Friday, February 12, 2010

Toy makers look to tech, green materials for 2010

NEW YORK (Reuters) - From Mattel's "Puppy Tweets" linking pets to a Twitter feed to biodegradable nursery toys, toy makers are focusing on fun technology and green materials to win sales in 2010.
The top U.S. toy fair kicks off in New York on Sunday, with an eye to selling retailers on the best playthings for the year. With the country slowly emerging from recession, toy makers will still focus on value, experts say.
"There isn't a sweet spot per se. The emphasis is on value more than price," said NPD analyst Anita Frazier.
"You will see the manufacturers emphasize how much play time or value the kid gets out of the toy and then talk about the amazing price associated with that play value," she said.
U.S. toy retail sales fell less than 1 percent in 2009 after a disastrous 2008, while the recent holiday quarter saw unit sales rise nearly 4 percent over the prior-year period, according to market research firm NPD Group. Read more.

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