Spin Master

“This is our first Board Game Club take-over and it is definitely the right time with such a fantastic range of games launching this autumn,” said Spin Master’s Dharaa Patel.

“Our results not only reflect our innovative products and brands resonating with consumers but they are also a testament to the team’s effort in effectively managing the business through the industry-wide disruption caused by the Toys R Us US liquidation,” said Ronnen Harary, Spin Master’s chairman and co-CEO.

Spin Master claims Mattel’s Mecard toys infringe on at least two of Spin Master’s patents associated with its Bakugan toys.

“Spin Master is excited to be partnering with Mojo Nation this year and looking forward to meeting with the UK’s most talented top designers and toy inventors at the 2018 Pitch event,” said David Winter, inventor relations at Spin Master.

Marks Spin Master’s 20th acquisition since the company was founded.

Firm alleges that Alpha’s Screechers Wild toy infringes the patents covering its Bakugan toys, specifically the product’s magnetic transformation feature.

Revenue has jumped from $475m in Q3 2016 to $606.1m in Q3 2017, a new high for the firm.

Argos has revealed its predictions for the best selling toys of Christmas 2017.

Market intelligence firm Tractica has unveiled its latest report into the future of consumer robotics, with toys cited as a key driver for the sector over the next five years.

Spin Master has enjoyed a strong start to the year, with its Q1 2017 results showing a revenue increase of 40.8 per cent.