JAKKS Pacific Expands International Sales Operations With Enhanced Supply Chain, Bolstered Sales Teams
03 August 2020 - 11:00PM
Business Wire
Leading toymaker JAKKS Pacific, Inc. (NASDAQ: JAKK) is pleased
to announce strategic moves to enhance direct sales teams and
bolster its supply chain in the key international markets of Spain,
Italy and Mexico.
With a new distribution and logistics facility, based in
Rotterdam, The Netherlands, JAKKS is well positioned to support its
direct sales. By moving goods through Rotterdam, the largest
gateway into Europe, JAKKS will be able to achieve increased
economies of scale with centralized all-continental European
distribution operations.
“It is great to have been able to implement these meaningful
updates to our international sales capabilities, within a
challenging landscape that has been painfully affected by the
COVID-19 pandemic,” said Dan Cooney, EVP JAKKS International
Division. “We have further established our ability to sell
directly, as appropriate, while continuing to nurture and protect
our very strong network of all-important distribution
partners.”
In addition to its European activities, and after many years of
expanding direct selling efforts in Mexico, JAKKS’ Mexico City
office is now fully established to manage 100% of its direct sales
in the market. This office will both enhance the operations and
finance team in the Mexico City, as well as serve as a hub for all
LATAM customer support, retailers and distributors.
JAKKS will continue to work with its key distributor partners
worldwide to maximize sales opportunities for its broad
multi-category portfolio of licensed brands, as well as products
based on JAKKS’ internal I.P.
About JAKKS Pacific,
Inc.
JAKKS Pacific, Inc. (NASDAQ: JAKK) is a leading designer,
manufacturer and marketer of toys and consumer products sold
throughout the world, with its headquarters in Santa Monica,
California. JAKKS Pacific’s popular proprietary brands include; Fly
Wheels™, Kitten Catfe™, Perfectly Cute™, Real Workin’ Buddies™,
Squish-Dee-Lish™, XPV®, Disguise®, Moose Mountain®, Maui®, Kids
Only!®; a wide range of entertainment-inspired products featuring
premier licensed properties; and C’est Moi™, a new generation of
clean beauty. Through JAKKS Cares, the company’s commitment to
philanthropy, JAKKS is helping to make a positive impact on the
lives of children. Visit us at www.jakks.com and follow us on
Instagram (@jakkstoys), Twitter (@jakkstoys) and Facebook (JAKKS
Pacific).
© 2020 JAKKS Pacific, Inc. All rights reserved.
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version on businesswire.com: https://www.businesswire.com/news/home/20200803005107/en/
JAKKS Pacific Jared Wolfson,
(424) 268-9571 SVP, Media and Entertainment
Gateway Investor Relations
Sean McGowan, (949) 574-3860 Managing Director
smcgowan@gatewayir.com
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