. Playmobil
  20. Simon
You can read more over at ToyNews-Online.

Category: Toy Industry News | Submitted by: quartz - on: Tuesday, 2nd February 2016 at 13:43:07 GMT | Share: | Discuss: Read on

Toy Industry News

The UK toy fair is over and with Hasbro Inc deciding that an appearance was not worth it and that Germany would be the best option for their European offices focus from fans around the world now point at the Spielwarenmesse Nürnberg Toy Fair 2016 which takes place today.  The German fair is well known for leaked product reveals and shall be followed by the US Toy fair.

Category: Toy Industry News | Submitted by: quartz - on: Wednesday, 27th January 2016 at 08:26:35 GMT | Share: | Discuss: Read on

Toy Industry News

For years Hasbro Inc produced most of its toys and games out in China then a few years ago they shifted to factories in Vietnam, partly due to increase labour costs in China, and now it looks like they are moving again but this time to India.  According to an article published on The Wall Street Journal on January 6th Hasbro are looking at India as a solution to Vietnam becoming saturated with factories.

“John Leung, chairman of GFT Group Ltd., a manufacturer of Transformers, “Star Wars” and other toys for Hasbro that is based in China’s Guangdong province, said he plans to start producing soon from a rented factory in Chennai.

Eight years ago, GFT shifted much of its production from China to Vietnam, where today the company’s workers earn around $215 a month, less than Chinese counterparts’ salaries. But Vietnam is quickly becoming saturated with factories, Mr. Leung said.

“In the next eight to 10 years, Vietnam will be finished,” he said. He said Hasbro, based in Pawtucket, R.I., had urged him to set up shop in India.”

Credit to TFW2005.com for the news

Category: Toy Industry News | Submitted by: quartz - on: Wednesday, 27th January 2016 at 08:24:06 GMT | Share: | Discuss: Read on

Toy Industry News

The Australian Associated Press have released an article stating that toy sales for the year 2015-2016 are forecast to be the strongest in a decade. According to research performed by the NPD Group the US toy market has seen a 6.2% growth on the previous year with sales up to $19.9 billion (US). In 2014 toy sales rose by 4%.

The NPD Group report that the growth is being fuelled by increasing popularity of collectibles, toys based on Hollywood Blockbusters, and better technology which provides a more interactive experience for children.  It comes as great news to everyone in the toy industry as sales have slowed and sometimes been in decline over the last decade as children have become more interested in technology rather than toys.

"The selection is much greater than in the past," said Jim Silver, editor-in-chief of TTPM, an online toy review site. "Technology is much better in the toy aisle, and it's really inspiring young kids to play but also bringing older kids to things like radio control and role play items."

Surging demand for all things "Frozen" helped the toy industry achieve a rare gain in 2014. Toys related to the blockbuster about a princess who sets off to find her sister with icy powers were popular. In fact, Frozen was the top toy brand in 2014, reaching $US531 million in sales, according to NPD.

And the Hollywood infatuation is expected to continue with the release of the Star Wars movie on December 18: Hundreds of products, from puzzles to action figures related to Star Wars, are expected to exceed Frozen's success.

Marty Brochstein, who's with the International Licensing Industry Merchandisers Association, says the LightSaber from Hasbro, which features motion sensor-controlled sound effects, already are on backorder. He says Star Wars appeals to both kids and adults.

"It's multi-generational," Brochstein says.

Hasbro, the nation's second largest toy company, reported a jump in second-quarter profit last month, helped by toys related to "Star Wars."

Hasbro has the major merchandising licensing rights to make Star Wars toys from now until 2020. It's also teaming up with Walt Disney Co's consumer products division to make Frozen dolls in 2016. That deal froze out Mattel, which sells the dolls based on Frozen characters.

Toys R Us' new CEO David Brandon says the retailer is placing big bets this holiday season on brands like Star Wars to help boost sluggish US sales.

"It will be very interesting to see at the end of the holiday season where the growth comes from. And how much growth there is," Brandon says.

Toy companies are pushing remote controlled cars and droids controlled by smartphones. And robotic creatures are becoming more life-like with voice recognition features.

Hasbro's StarLily My Magical Unicorn, for example, responds to voice and touch with more than 100 sound and motion combinations. Mattel also is hoping technology will help it reverse years of slumping sales.

"You want to make sure that you give them enough that they're going to want to walk away from their iPads and phones," said Mattel's Executive Vice President Geoff Walker.

Mattel's new Barbie features speech recognition and can have a two-way conversation with girls. And its Fisher-Price brand has Smart Bear, an interactive plush bear marketed as having the brains of a computer without the screen - and is linked to a smartphone app. Fisher-Price also is pushing a robotic dinosaur.

Credit to Yahoo! News and AAP for the story.

Category: Toy Industry News | Submitted by: quartz - on: Monday, 23rd November 2015 at 10:25:07 GMT | Share: | Discuss: Read on

Toy Industry News

Yesterday was the Hasbro Investor Day conference call where Hasbro present some of their overall plans to would-be investors, press and consumers. The TFW2005 have a summary of some of the Transformers related news including:

  • Transformers 5 Placeholder Logo Revealed
  • Transformers 5 Info (company-wise)
  • Transformers: Micronauts
  • Kreo: Armour Hero

The full presentation can be viewed and downloaded on Hasbro's website where you can also listen to the audio recording.

It was confirmed during the presentation that Micronauts will indeed be a part of an expanded Transformers mythos as was the concept tht was sold to Hasbro Inc in the mid to late 2000's by AGE when they sold the entire IP for Micronauts to Hasbro Inc rather than just licensing the brand.

The full presentation also suggests that Hasbro will increase their new tooling in general over the next couple of years, though this is not broken down by toyline so it could just be due to the introduction of new brands such as Micronauts and Stretch Armstrong.

The presentation is a follow-up from 2015 Investor Update that was produced during the US Toy Fair (download it here).

Hasbro will also be increasing their work with mobile game studio "Backflip Studio" so expect additional Hasbro Licensed mobile games to be released within 2016.

Category: Toy Industry News | Submitted by: quartz - on: Tuesday, 17th November 2015 at 13:54:36 GMT | Share: | Discuss: Read on

Toy Industry News

The PlayWithThisToo team, most of whom are former Hasbro employees who worked on the Transformers brand, have finally launched their Kickstarter for their 6" interchangable action figure series which is based on the Pretender concept, along with the characters colour schemes.  The kickstarter aims to raise $80,000 and after the first 24 hours has already raised 41.3% of the target.

You can check out the kickstarter here.

Category: Toy Industry News | Submitted by: quartz - on: Saturday, 28th February 2015 at 09:33:47 GMT | Share: | Discuss: Read on

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