ReportWire

Tag: hub

  • World’s toymakers set up shop in El Segundo’s new toy hub to be near Barbie

    [ad_1]

    It’s only September, but the world’s toymakers and designers are converging on El Segundo this week for an industry conference to decide on the hottest toys for next year.

    The city has long been a hub for the toy industry as companies like to set up shop in the shadow of Mattel, the maker of Barbie. This week, the industry opened a new tower of toys, an office complex featuring 65 showrooms for toy companies to showcase their products and discuss design with their wholesale customers.

    In his toy-filled suite with sprawling views of the commercial neighborhood near LAX, Italian toy maker Matteo Sarnari prepared for the coming fall onslaught of professional buyers he hopes will buy his wares in bulk.

    Sarnari is a business developer for educational toy creator Clementoni, which was established in a small Italian village in 1963 and recently established a U.S. division to move into the American market.

    “Of course, this is the most important market in the world,” Sarnari said, 41 times bigger than the Italian market where Clementoni sells educational toys. “The opportunity here is huge.”

    A glow-in-the-dark “Stranger Things” puzzle is displayed in Clementoni’s new showroom at the Toy Building.

    (Juliana Yamada / Los Angeles Times)

    The company has licenses to make “Harry Potter” and “Stranger Things”-themed puzzles, joining its line of board games, science toys and musical toys for small children.

    Clementoni’s El Segundo beachhead is the new Toy Building, which was opened on Monday by the Toy Assn., a trade group for U.S. toy companies.

    While the February Toy Fair in New York is the industry’s largest annual event, the El Segundo toy showroom building is the only one in the country that operates year-round.

    Toy Assn. President Greg Ahearn at the Toy Building.

    Toy Assn. President Greg Ahearn poses for a portrait at the Toy Building.

    (Juliana Yamada / Los Angeles Times)

    Los Angeles is a major hub of the U.S. toy industry, said Toy Assn. President Greg Ahearn. Many toy companies are headquartered or have a significant presence here.

    Among the big players are Chatsworth-based MGA Entertainment, the company behind Bratz and L.O.L. Surprise! dolls, Canadian toy and entertainment company Spin Master and Santa Monica’s Jakks Pacific, a maker of licensed toys such as Sonic the Hedgehog.

    The headquarters of industry giant Mattel is a short walk from the Toy Building and looms large in the views from the renovated 1970s office building in a neighborhood that used to house more aerospace companies.

    The Toy Building in El Segundo.

    The Toy Building on Wednesday in El Segundo.

    (Juliana Yamada / Los Angeles Times)

    As aerospace has scaled back since the end of the Cold War, El Segundo has emerged as a hub for many creative businesses, including toys.

    The city is “incredibly convenient” to the toy industry and people who do business with them, Ahearn said, because it’s near Los Angeles International Airport and multiple large and small toy companies are located there. Among them are the U.S. office of Moose Toys, an Australian maker of collectible mini-figures.

    “El Segundo represents the greatest concentration of toy manufacturers in the U.S.,” he said.

    Toys are a huge business — the industry generated $42 billion in sales in the U.S. last year. Sales remained flat compared with the previous year.

    The opening of the Toy Building coincides with the annual fall preview of toys manufacturers hope will be on Christmas wish lists the following year, he said. “That’s how far ahead our industry works.”

    Clementoni baby toys are displayed in their new showroom at the Toy Building.

    Clementoni baby toys are displayed in their new showroom at the Toy Building.

    (Juliana Yamada / Los Angeles Times)

    At the fall preview, retailers and licensors of toys such as Paramount, Universal and Disney join others in the toy business to “descend on Los Angeles to actually see product that is going to be available for holiday 2026,” Ahearn said.

    Licensed toys are a huge category, he said, as big entertainment providers serve up branded fare such as Star Wars action figures, SpongeBob SquarePants plush toys and Paw Patrol toddler tricycles.

    Even online media personalities such as MrBeast and Ms. Rachel have toy lines.

    “All of them usually have some level of toy licensing and merchandising that is available to consumers as part of their plan,” Ahearn said.

    A Clementoni brand "Pen Creator Studio" toy is displayed in a new showroom at the Toy Building.

    A Clementoni brand “Pen Creator Studio” toy is displayed in a new showroom at the Toy Building.

    (Juliana Yamada / Los Angeles Times)

    The Toy Building’s four floors were designed to serve as a “mini convention center” for the industry operating year-round, said Nelson Algaze, chief executive of SAA Interiors + Architecture, which created the space.

    It has 65 showrooms and is so far home to such brands as Crayola, Funko and Hasbro. Each floor has about 20,000 square feet and most of the showrooms are between 625 and 2,500 square feet. The showrooms are nearly 70% leased.

    Although it has lounges and meeting rooms, the Toy Building also has an element of secrecy not typically associated with a convention facility as some toymakers keep their products hidden from the competition with barriers that prevent passersby from seeing inside.

    Photography is mostly forbidden.

    More directly looming over the industry is the fallout from President Trump’s tariffs on imported goods, which are expected to drive up the cost of toys.

    In April, the Toy Assn. urged the U.S. government to grant an immediate reprieve from tariffs on toys imported from China to keep them on retail shelves and available for the holiday season.

    “As we move into the critical holiday season, there is now some trepidation with what the impact of tariffs is ultimately going to be,” Ahearn said.

    Toys are displayed in Clementoni's new showroom at the Toy Building.

    Toys are displayed in Clementoni’s new showroom at the Toy Building.

