In 1953, Ideal won the licensing rights to produce the U.S. Ideal CEO Abraham Katz was named president of the new company. ![]() The company was created to produce material for toys in Israel the U.S. ![]() In 1951, Ideal partnered with its competitors the American Character Doll Company and the Alexander Doll Company to establish the United States-Israeli Toy and Plastic Corporation. Winkler joined Ideal in 1956, rising to vice president by 1971. Weintraub, the son-in-law of Abraham Katz, joined the company in 1941 and rose to become president, chairman of the board, and chief executive officer. Key Ideal employees during the 1950s, '60s, and '70s were Lionel A. The company's dolls were so popular during the post–World War II baby boom era, they began selling dolls under license in Canada, Australia, the United Kingdom, and Brazil. After Morris Michtom's death in 1938, the company changed its name to the "Ideal Toy Company", and Michtom's nephew Abraham Katz became chief executive.ĭuring World War II, the company's value rose from $2 million all the way to $11 million. Roosevelt "adopted" the bear and had it present in his campaign and on display at White House functions. Morris and Rose sent a bear to President "Teddy" Roosevelt, as well as asking permission to use his name for the bear. Rose had made the original "Teddy's Bear" for their children. Morris and Rose Michtom founded the "Ideal Novelty and Toy Company" in Brooklyn when they invented the Teddy bear in 1903. The company is also known for selling the Rubik's Cube. ![]() Their most popular dolls included Betsy Wetsy, Toni, Saucy Walker, Shirley Temple, Miss Revlon, Patti Playpal, Tammy, Thumbelina, Tiny Thumbelina, and Crissy. During the post–World War II baby boom era, Ideal became the largest doll-making company in the United States. Ideal Toy Company was an American toy company founded by Morris Michtom and his wife, Rose.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |