SUMMARY
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Despite the prevalence of gadget-dependent recreation, physical toys are still very much in demand. Local toy distributor Richprime Global Inc. (RGI), which distributes well-known children’s brands such as Barbie and Hot Wheels, still enjoys a 15% to 20% annual growth in sales. RGI’s managing director Liza Yao-Bate said parents with increasing purchasing power are willing to pay for good quality products.
Read the full story on Rappler.
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