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Loot Crate is announcing a wonderful news for Joe fans. G.I. Joe has been selected as the theme of the month for the Loot Crate DX bundle.

In addition to G.I. Joe, Marvel’s Guardians Of The Galaxy and Scooby-Doo will also be featured under Squad DX.

Official announcement:

“We’re putting together a ragtag SQUAD of epic gear from the greatest teams in pop culture for this month’s #LootCrateDX, including @Marvel’s #GuardiansOfTheGalaxy, #ScoobyDoo, & #GIJoe + a fun BONUS item! You in?”

You must apply for the bundle on or before November 19th via Loot Crate’s official website.

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Hasbro CEO Brian Goldner spoke to CNBC and Yahoo Finance yesterday, regarding the future of the company. Among the discussion points was the mitigation and contingency plan for the eventual US tariff increase to be imposed to toys manufactured in China.

As a temporary solution Hasbro is planning to pass-on the price increase to the customer and therefore safeguading the retailers.

“We’re having conversations with our retailers and of course we will pass along those costs.”

The company hopes to “effectively pass on those costs” by mitigating the margin internally. But “ultimately, [they] will be borne by the consumer over time.”

In long term, Hasbro is planning to make changes to the products to reduce the cost.

“With time, you can redesign and redevelop your product lines with those tariffs in mind…“

Hasbro is taking action to shift as much production out of China to other countries as possible ahead of this holiday season. About 67% of Hasbro’s merchandise is now sourced from China, down from 90% a few years back and 75% or so entering 2019. By the end of 2020, Goldner expects to have only 50% of Hasbro’s inventory reliant on China.

However, the toy giant is not planning to raise toy prices for the 2019 Holiday Season.

“We certainly want to ensure that we’re not raising prices on products right before the holidays. We would hope we would continue to have a productive dialogue and find other solutions to the situation.”

Increased tariffs will effect from December 15th onward.

under HissTank Community, Other

The Finest 2019 Charity Campaign!

“Do you love G.I. Joe, service dogs, and helping veterans? You’re in the right place!

For the fourth consecutive year, The Finest: A G.I. Joe Costume Club is proud to partner with K9s For Warriors – America’s largest provider of service dogs to veterans suffering from PTSD and other trauma as a result of military service post-9/11!

Since 2011, K9s For Warriors has graduated 524 veterans, and more than 1,000 dogs have been rescued! Every warrior that walks through the door is provided with a Service Canine, equipment, training, certification, seminars, legal instruction, vet care, housing, home cooked meals, unconditional love and listening, and a lifetime of services (including available lifelong healthcare for their dogs). The K9s program is 100% free for the veteran!

The Finest is proud to have many active duty service members and veterans in our ranks, and since our club was founded in 2007, we’ve strived to support charity organizations that help military service members after they return home in an impactful way. We are excited to continue supporting K9 For Warriors, but we need your help!”

Show your support here: The Finest 2019 Charity Campaign!

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After a successful 2nd Quarter in 2019, Hasbro CEO Brian Goldner spoke to CNBC to further clarify a statement made during their financial call.

Due to the recent Trade War between United States and China, Hasbro has decided to reduce its toy production in China and keep it under 50% by 2020.

The company currently produce 20% of its products in US while 67% comes from China.

“We’re increasingly spreading our footprint and adding new geographies for production globally,” Hasbro CEO Brian Goldner said during an earnings call Tuesday. “That includes new production in India and Vietnam.”

You can check out Mr. Goldner’s interview, after the jump.

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This news is strictly not G.I. Joe related; but perhaps one day it will be. Hasbro is giving us an inside look at their new Photo Real Technology.

With this new technology, the action figure characters are more like their celebrity counterparts in real life. Although the faces are not super realistic as the offerings from Hot Toys, it’s a huge leap forward without having to empty your wallets.

Dwight Stall (Hasbro Marvel Senior Design Manager): Once we have a 3D sculpt that we’re in love with, that matches our design spec, it gets turned over to the model shop. They will cast it, which is a process of taking the files, growing the files, taking those pieces, casting them in rubber molds so that we can make duplicates.

Sam Smith (Hasbro Star Wars Design Manager): So a lot of it kind of relies on on-set photography, especially for kind of getting some of the character likenesses. Really just being able to capture every angle of the character, every angle of the costume, and really being able to accurately recreate that in a digital sculpt.

Currently, Hasbro’s Photo Real Technology is being used on Marvel Legends, Star Wars Black Series and the upcoming Power Rangers Lightning Collection. We hope to see this same tech on future G.I. Joe figures as well.

You can read the full article on Business Insider.

What do you think about this new technology and its uses for G.I. Joe? Leave a thought on the thread associated with this news post. You can also find a video of the process, after the jump.

