- Vivid Imaginations
Infobox Company
name = Vivid Imaginations
type =Private company limited by shares
genre =
foundation =United Kingdom (1992)
founder =
location_city =Guildford ,Surrey
location_country =United Kingdom
location =
locations =
area_served =
key_people = Nick Austin (CEO)
industry =Toy wholesaling , distribution and manufacture
products =Bratz (2004-2008),Disney , Playmates,Toy Biz
services =
market c
revenue =
operating_income =
net_income =
assets =
equity =
owner =
num_employees = 90 (2004)
parent =
divisions =
subsid =
homepage = http://www.vividimaginations.co.uk
footnotes =
intl = yesVivid Imaginations is a company located in
Surrey ,England that wholesales, manufactures and distributes licensedtoys , includingBratz from 2004 to 2008;Disney lines such asWinnie-the-Pooh andDisney Princess , television and movie merchandise from "The Simpsons ", "Spider-Man" and "Harry Potter";Crayola andCabbage Patch Kids .cite web |url=http://www.vividimaginations.co.uk/pages/about-us.php |title=Company history |accessdate=2008-08-28 |publisher=Vivid Imaginations]Vivid Imaginations was founded in 1992 by former Matchbox Toys UK Managing Director Nick Austin and Finance Director Alan Bennie, with a loan of £380,000 from friends.cite news |first=Tom |last=Bawden |title=Phoenix toys with sale of Vivid |work=Business |publisher="
The Times " |date=2005-02-12 |page=61] The annual company turnover was £9.8 m in its first year and increased to over £20 m in 1996. The increase was partly due to acquiring the rights to distributeDisney and "The Simpsons " products in 1996 and distributing the Toy of the Year, the Pogmaker. Jordan Group, aprivate equity company fromNew York , bought an 80% stake in Vivid in 1998 for £25 m.In 1999, Vivid started distributing
Sindy and obtained the rights to Playmates andToy Biz products. Vivid became the third-largest advertiser in the United Kingdom and the number three toy company in 2000. In 2003, Vivid Imaginations was bought byPhoenix Equity Partners , its management and venture capital company, for £62 million. [cite news |title=Management buyout of Vivid Imaginations |publisher="The Lawyer " |date=2003-01-20 |page=11]Vivid Imaginations acquired licensing rights to
Bratz in 2004. Vivid had a strong market share in the boys' toy sector and saw Bratz as the opportunity to boost its girls' range, which includedCare Bears ,Disney Princess andSindy , to rivalBarbie ownerMattel . [cite news |title=Vivid Imaginations and MGA link up for Bratz UK relaunch |publisher="Marketing Week" |date=2003-07-17 |page=8] Bratz was the most popular doll in the UK in 2005,cite news |first=Sarah |last=Butler |title=Bratz doll wrestles Barbie into second |work=Business |publisher="The Times " |date=2005-10-01] and was responsible for 30% of Vivid's turnover.cite news |first=Ronnie |last=Dungan |title=Vivid Imaginations |url=http://www.toynewsmag.com/spotlight/13/INTERVIEW-Vivid-Imaginations |work=Spotlight |publisher=Toy News |date=2008-05-31 |accessdate=2008-08-28] Sales of Bratz and "Spider-Man"-themed products made Vivid the number one toy company in the UK in 2005, the first British company to achieve this in 30 years. [cite news |title=Vivid Imaginations |work=Business |publisher="The Times " |date=2005-10-01 |page=60] Bratz ownerMGA Entertainment set up its own UK office in 2008 and ended the distribution deal with Vivid.The
Paris -based Vivid Europe subsidiary was formed in 2008 with the acquisition of Nomad Company, the distributor ofCrayola acrossEurope (exceptItaly ), theMiddle East andAfrica . [cite news |title=Vivid wins Crayola for EMEA |url=http://www.licensemag.com/licensemag/Toys+&+Games/Vivid-Wins-Crayola-for-EMEA/ArticleStandard/Article/detail/526714 |publisher=License! Global Weekly E-news |date=2008-07-01 |accessdate=2008-08-28]References
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