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A Chinese Toy Story: why do adult men buy designer toys?

Don Tang is proud of his toys. So much so that the Shanghai resident, 32, puts them on display both in his home and in the office of the company he runs.And there are plenty to display. Tang, 32, has some 100 collectibles and the number is growing all the time. Each month he sets aside 2,000 yuan (US$280) to buy the top trending toys, newest releases, or one-of-a-kind items – either from physical stores, online or at toy conventions in China.But the toys are not connected to his work…

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HMV liquidation sale: massive discounts see hundreds queuing up to buy vinyl records, CDs, toys and more

Hundreds of people showed up much before the start of HMV’s liquidation sale on Thursday morning, eager to get their hands on heavily discounted items.HMV’s two-week long liquidation sale, the largest for a collapsed retailer in Hong Kong for a decade, started at 11am at W Square in Wan Chai. More than 100,000 CDs, DVDs, vinyl records, toys, iPhones and headphones are available at discounts ranging from 50 to 90 per cent.Alex Fasso, a music lover, was among the first customers who patiently… Source link

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The Hong Kong maker of Transformers toys rushes to ship orders for the US holiday season to beat Trump’s tariffs

Hong Kong toymaker Jeffrey Lam Kin-fung is feeling the pressure from US President Donald Trump’s import tariffs, even though his products are not yet subject to any duties.His company, Forward Winsome Industries, a pioneer in the manufacture of rubber ducks, has been rushing to meet a spike in orders from American customers keen to stockpile products before they are hit by the next round of tariffs.On May 5, Trump said on Twitter that his administration would extend punitive 25 per cent duties… Source link

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Singapore 

‘Volunteers’, ‘ex-offenders’ selling keychains, soft toys not from Yellow Ribbon, Singapore News

SINGAPORE – You may have seen some suspicious people around touting keychains or soft toys, claiming they are reformed offenders or volunteers. But these individuals are not part of the Yellow Ribbon Project, the initiative said in a Facebook post on Thursday (April 11). In its post addressed to members of the public, it said that both the Project and the Yellow Ribbon Fund are not currently conducting any public fund-raising. “We have not authorised any individuals or groups to do so in public on our behalf,” it added. Yellow…

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What are the most popular traditional games and toys in China?

From 2012 to 2017 the top five most popular traditional toys in China were hands-on like construction and remote control toys, as well as more creative categories like arts and crafts. Each category saw more than 50 per cent growth in sales, according to data from Euromonitor. Construction toys topped the charts, with sales growing 205 per cent from 2.8 billion yuan (US$414 million) to 8.6 billion yuan in the five-year period, while model vehicles, the fifth top category gained 57 per cent, from 3.2 billion yuan to 5 billion…

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Toymakers heed parents’ concerns on children’s early development and make traditional toys with digital twist

First came dolls and puzzles, then video games and smartphones. But traditional toys may be making a comeback, with a twist, whether it is teaching robotics to toddlers or giving children the experience of unboxing toys like YouTubers. Global internet and smartphone penetration has facilitated the boom of video games to spearhead the toy industry, but industry observers say traditional games will still play a strong role in the future, particularly in Asia. Besides, a backlash against technology by parents and a need for physically interactive and stimulating products is…

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In stark contrast with former US parent, Toys ‘R’ Us Asia to open 60 new stores in 2019, seek further expansion

Toys ‘R’ Us Asia, backed by Hong Kong tycoon Victor Fung Kwok-king’s Fung Retailing Group, aims to open up to three stores in Hong Kong and dozens more in mainland China, bucking an economic downturn blamed largely on the US-China trade war. The recession-proof nature of the demand for toys, the right store locations and a fresh offering of not only toys but fun and educational experiences for the whole family are key to the success of the Asia business, Jo Hall, Toys ‘R’ Us Asia’s chief commercial officer for…

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Singapore 

Police looking into alleged abduction attempt at Suntec City Toys ‘R’ Us outlet, Singapore News

SINGAPORE – The police are looking into a suspected abduction attempt at the Toys “R” Us outlet at Suntec City. A letter from Josiah childcare centre stated that the incident involved a Kindergarten 1 boy and happened on Wednesday evening (Nov 21), police said in a statement. According to a copy of the letter obtained by Shin Min Daily News, the boy’s father had picked him up from the centre on Wednesday evening. The letter, signed by the centre’s vice-principal, said they were at the Toys “R” Us outlet when a woman…

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Toys ‘R’ Us Asia aims to expand in the region after divorce from American parent

Toys ‘R’ Us Asia plans to expand its presence in the region, mainly in China and Japan, after divorcing itself from its US parent company which filed for bankruptcy last year. At a press conference in Hong Kong, Andre Javes, president of Toys ‘R’ Us Asia Pacific, repeatedly stressed that the Asian business is now completely separate from the troubled US entity, Toys ‘R’ Us Inc, and that its shareholders are focused on developing the market in the region. He outlined expansion plans at the event on Monday, which included…

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Singapore 

Sex toys sold from vending machines in Geylang: How to stop minors from buying?, Singapore News

Adult toys sold from vending machines in Geylang have raised some concern as students have been seen entering the unmanned shop. MimiBox, located at the Le Regal complex along Geylang Road, has four vending machines and a display containing a plethora of sex toys. Chinese evening daily Shin Min Daily News reported that it is the first such shop here. The items on sale, which range from about $10 to $200, include vibrators, lubricant and extenders. Buyers purchase the items by inserting cash into the machine, which then either dispenses…

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