|
Despite
a record snowfall of close to 29 inches, the 103rd American
International TOY FAIR kicked-off with fervor on Sunday, February
12th at the Jacob K. Javits Convention Center in New York
City. Best-selling author Malcolm Gladwell opened the festivities
with an inspiring keynote address. The general session also
included a performance from Broadway's 25th Annual Putnam
County Spelling Bee and the release of 2005 industry sales
data from The NPD Group. More than 11,000 buyers crowded the
aisles of the Javits Center in search of items to stock their
shelves with for the 2006 holiday season.
Global
media presence continued to be strong, with over 700 members
of the media reporting from 12 countries including England,
Germany, Italy and Japan. The 2006 show was held February
12th-15th at the Jacob K. Javits Convention Center in New
York City. The four-day event is the largest toy trade show
in the Western Hemisphere, and is the showcase for the newest
toy trends for 2006, specifically the upcoming holiday season,
which accounts for 65% of annual toy sales. In addition to
the number of exhibitors at the Javits Center, other manufacturers
showcased their latest innovations in showrooms at the International
Toy Center (ITC) and other locations in the Toy District.
"We've
seen a continuing trend of quality buyers attending from an
array of outlets, including Sam's Club, Target, Amazon.com,
Learning Express, Bed, Bath and Beyond, and Barnes and Noble,"
said Francesco C. Leboffe, Vice President, Marketing, Toy
Industry Association, which owns and operates TOY FAIR. "The
face of the youth industry is evolving and from the number
of attendees and exhibitors, we see that the show, especially
our special exhibit areas is catering to the needs of the
industry and is very relevant in today's business world."
A total
of 1,373 exhibiting companies from 23 countries showcased
their products at the Jacob K. Javits Convention Center, and
in other New York City showroom locations. International pavilions
representing countries including China, Hong Kong, Spain and
Thailand and special product categories including the brand-new
Urban Bazaar: Indie Art Toys and e@play, a dedicated section
for children's electronic edutainment, added to the broad
scope of the show and helped buyers in meeting their specific
needs.
Hot
Trends: Youth Electronics/ Licensing
Kids today
have grown up with technology, and the industry is responding
to the needs of these tech-savvy consumers. New products include
classic toys/recognized brands with a new technology twist
and products made specifically for an even younger audience.
Examples include DVD versions of traditional board games,
games that interface with MP3 players and children's adaptations
of adult-oriented games, such as Sudoku.
Licensing
accounts for 29% of toys on store shelves today. Popular characters
from movies, television and comic books are tied to an array
of youth products from books and DVDs to plush and sporting
goods. Licensed products should see a surge in sales, with
multiple hot new movies slated for 2006, and a steady stream
of entertainment properties suitable for kids.
|





|