Scottsdale 5/21/2015 8:00:00 PM
QualityStocks News - One World Holdings (OWOO) Continues to Expand Presence in the Growing Toy Industry
QualityStocks would like to highlight One World Holdings (OTCQB: OWOO) subsidiary, The One World Doll Project, established in 2010 to make a significant positive cultural impact through the doll category, transcending global and ethnic borders to create positive self-image in young women and girl around the world. Led by worldwide famous doll designer Stacy McBride-Irby, The One World Doll Project team has more than 50 collective years in the doll and toy industry and is dedicated and armed with the experience to ensure that the dolls are of the highest quality and value.
In the company’s news:
Interest in the toy market is back on the rise. Highlighting this fact, the Toy Industry Association recently reported that 2014 saw a four percent increase in overall industry revenue. One World Holdings, Inc. (OTC: OWOO), through wholly-owned subsidiary The One World Doll Project, is prepared to capitalize on the thriving market. The company has realized tremendous growth in market share over recent months, and it’s shown no signs of slowing down.
“We are pleased to report strong revenue growth in 2014,” stated Joanne Melton, Chief Executive Officer of One World. “[W]e look forward to a significant increase in sales revenue for 2015.”
In 2014, the company’s annual revenue increased by over 500 percent from the previous year on the heels of a collection of distribution agreements with some of the world’s largest toy retailers. In particular, deals with Toys”R”Us, Walmart and Amazon have put the Prettie Girls! brand on a promising global stage that should promote sustained growth in the future.
Maximizing the effects of One World’s expanded distribution network, the company’s founders recently completed a promotional tour in New York City which included features in numerous nationwide media channels, including USA Today, The Huffington Post, CNN and Fox. This tour, along with the company’s presentation at the International Toy Fair earlier this year, provides One World with a formidable springboard moving into the critical holiday shopping season.
“Our appearance at Toy Fair coupled with national distribution of our dolls represent major milestones for One World,” continued Melton. “[W]e expect to see even more sales as the 2015 Christmas season draws closer.”
The Prettie Girls! dolls are designed by industry veteran Stacey McBride-Irby. Throughout her 15 years with industry giant Mattel, McBride-Irby designed a host of iconic dolls, including Mattel’s first African-American doll line. The industry experience that she brings to the company sets One World apart from the competition, and forecasts for the coming months are increasingly bright.
According to the Toy Industry Association, the domestic toy market grew to approximately $22 billion last year, and the doll category accounted for just under 13 percent of total market share. With One World’s recent push through both retail and media channels, the company could be on the brink of significant growth within the industry. Look for potential expansions to current distribution agreements to provide the company with significant opportunities for increases in market share over the months to come.
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