Wicked Cool Toys will operate as a division of Jazwares as it pursues opportunities in global toy market.
Jazwares has acquired Wicked Cool Toys, it was confirmed yesterday (October 1).
Wicked Cool Toys – which designs, develops and produces both licensed and own brand properties including plush, action figures, fashion accessories and games – will now operate as a division of Jazwares, with day to day operations not being impacted, according to ceo and president Judd Zebersky.
“Led by Michael Rinzler, Jeremy Padawer, and Thomas Poon, WCT has built an impressive reputation in the industry for spotting on-trend licences, reinvigorating nostalgic brands, and collaborating with inventors to develop new products,” Judd commented. “We are thrilled to partner with WCT and its talented employees, leveraging the company’s offices in Pennsylvania, California and Hong Kong.”
Jeremy Padawer, co-president and partner of Wicked Cool Toys, added: “Jazwares’ product development expertise, global reach, and extreme passion for play will allow us to break new ground together in the toy industry and beyond.”
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