Tru Kids is a new company celebrating over 70 years of heritage with an expert team focused on families, kids, and play. The company has offices in New Jersey, USA, Hong Kong & Shenzhen, China. The company delivers a wealth of services to our valued license partners around the world, in addition to design and development of over 20 additional established consumer brands. Established in January 2019, Tru Kids is focused on growing its family of brands through innovative partnerships that deliver kid-and-parent-focused experiences that expand beyond traditional retails concepts in the physical and digital spaces. Tru Kids ™ is the parent of beloved brands, including Toys”R”Us ®, Babies”R”Us ®, Geoffrey the Giraffe ®, Journey Girls ®, Fastlane ®, True Heroes ®, You & Me ®, Imaginarium ®, and Just Like Home ®. doesn’t have to go through another holiday without these beloved brands,” added Barry.įurther updates on the U.S. “We have an incredible team focused on bringing Toys”R”Us and Babies”R”Us back in a completely new and reimagined way, so the U.S. Tru Kids will be headquartered in New Jersey with a skilled team of returning Toys”R”Us employees. Tru Kids’ global partners are set to bring the joy of Toys”R”Us and Babies”R”Us to more customers through the opening of 70 stores this year in Asia, India and Europe and the development of new e-commerce platforms in several key markets. The Company will work closely with each to expand the Toys”R”Us and Babies”R”Us businesses in their respective markets as well as actively seek opportunities to bring the brands to new and emerging territories. Korea), Marketing Services and Commercial Projects Operation Company (Saudi Arabia), Tablez & Toyz Private Ltd. ![]() LLC (UAE), Green Swan (Iberia), Keshet-Hypertoy Ltd (Israel), Lotte Shopping Co. Global partners include Al Futtaim Sons Co. In addition, our strong global footprint is led by experienced and passionate operating teams that are 100% focused on growth.” “We have a once-in-a-lifetime opportunity to write the next chapter of Toys”R”Us by launching a newly imagined omni channel retail experience for our beloved brands here in the U.S. market share this past holiday season, there is still a significant gap and huge consumer demand for the trusted experience that Toys”R”Us and Babies”R”Us delivers,” said Richard Barry, President & CEO of Tru Kids Brands. “Despite unprecedented efforts to capture the U.S. In the U.S., Toys”R”Us and Babies”R”Us continue to have incredibly strong brand affinity and loyalty with more than 9.5 million followers across their social media channels. This brand power remains as Toys”R”Us and Babies”R”Us generated over $3 billion in global retail sales in 2018 through more than 900 stores and e-commerce businesses in 30+ countries across Asia, Europe, Africa and the Middle East. Geoffrey the Giraffe, the beloved mascot of Toys”R”Us for more than 50 years, is adored by kids and their families all around the world. ![]() ![]() Shmidman is the CEO of Wave Hill Partners, and the former CEO of Sequential Brands Group.įor over 70 years, Toys”R”Us has celebrated the joys of childhood with kids of all ages and Babies”R”Us has been the destination for all new and expecting parents. The company also appointed brand management veteran Yehuda Shmidman as Vice Chairman to advise on global strategy and execution. Tru Kids Brands will be led by Richard Barry, the former global chief merchandising officer at Toys”R”Us, who will serve as President & CEO along with an experienced management team that includes Matthew Finigan as CFO, James Young as EVP of Global License Management & General Counsel, and Jean-Daniel Gatignol as SVP of Global Sourcing & Brands. doing business as Tru Kids Brands ™, became the proud parent of Toys”R”Us ®, Babies”R”Us ®, Geoffrey ® and more than 20 established consumer toy and baby brands. 11, 2019 /PRNewswire/ - Toys”R”Us ® has officially emerged as a new company, with new leadership and a new vision to deliver the magic of its iconic brands around the world.Įffective January 20, 2019, the new company, Tru Kids Inc. Toys”R”Us Emerges with New Vision, Team & Global Strategy
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