Toy company Basic Fun on Friday filed for Chapter 11 in bankruptcy court in Delaware. The company sells its owned and licensed brand portfolio, which includes iconic toys by Lite Brite, Tonka, K’nex, ...

SOUTHAMPTON, Pa.--(BUSINESS WIRE)--Easy to pick up…hard to put down! That best describes the irresistible toy sensation – KOOSH! Now Basic Fun is bringing back the original KOOSH ball, under license ...

BOCA RATON, Fla., Feb. 24, 2025 /PRNewswire/ -- Basic Fun!, a global designer and marketer of toys and consumer products, announced today a worldwide licensing agreement with Hasbro, Inc. (NASDAQ: HAS ...

Toy makers in the U.S. are seeing President Trump's tariff predictions come true. On April 30, during a cabinet meeting, President Trump suggested that children may have to make do with fewer toys ...