Applause (toy company)

Applause Inc. was a company that produced stuffed toys and collectible figurines. Its principal subsidiaries included Dakin Inc. and International Tropic-Cal Inc. The Applause brand survives as part of Kid Brands.

History
The company was founded as The Wallace Berrie Company in 1966 by Wallace Berrie. In 1979, the company acquired the Applause division from Knickerbocker Toys. In 1986, the company changed its name to Applause Inc after a purchase by Jerrald A. Plebiew. In 1992, Applause released the Magic Trolls Babies toy line.

R. Dakin & Co.
On April 1, 1955, Richard Dakin, a San Francisco entrepreneur, started a business importing shotguns from Europe. In 1957, his son, Roger, joined and imported battery-operated trains, and the manufacturer also sent samples of small, sawdust-filled cotton-velveteen-covered toys. Roger quickly booked an order for three hundred pieces from a nearby department store. On 20 December 1966, Richard Dakin, Richard Dakin's wife, Roger Dakin, Roger Dakin's wife, and Roger Dakin's four children died in a plane crash.

Dakin merger
From 1991 to 1995, the company built a retail business by focusing on entertainment licensed brands with in-store merchandising displays.

In late 1995, the company acquired Dakin Inc., a stuffed animals company. This acquisition strengthened Applause's generic stuffed animal business to balance out its entertainment license portfolio.

Applause created a Strategic Alliances Group to oversee products for food-related and premium-based programs. In 1998, the company produced fast food toys for children's franchises.

Bankruptcy, suicide, and auction
In 2004. CEO Bob Solomon committed suicide once it became apparent the company was not going to survive. The company filed for bankruptcy shortly after his death. The Applause name was acquired by Russ Berrie in a bankruptcy auction.