Seven months after opening an office in Japan, Topps has secured a licensing agreement for trading cards with the country's top baseball league. The company announced Wednesday that it had agreed to a deal with the Nippon Professional Baseball Organization (NPB) for the production and distribution of trading cards in Japan. This is the first time in its 80-year history … [Read more...] about Topps in Deal with Japanese Baseball League for Cards
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Report: Topps’ Eisner Talked Sale Last Winter, Dismissed Questions About Licenses
Topps was hoping for a buyer to emerge last winter, essentially taking bids from interested parties as interest in its products soared. That's according to a story in the New York Post. Quoting unnamed “insiders”, the Post also says Chairman Michael Eisner dismissed concerns about potential challengers for the company’s MLB trading card license. “He was … [Read more...] about Report: Topps’ Eisner Talked Sale Last Winter, Dismissed Questions About Licenses
Notes: Topps Deal Update; Big Herbert Card Sold; PSA’s NSCC Numbers; Jersey Auctions; More
Topps and the SPAC that it’s planning to merge with later this month, are getting closer to finalizing the deal. Mudrick Capital Acquisition Corp., announced Wednesday that it has filed a definitive proxy statement with the U.S. Securities and Exchange Commission in connection with the proposed business combination between MUDS and Topps. MUDS has scheduled a … [Read more...] about Notes: Topps Deal Update; Big Herbert Card Sold; PSA’s NSCC Numbers; Jersey Auctions; More
Topps Sold a Lot of Cards in First Quarter of 2021
Topps' sales of trading cards and other physical elements in its Sports and Entertainment divisions were up by 101.7% in the first quarter of 2021 compared to the same period last year. While that number includes much more than baseball cards, it's safe to say there were plenty of buyers for the company's products. In a regulatory filing Tuesday, Topps stated that the … [Read more...] about Topps Sold a Lot of Cards in First Quarter of 2021
English Soccer Team’s Exec Leaving to Oversee Topps’ Business Outside N.A., Japan
Topps has hired the CEO of an English pro soccer club to manage its International Sports and Entertainment division, but he’s no stranger to the company. Mark Catlin has served as CEO of Portsmouth FC for the past eight years and under Topps Chairman Michael D. Eisner's ownership of the club for the past four years. He’ll be responsible for Topps’ … [Read more...] about English Soccer Team’s Exec Leaving to Oversee Topps’ Business Outside N.A., Japan
Topps Enters NFT Space with Series 1 Baseball Release
In announcing its recent move toward once again become a publicly traded company last week, Topps promised to become increasingly active in the digital/NFT world. It took only a matter of days for it to happen. Early Monday morning, the company announced the release of 2021 Topps Series 1 Baseball NFT (non-fungible token) collectibles in partnership with Major … [Read more...] about Topps Enters NFT Space with Series 1 Baseball Release
Topps and the Stock Market – A Closer Look at the Deal
One of the most iconic names in sports cards is returning to the ranks of the publicly traded. Again. Earlier this week, Topps struck a deal with Mudrick Capital (most recently of “meme stock fame”) that will result in the listing of Topps shares on the Nasdaq exchange. It’s a path the Company has trod before. Topps: What’s Old is New Founded in 1938, and incorporated … [Read more...] about Topps and the Stock Market – A Closer Look at the Deal
Editor’s Blog: Topps Breaks Down Finances; Looks to Future
When Topps announced its decision to combine forces with an acquisition company on Tuesday, the company offered some interesting details on its finances and future plans. In touting the initiatives that led to its current valuation, Topps revealed it make a $92 million profit in 2020—a strange and unexpected time in which the sports card market exploded in the midst of a … [Read more...] about Editor’s Blog: Topps Breaks Down Finances; Looks to Future
Eisner Takes Topps Public in $1.3 Billion Deal
Topps is going to be a public company once again. The iconic trading card and candy maker announced early Tuesday that it had entered into a deal for with Mudrick Capital Acquisition that’s expected to close in late second or early third quarter. The deal values Topps at $1.3 billion. Topps had been publicly owned until 2007 when Madison Dearborn Partners and … [Read more...] about Eisner Takes Topps Public in $1.3 Billion Deal
Topps Opens Office In Japan
The Topps Company now has a permanent presence in Japan. The company says the goal of a new Tokyo office it's just opened is to “better serve the Japanese and Asian market’s increasing demand for trading cards.” Topps will use the facility to offer increased support to local customers and collectors in Asia. "With 80 years of card creating history under our … [Read more...] about Topps Opens Office In Japan