    (Juliana Yamada / Los Angeles Times)

    [ad_2]

    Roger Vincent

    Source link

  • A River North Bar Wants to Lure Younger Drinkers With Quality, Affordable Cocktails

    [ad_1]

    Lettuce Entertain You Enterprises’ overhaul of the Hub 51 space in River North starts with the unveiling of a wallet-friendly cocktail bar. Gus’ Sip and Dip aims to prove that downtown bars can pour quality cocktails at affordable prices at all times of the day, not just happy hour.

    The menu will consist of classic cocktails all priced at $12. A bar program with housemade ingredients, — including juices and syrups — as well as in-house ice making will help keep prices low.

    Costs are a worry, but Kevin Beary also cites hard seltzers and ready-to-drink canned cocktails as reasons the next generation of drinkers has shifted away from cocktails that are mixed in front of them by bartenders. “It’s a concerning sign when we see folks of the younger age groups gravitating towards those,” says Beary.

    “I’m so concerned for the future of cocktails that I feel like I need to expose as many people to great classic cocktails as possible,” he adds.

    Gus’, which should debut next month at 51 W. Hubbard Street, is Beary’s brainchild — he’s the beverage director of Three Dots and a Dash, the Bamboo Room, and the Omakase Room at Sushi-san. For the 30 cocktails, Beary promises ingredients, techniques, and presentations that guests are familiar with and a curated selection of premium spirits. “Instead of offering a 200-bottle back bar where I have a ton of inventory, I’m focusing solely on the spirits we use to make the cocktails,” he says.

    Complementing the cocktail list — ranging from a “killer White Russian” and amaretto sour to a traditional martini — will be an ambiance that channels classic taverns. “It’s supposed to feel like a bar that could have been there for the past 50 years,” Beary says. “Classic in nature, very approachable, and somewhat familiar.”

    Glassware also went through a careful selection process, especially since the various glasses will be stored in freezers under the bar. “I wanted to have every piece of glassware come chilled,” he says.

    Taking over one-third of the former Hub 51 space, Gus’ Sip and Dip will seat about 75 guests. Located in the center of the room, the 25-seat U-shaped bar will feature leather-wrapped arm rails. Leather booths surround the room with a few high-tops near the bar.

    In addition to cocktails, a light and a dark beer have been custom brewed for Gus’. Beary says McSorley’s Old Ale House in New York, which has been open for two centuries, inspired the move. He declined to say which two breweries were making the beer. There’ll be cider, too. Wine offerings will be limited to a red and white burgundy.

    The food menu, headed up by RPM Restaurants chef Bob Broskey, will feature classic tavern favorites, including a wagyu French dip, Caesar salad, shrimp cocktail, and a burger.

    “I’m trying to create a bar that is going to be very appealing to your seasoned cocktail drinker but can also be a really good introduction to this classic style of drinks for the next generation,” says Beary.

    Hub 51 had a 16-year run before it closed in June. Sharing the Hub 51 space with Gus’ will be Crying Tiger from HaiSous chef Thai Dang, opening next year.

    Gus’ Sip and Dip, 51 W. Hubbard Street, opening in December

    [ad_2]

    Lisa Shames

    Source link

  • Hub 51 Will Close in June After 16 Years

    Hub 51 Will Close in June After 16 Years

    [ad_1]

    Hub 51 will close next month after 16 years in River North, according to a news release. The two-level, part restaurant, and part bar, marked a new chapter for Chicago’s largest hospitality company, Lettuce Entertain You Enterprises, as it symbolized a passing of the torch from co-founder Rich Melman to his sons, Jerrod and R.J. Hub 51 was a canvas for the brothers in establishing their own venture.

    The space also featured a bar, called Sub 51, and plenty of rooms for private events. Hub 51’s menu was, eclectic to say the least, covering a tremendous amount of ground from fish tacos, to chili, to chicken tenders. While the restaurant debuted with a roar, busy on weekends, and where visitors would see the occasional celebrity, at the end it felt like a garden variety chain. And even as a LEYE restaurant, that was never ownership’s original intention.

    In closing Hub 51 at 51 W. Hubbard Street — its final day is scheduled for Saturday, June 8 — LEYE is turning the page again and introducing a pair of new venues. They’ve recruited HaiSous’s Thai Dang and the Vietnamese-born chef will debut a Southeast Asian restaurant, Crying Tiger, in 2025. Crying Tiger is a reference to the marinated beef dish often served as an appetizer at Thai restaurants. The “tears” are from the juicy fat dripping from the meat during cooking and hitting the flames of the grill.

    Dang’s Pilsen restaurant, which he runs with his wife Danielle Dang, won’t be impacted. HaiSous will remain independent as LEYE has also made him a partner in the endeavor. Lettuce has selected David Collins Studio — the same interior architecture firm that designed Tre Dita, its lavish restaurant inside the St Regis Chicago — to design Crying Tiger.

    For Dang, who moved to Chicago from Virginia to follow the career of French chef Laurent Gras, partnering with LEYE is a full-circle moment. Gras was working at Michelin-starred L20. At the time of his arrival, Dang says he didn’t know that L20, which was open from 2008 to 2014, was a Lettuce Entertain You restaurant.

    But before Crying Tiger opens, Lettuce will unveil a cocktail bar later this year. It’s called the Dip Inn and will feature “expertly crafted iconic drinks.” LEYE is calling it a “classic American cocktail bar.” The drinks are from Kevin Beary, the beverage director at the company’s tropical-themed bars in River North, Three Dots and a Dash, and the Bamboo Room.

    Details are scarce but look for more information in the coming days. In the meantime, Chicagoans have less than a month to say goodbye to Hub 51.

    Crying Tiger, 51 W. Hubbard Steet, planned for a 2025 opening

    The Dip Inn, 51 W. Hubbard Steet, planned for a late 2024 opening

    [ad_2]

    Ashok Selvam

    Source link