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Home > Company Index > Consumer Products-Durables > Toys, Games & Other Recreational Goods > Ty Inc.
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Ty Inc. |
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NEWS FROM THE STANDARD |
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Posts
Jan 03 2000 12:00 AM PST
QUOTED
Jan 03 2000 12:00 AM PST
PROFILE |
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Take some fabric, shape it like an animal, fill it with plastic pellets, and you too could own luxury hotels. That's the lesson taught by Ty Warner, sole owner of the firm behind Beanie Babies and their worldwide cult following. Since 1993 Ty has produced more than 325 different Beanie Babies, with colorful names such as Swoop the pterodactyl and Buzzie the bee, as well as hundreds of other Beanie toys. Beanies debut at about $6, but once "retired" they can fetch hundreds or thousands of dollars from collectors. Ty doesn't advertise, limits production, and sells Beanies only through small, specialty retailers. Beanie bucks enabled Warner to buy two Four Seasons hotels (in New York and California) in recent years.
COMPETITION |
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Applause LLC (dossier)
Hasbro, Inc. (HAS)
Play-By-Play Toys & Novelties, Inc. (PBYP)
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FINANCIAL OVERVIEW |
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Fiscal Year-End: December
2000 Sales (mil.): 800.00
1-Yr. Sales Growth: (36.0)%
Employees: 1,000
Revenue per employee: $800,000.00
KEY PEOPLE |
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H. Ty Warner
CEO
Michael W. Kanzler
CFO
CONTACT INFO |
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280 Chestnut Ave.
Westmont, IL 60559
US
Phone: 630-920-1515
Fax: 630-920-1980
Online: Web Site
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