A Background on Fisher Price
Started in 1930 by a Herman Fisher, Fisher Price has been making toys and equipment for children and infants for almost 100 years. Starting off by selling a Dr Do little, the company had little selling success until the 1950s where they decided that plastic could be a good material to use for toys. This effectively changed the toy world, as fisher Price was one of the first companies to use plastic to make toys.
In 1969 Herman Fisher retired from being the owner of the company, as Fisher Price was purchased by Quaker Oats. In 1991 Fisher Price once again reached its independence from the Quaker Oats Company, and became a publicly traded company. Since then, they have got bigger and have increased their revenue dramatically.
Over the last 80 years Fisher Price have been in business, they have created around 5000 toys and certain pieces of equipment. They are widely believed to be a main founder in the modern toy industry and up till today have fantastic selling records and vast amounts of orders.
Brands that have been marketed by Fisher Price include Disney, Dora the Explorer, Sesame Street and Barney. These all proved to be fast selling products for the company, as at the time when the programs came out millions of children watched them, thus wanting the products.
A sub section of Fisher Price is Babygear products. Although not kicking off that much until recently, this series of products is proving to be a hit all over the world. They make various items from baby chairs and bouncing chairs to cots, toy cars and beanbags.
Fisher price have a good name, and have rarely been involved in any trouble with the law or with other companies. However in 2001 a product recall involved over a million toys due to fears the paint used could contain lead, however at the time many other companies were using the same paint so it seems unfair to pin point all the blame onto Fisher Price, as a lot more companies were doing it.
