Ty Inc. · Westmont, IL United States
Company Description
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This link will open in a new window 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 Ty Inc., the company behind Beanie Babies and their worldwide cult following -- popular with kids and adults alike. Since 1993 Ty has produced more than 365 different Beanie Babies with colorful names such as McLucky the bear (current) and Cheeks the baboon (retired). Other products include Beanie Buddies (bigger versions of traditional Beanies), Ty Classics (stuffed animals), Ty Girlz (cloth dolls), and Bow Wow Beanies (pet toys). Beanie bucks enabled Warner to buy a half dozen luxury hotels (mostly in New York and California). To read the full description, subscribe now.
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Key Ty Inc. Financials
| Company Type | Private Headquarters |
| Fiscal Year-End | December |
| Employees | 500 |
Ty Inc. Executives
5 executives listed for Ty Inc.'s Westmont, IL location.
| Title | Name & Bio | Contact |
| Chairman and CEO | H. Ty Warner | Network |
| CFO | Richard Jeffrey | Network |
| SVP Sales | Tania Lundeen | Network |
Competition
Competitive Landscape for Ty Inc.
Growth in the population of children age 12 and younger drives demand for toys; demand for electronic gaming products is driven by personal income and product innovation. The profitability of individual companies depends on identifying market trends and marketing effectively. Large companies can offer a wide selection of toys, and have scale advantages in purchasing, manufacturing, distributing, selling, and marketing. Small companies compete effectively by specializing in a product segment, or responding faster to market trends. The electronic gaming console industry is capital-intensive. Toy manufacturers face increasing competition from other sources of entertainment for children, including the Internet, television, and other consumer electronics. To read the full description, subscribe now.Top Ty Inc. Competitors
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