iKids Weekly checks in with Justin Hsu, co-founder and president at New York-based developer Marco Polo Learning, to get the lowdown on how the company’s experiential preschool apps Ocean and Weather have reached nearly two million downloads in less than a year.
US retail toy sales grew by 4% to US$18.08 billion and Disney’s Frozen was the top US property in 2014, according to the latest numbers from market research firm The NPD Group.
Same-store sales at US Toys ‘R’ Us locations dropped by 5% during the nine-week holiday period, but the retailer reports that its gross margins are up significantly.
More news from CES: Fuhu is taking “Go Big or Go Home” to new levels with a line of TV-sized tablets and a whack of new digital offerings that go beyond the realm of handheld devices.
As a result of fast growth across its lifestyle and entertainment portfolio over the past year, L.A.-based Saban Brands has formed two new units – Saban Brands Lifestyle Group (SBLG) and Saban Brands Entertainment Group (SBEG).