Photo Courtesy: Sister site ToyArk

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HASBRO AND ASICS TEAM UP FOR G.I. JOE SHOE LINE

NOW AVAILABLE EXCULSIVELY AT FOOT LOCKER

Limited edition GEL-LYTE III shoes inspired by iconic G.I. Joe characters Storm Shadow and Snake Eyes; New Era and Hex offer apparel and accessories to complete the look

(PAWTUCKET, R.I. – Feb. 22, 2019) – Global play and entertainment group Hasbro Inc. (NASDAQ: HAS) today announced a collaboration with footwear brand ASICS to create all-new colorways inspired by two fan-favorite G.I. Joe characters: Storm Shadow and Snake Eyes. The special edition GEL-LYTE III® shoes and coordinating apparel and accessories from New Era and Hex will be available exclusively at Foot Locker (NYSE: FL) stores worldwide February 22, 2019.

The line is inspired by an epic chapter in the G.I. Joe lore: the rivalry between Storm Shadow and Snake Eyes. Once brothers in arms as part of the Arashikage Clan, they find themselves on opposing sides of the struggle between G.I. Joe and Cobra. Now Storm Shadow and Snake Eyes each adorn their own GEL-LYTE® III shoe designed by world renowned pop artist Anderson Bluu. Uncompromising on style and comfort, the GEL-LYTE® III boasts iconic and innovative design that wouldn’t be complete without the split tongue and ASICS’ famous GEL® technology cushioning; a silicone-like material that effectively absorbs shock and protects the feet from high-impact strikes.

The black Snake Eyes model features a crystal rubber outsole with a discovery element, premium emblem and reflective detailing with black leather; the model is elevated and modernized with custom art on the insert. The white Storm Shadow model features a crystal rubber outsole which masks the character beneath while the premium emblem detailing grounds the model in the story. Through the intertwining of story and design aesthetic the model is elevated and modernized with custom art on the insert. On the bottom of both shoe models is an iced outsole revealing Zartan – a shadowy figure who plays a key part in the Snake Eyes and Storm Shadow story.

“ASICS has a solid reputation of launching innovative designs to consumers across the globe and we are proud to bring G.I. Joe characters to life in an entirely original way,” said Casey Collins, General Manager and Senior Vice President of Entertainment and Licensing at Hasbro. “We know fans and collectors will appreciate the care and detail ASICS has taken in every aspect of the release from the shoe detailing to the packaging.”

“We were inspired by the story of Storm Shadow and Snake Eyes to create these shoes in collaboration with Hasbro,” said Lindsey Sweeney, Global GM Sportstyle Footwear, ASICS. “The characters represent a true Yin and Yang – a duality and symmetry that link their lives together – and we were excited to take that inspiration to our GEL-LYTE III® model.”

The ASICS x G.I. JOE shoes will be sold exclusively at FootLocker.com and select POP by Foot Locker doors because Knowing is Half the Battle.

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under Compatible Military Toys, Other

ANIMAL WARRIORS OF THE KINGDOM™ Deluxe Series: will consist of Gorilla, Bear, and Buffalo warriors, including the series’ favorites like the heroic “General Thane” and the nightmarish bear, “Belarus.” Each figure features 18 points of articulation as well as removable armor and weapon accessories!

http://alturl.com/89nek

FIGURE INCLUDES: 1 Figure, accessories and removable armor! Mix and match your figures, weapons and gear to create unique army builders.

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Earlier this morning, Hasbro held their 2018 1st Quarter Financial Results conference call to investors and press. HISSTANK staff attended live online to learn how Hasbro did last quarter and what lies ahead in the future.

Hasbro is working hard to recover from the impact created by Toys”R”Us Bankruptcy. It was reported that a loss of $61.4 million was associated with the unfortunate event. With this loss, Hasbro posted a total $112.5 million loss in Q1 2018 results.

“The Hasbro teams executed extremely well during a challenging first quarter,” said Brian Goldner, Hasbro’s chairman and chief executive officer. “Hasbro brands are resonating with consumers and consumer takeaway is positive. However, as we discussed earlier in the year, our first quarter was expected to be difficult. We are working to put the near-term disruption from Toys”R”Us behind us. Our global retailers view this as an opportunity in a key consumer category and are partnering with Hasbro to develop growth plans for our brands. New Hasbro initiatives shipping in this quarter and beyond won’t be caught up in the Toys”R”Us liquidation process. With the rapid shift to a converged retail environment, we accelerated plans we originally had spread throughout the year to transform our commercial organization on a more immediate basis.”

With that, we wrap-up our report of the financial call. You can check out an infographic of the summary, after the jump.

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