Zuru (company) explained

Zuru
Type:Private
Founded:2003
Founder:Nick Mowbray & Mat Mowbray
Hq Location:Hong Kong
Website:https://zuru.com/

Zuru (stylized as ZURU) is a Hong Kong–based toy and FMCG company that manufactures multiple brands of toys and consumer goods products., the company operates four main divisions: ZURU Toys, ZURU Edge, ZURU Tech, and Rhodes Pet Science.

History

When Nick Mowbray was twelve in 1997, he designed and created a hot air balloon model kit, won by a national science fair in New Zealand. He started selling the kits with his brother, Mat, as a first mini business of also delivering. They sold their kits throughout high school, and eventually decided to attend university. They returned to delivering kits after one year of university[1]

In 2003, Mowbray moved to Hong Kong from New Zealand and at age 18, with his brother, started a factory in Guangzhou, China. They were financed with a $20,000 loan from their parents, which they used to buy an injection molding machine. Soon after they ran into difficulties due to a lack of managerial and administrive experience, communication skills and knowledge of intellectual property legislation.[2] In 2005, their sister Anna joined the business. The company was named Zuru after they discovered their original name had been trademarked by a different company.

Walmart later expressed interest in Zuru's products and began selling them in their stores.

Trademark Infringement

In May 2019, Zuru had settled all pending infringement proceedings with Telebrands and Bulbhead.com LLC for making ZURU Bunch o Balloons product similar to their Balloon Bonanza, Battle Balloons and Easy Einstein products. Their settlement issued a full payment of $31 million final judgment, including additional substantial payment for Telebrands' product infringement and agreement that they will not sell any of their accused products.

In 2020, Zuru was blocked by Lego from making its version of minifigures, as the court found ZURU infringed upon Lego's trademark.[3]

Zuru was also sued by Lego for its ZURU Max Build More building sets, for saying that it was compatible with Lego.[4]

Recognition

In 2022, Crazy Bunch O Balloons by Zuru won the Outdoor Toy of the Year award.[5]

Sustainability

The company has been known for designing their toy products to be more recyclable and reusable. As of 2019, Bunch O Balloons itself and the stem's rubber material had changed to recyclable natural rubber latex, and its packaging is recyclable, too. The company also partnered with TerraCycle.[6]

Brands

Zuru created a variety of brands over the years [7] including X-Shot, Bunch O Balloons, 5 Surprise, Mini Brands, X-Shot Water, Rainbocorn, Gumi Yum, and Snackles. They also partnered with The Walt Disney Company,[8] Nickelodeon, Universal Studios, and DreamWorks.[9]

Partnership

In 2024, the company announced a collaboration with Ulta Beauty in designing a first-ever beauty Mini Brands collection.[10] They also launched a partnership with KFC.[11]

Controversy

In November 2024, CBS News 8 reported on a Zuru product that was featuring explicit language. Phrases containing "manic," "motorized rage fire," "berzerko," "mad mega barrel," and "insanity" were on boxes marketed towards children.[12]

Notes and References

  1. News: Mega . Laurie . 16 December 2022 . Foundr . Nick Mowbray Believes Entrepreneurs Can't Lose. . 22 January 2024.
  2. News: Harrison . Virginia . How a university dropout built a toy empire . 2 January 2024 . . 16 December 2019.
  3. https://www.finnegan.com/en/insights/blogs/incontestable/lego-blocks-out-zuru-in-copyright-dispute-over-minifigures.html "LEGO Blocks Out ZURU in Copyright Dispute Over Minifigures | Incontestable Blog"
  4. Web site: NZ toy company ZURU loses trademark case against Lego. 19 July 2023. Sean. Cao. 1 February 2024.
  5. https://toybook.com/2022-toy-of-the-year-toty-award-winners/ "2022 Toy of the Year Award Winners"
  6. https://www.prnewswire.com/news-releases/zuru-to-remove-nearly-800-tons-of-single-use-plastic-from-its-bunch-o-balloons-brand-301044848.html "How ZURU plans to save the future"
  7. News: Kirsch . Noah . 20 August 2019 . "To Infinity And Beyond: The Mowbray Siblings Assembled A Billion-Dollar Fortune From Cheap Toys. Can They Create Something Grander?" . . 12 February 2024.
  8. https://www.licenseglobal.com/entertainment/zuru-collaborates-disney-go-mini "ZURU Collaborates with Disney on Mini Brands"
  9. "ZURU Bunch O Balloons Infringement" PR Newswire, Retrieved 2 February 2024
  10. Web site: Slater . Ellen . 30 September 2024 . ZURU, Ulta Beauty Strike Deal for Mini Brands . 5 November 2024.
  11. Web site: Connell . Samantha . 5 April 2024 . ZURU Launches Mini Brands KFC . 5 November 2024.
  12. Web site: Children's toy gun raises concerns over violent messaging. November 1, 2024. Jenny. Day. 3 November 2024.