Stride Rite Preps for a Blockbuster Summer

Footwear brand Stride Rite is ramping up its licensing efforts just in time for the blockbuster season with its all new Marvel-branded X-celeRacers shoes that feature Marvel super heroes like Iron Man, Captain America, The Incredible Hulk and Spider Man. The shoes, which will be available at locations where Stride Rite shoes are sold, come with an adjustable closure for a great fit, a grooved outsole for traction and lightweight cushioning for comfort.

Target Recalls Dangerous Bunny Sippy Cups

The Consumer Product Safety Commission (CPSC) in cooperation with Target Corp. is recalling 264,000 Target Home Bunny Sippy Cups. The rabbit-shaped toddler training cups have protruding ears that can poke a child in the eye during use. The recall was issued after six reports of the plastic ear poking children, with cuts and bruises in three of those reports.

Hasbro Joins One Direction Craze

Toy giant Hasbro is cashing in on the reinvigorated boy band frenzy with a collection of toys and games inspired by the super-popular One Direction. The line, which will launch globally, will feature fashion dolls and mini-figures of all five members of the boy band. "In the short time since the group's debut, One Direction has captured the hearts of many young fans across the world," notes John Frascotti, Hasbro's chief marketing officer.

Paul Frank Bows Kids' Furniture

Paul Frank and its iconic monkey character are teaming up with Najarian Furniture Company for a line of Paul Frank furniture for kids ranging from toddlers to teens. The collection will feature bedroom sets, storage cubes, stackable ottomans and desk chairs. "From a style and design perspective, our partnership with Paul Frank feels like a natural extension of what we do and allows us to create a great-looking product that is unlike anything else in the marketplace," explains Mike Najarian, president of Najarian Furniture Company.

Heidi Klum to Debut Exclusive Babies “R” Us Line

Babies "R" Us is partnering with model, Project Runway host and mom Heidi Klum to create a collection of newborn, infant, toddler and kid products called Truly Scrumptious by Heidi Klum. Products will be available exclusively at Babies "R" Us North American stores and online at beginning this fall. The collection will include mix and match apparel for kids up to 5 years, accessories, as well as room decor, furniture and bedding designed with whimsical color mixes and patterns.

Children’s Place Names New Financial Chief

Children's Place Retail Stores Inc. announced on Wednesday that it had named Steven Baginski as its new chief financial officer. Baginski has more than 25 years of financial and management experience that includes positions at Hercules Tire & Rubber Co. and Limited Brands Inc. and he most recently served as financial chief at Kellwood Co., a private apparel manufacturer.

L’Oreal Buys Cadum Baby Care Brand in a Deal Worth More Than $200 Million

L'Oreal has purchased baby products company Cadum to reach more customers in its domestic market, the French beauty giant announced on Thursday. Terms of the deal were not disclosed, but according to industry reports, the acquisition cost an estimated $264.5 million. Cadum will be added to L'Oreal France's Consumer Products Division, which includes the L'Oreal Paris, Garnier-Gemey-Maybelline and LaScad business units.

Lil'panda Signs a Slew of Licensing Deals

Tween fashion brand Lil'panda has signed a handful of licensees - the first for the brand - that are slated to hit shelves next spring. The collections include: greeting cards from American Greetings; headwear, gloves, scarves, sweatshirts, bags, wallets, coin purses, hosiery, audio accessories and lanyards from Bioworld Merchandising; girls' sportswear by Evy of California; plush from Gund; and juniors' and girls' tops by Leigh of California.

Big Tent, Mezco Produce Domo Toys

Big Tent Entertainment is teaming up with toy brand Mezco for a brand new line of products for the Domo -  a Japanese television character-brand. The collection, which will hit stores across the U.S. later this year, will include items such as bobble heads, clip-on figures, action figures and wind-up walking toys. "The Domo fanbase is always hungry for new and exciting collectibles featuring our iconic friend," notes Rich Maryyanek, chief marketing office for Big Tent. "This new line really captures the essence of the character."

K.I.D.S. 6th Annual Women in Industry Luncheon

On Thursday, May 1st Kids in Distressed Situations (K.I.D.S.) will take time to celebrate women who have made a positive impact in their fields. Honoree Kathy Ireland, CEO and Chief Designer of Kathy Ireland Worldwide, will also serve as the keynote speaker for the lunch. Other honorees include President of Stride Rite Children's Group Sharon John and President and General Manager of PBS KIDS Sprout Sandy Wax. The lunch will be held at The Plaza Hotel in New York City from 11:15 am to 2 pm and will include a reception and silent auction. Tickets are sold on a first come, first serve basis.