Popular Squishmallows Expands as A Powerhouse Global Lifestyle Brand With Cross-Category Licensing Program

2022-07-23 04:05:41 By : Mr. Steve Wang

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SUNRISE, Fla. , Dec. 7, 2021 /PRNewswire/ -- Jazwares, a global leader in toys and licensing, along with its Kellytoy subsidiary, today unveiled an expansive consumer products licensing program supporting its Squishmallows® plush brand sensation. On the heels of a monumental milestone of 100 million Squishmallows sold, Jazwares is teaming with best-in-class licensees making Squishmallows one of the fastest growing global lifestyle brands for fans, families, and collectors around the world.

Popular Squishmallows Expands as A Powerhouse Global Lifestyle Brand with Cross-Category Licensing Program.

"As the Squishmallows brand evolves, we're focusing on impactful category collaborations that entertain and delight our millions of fans in authentic, meaningful ways," said Judd Karofsky , Executive Vice President, Jazwares. "Our licensing partners are embracing the Squishmallows brand DNA and we can't wait to launch unique new merchandise to a wide range of retailers and consumers this year and beyond."

Each Squishmallows has a unique name and backstory that brings its personality to life. Squishmallows are sold at thousands of retail outlets across the county, including independent and specialty stores, amusement parks, and national chains such as Target, Five Below, Walgreens, Walmart, Learning Express, Cracker Barrel, CVS, Costco, Justice, and Hallmark.

Since Squishmallows debuted in 2017, each plush has featured its own lovable personality and have become known for their ultra-soft feel and whimsical design that have delighted fans of all ages, both online and in person. Cuddly, collectible Squishmallows are a social media sensation that continue to cultivate a strong following online. Organic Squishmallows content has generated nearly 5 billion video views on TikTok and @squishmallows (and related hashtags) have been tagged in more than one million Instagram posts. The Squishmallows social media channels have ballooned to more than 700,000 followers and nearly 100 global and local Facebook groups have been created by fans.

More than 1,000 Squishmallows ranging from two to 24-inches in size have gained the attention of bona fide Squishmallows fans in more than 40 countries. Such strong brand retention has resulted in multiple line extensions, including HugMees ™, Squish-Doos ™, Heroes, Flip-A-Mallows™, and Squishville™.

©️2021 Kelly Toys Holdings, LLC. All rights reserved. Squishmallow and Squishmallows are trademarks of Kelly Toys Holdings, LLC.

About Squishmallows Squishmallows® is a super soft, huggable range of collectible plush toys that have grown into an international social media sensation. Launched in 2017 with eight characters, the line now features more than 1,000 original characters, each with a unique name and biography, and more than 12 sizes ranging from two to 24 inches. Squishmallows are for all ages, offering fun and comfort coupled with a diverse and inclusive online community of hundreds of thousands of fans and collectors. The Squishmallows line has expanded to include HugMees™, Squish-Doos™, Heroes, and Flip-A-Mallows™; Squishville is the all-new Squishmallows-inspired line of collectible playsets and accessories. Squishmallows is represented by Creative Artists Agency (CAA). www.squishmallows.com 

About Kellytoy Kellytoy, a subsidiary of Jazwares, LLC, manufactures a portfolio of award-winning everyday and seasonal plush products that includes its best-selling Squishmallows®, Kellybaby as well as a pet products line called Wags & Purrs™. Over the past three decades, Kellytoy has positioned itself to meet the needs of its customers in mass market, gift/specialty/toy retailers, party and pet stores, supermarkets, discount stores, drug stores, amusement parks and even crane machines in arcades the world over. Kellytoy also makes products in collaboration with leading classic characters, including major licenses, as well as blockbuster theatrical franchises. www.squishmallows.com

About Jazwares Jazwares, a subsidiary of Alleghany Capital Corporation, is a global leader in consumer products including toys, plush, action figures, collectibles, musical instruments, and recently expanding into the costumes and pets category. Jazwares' portfolio includes a variety of dynamic licensed and wholly owned brands. With over 20 years of design, development, and manufacturing expertise, Jazwares is an award-winning company with a progressive focus on identifying new trends and transforming them into high-quality products for consumers of all ages.

Jazwares, which is headquartered in Sunrise, FL , has offices around the world and sells in over 100 countries. Since its inception in 1997, Jazwares continues to grow through the development of new products and the strategic acquisitions of companies like First Act™, Russ Berrie™, Zag Toys™, Wicked Cool Toys™ and Kellytoy®. For more information about Jazwares, please visit www.jazwares.com.

This release contains disclosures which are forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. Forward-looking statements include all statements that do not relate solely to historical or current facts, and can be identified by the use of words such as "may," "will," "expect," "project," "estimate," "anticipate," "plan," "believe," "potential," "should," "continue" or the negative versions of those words or other comparable words. These forward-looking statements are based upon Jazwares' current plans or expectations and are subject to a number of uncertainties and risks. These statements are not guarantees of future performance, and Jazwares has no specific intention to update these statements. As a consequence, current plans, and anticipated actions may differ from those expressed in any forward-looking statements made by Jazwares or on Jazwares' behalf.

Media Contacts: Sara Rosales | Jazwares | 310-413-2413 | [email protected] Bret Ingraham | Jazwares | 818-331-6911 | [email protected]

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