Also found in: Wikipedia.
COLECOConnecticut Leather Company (video game manufacturer)
Copyright 1988-2018, All rights reserved.
References in periodicals archive ?
When toymaker Coleco licensed the moppets in 1982 -- changing their name to Cabbage Patch Kids--it was not prepared for the demand.
But demand for Cabbage Patch Kids was falling by 1986, leading manufacturer Coleco to introduce gimmicky talking and burping dolls between 1987 and 1989.
Many well-known companies left the area: Northern Telecom (1974), Redpath Sugar (1976), Sherwin-Williams (1984), Stelco (1985) and Coleco (1986).
A small company named Coleco was willing to take the gamble and turned the decision into sales of about US$75 million the very next year when Cabbage Patch Kids took the U.S.
But after Coleco Industries introduced their sensational line of dolls they became complacent and didn't create any new toys worth mentioning.
In 1983, the Coleco Corporation marketed its Adam computer to home users for the very reasonable price of $600.
The success originating with the dolls is attributed to Hasbro Industries, which bought the production and marketing rights to Cabbage Patch from Coleco Industries in the summer of 1989.
The Polaroid case is similar to the 1984 class action suit charging the directors and officers of Coleco Industries with alleged fraud in outwardly promising record sales of its new Adam computer, despite obvious engineering and production flaws which would prevent mass delivery by the promised date.
Furthermore, these regulations were promulgated several months after Coleco Industries, Inc.
Davies used his personal column in the paper to criticize The Courant's business reporters for being too harsh in describing the problems of West Hartford's Coleco Inc.
If a doll got damaged, it was sent to the "hospital." (That death certificates were issued appears to be an urban legend.) After three decades of ownership changes (Coleco, Hasbro, Mattel and Toys "R" Us have each controlled the brand at one point or another), global licensing deals, even social upheaval (the infamous Cabbage Patch riots during Christmas 1983 had grown-ups clashing over scarce supplies), the Cabbage Patch Kids remains one of the most enduring and beloved lines of toys ever.--
Cabbage Patch dolls were first made in America in 1982 by Coleco but didn't really take off until 1985 when parents practically staged pitch battles in supermarkets to get their hands on them.