NEWS

Exclusive – Toy World talks to Beehive Toys

Published on: 9th August 2019

Beehive Toys was founded in 2016 and since then has seen sales of its ride-on, plush and wooden toys soar by +300% YOY.

Based in Somerset, Beehive designs and manufactures quality own-brand toys developed by a talented, young team. At the company’s helm is Richard Stone, founder, who’s used his decades of business experience to create a toy range that offers quality, reliability and competitiveness on price and margins.

“We own 23 units here on site in Somerset,” he explains, when asked how Beehive Toys came about. “One had become empty, and instead of renting it back out we made the decision to start a toy business. A great deal of thought had gone into the decision; we’d conducted a huge amount of research into the toy industry, looking at companies with business models like ours, what their profits were and what the turnover was. I had worked with a former toy industry sales manager for some 15 years, and although she was no longer working for Beehive, she was kind enough to consult for us, lending her skill and experience. Toby, who runs one of our other businesses, flew out to Hong Kong with her for the Asian Toys & Games Show and they came back full of fantastic ideas, having made some excellent contacts. We then selected products over the following six months, and the Beehive Toys business was launched.”

As well as supplying Amazon, Beehive works primarily with independent retailers, which the company considers to be ‘less risk, and properly financed’.

“Everything we offer is Beehive own-brand,” Richard adds. “The age range we focus on is 1-7 years old, and we create traditional, simple toys that appeal to all kids across three core areas – plush, wood and ride-ons. Beehive Toys is going from strength to strength and we’re very proud of what we’ve achieved so far. We’re investing significantly into the business long term and look forward to what the future holds.”

To read the full interview, which was published in our August issue, click here.

To find out more about Beehive Toys, click here, or call 01460 241800.

RECENT ARTICLES

Friday Blog

Planes, trains and automobiles…it’s the Friday Blog!

Outdoor Toy Awards 2022 winners announced

See the latest new roles added to Toy World’s recruitment round-up

Spin Master announces new animated series, Vida the Vet

Sylvanian Families launches Pony’s Stylish Hair Salon

Hasbro unveils Nerf’s first ever brand mascot

Licensing-X Germany prepares for October debut

BargainMax.co.uk secures new warehouse facility at PLP Ellesmere Port

B&M launches online home delivery service

WowWee launches My Avastars next gen fashion dolls