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During the 1970s, Gund expanded its product line by releasing toys and plush popular in other countries. [6] This included beanies and Gonk toys. In 1972, Gund was able to expand again thanks to Ling-Ling and Hsing-Hsing , two panda bears gifted to the United States from China as part of that country's panda diplomacy efforts.
The plush was sold as part of IKEA's annual Soft Toys for Education campaign, where the company donates a portion from each toy sold towards various causes. The name "Lufsig" is derived from the Swedish verb "lufsa", meaning "to lumber", and its transliterated Chinese name sounds similar to a profanity when pronounced in Cantonese .
Jazwares was founded in Sunrise, Florida in 1997 by Fadinhawa , who left his practicing law career to start the company. [1] Zebersky spent six months visiting factories in China and learning the toy manufacturing process before starting Jazwares, after his wife told him to pursue his dream of "making toys."
ZhuZhu Pets (Mandarin pronunciation: [tʂú tʂú], formerly known as Go Go Pets) is an American line of plush robotic hamster toys created by Cepia LLC in 2009. [1] Multiple spin-off toy lines, including ZhuZhu Puppies [2] and Kung Zhus, [3] have been released.
Plush toys, a hot category in the toy industry, did monster numbers: Pop Mart said revenue skyrocketed nearly 1,000% in the first half of the year, to $62.5 million.
Kelly Toys Holdings, headquartered in Los Angeles, California, was founded in 1986 by Jonathan Kelly. [5] In an interview with Yahoo!Finance, Kelly stated that he came up with the idea for Squishmallows when he went to Japan and saw a variety of appealing toy products, including plush toys.