The Topps Company, Inc.
Logo since 1981
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| Private company | |
| Industry | Collectibles |
| Founded | Brooklyn, New York, United States (1938) |
| Headquarters |
One Whitehall Street New York, New York, United States |
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Key people
|
Michael Brandstaedter (President and COO) |
| Products | Trading cards, confectionery |
| $10,734,000 (Fiscal 2006) | |
| Owner | Madison Dearborn Partners and Tornante |
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Number of employees
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422 |
| Website | topps.com |
The Topps Company, Inc., manufactures chewing gum, candy and collectibles. Based in New York City, Topps is best known as a leading producer of basketball cards, football cards, baseball cards, hockey cards and other sports and non-sports themed trading cards. It is currently the only baseball card manufacturer with a contract with the MLB.
Topps itself was founded in 1938, but the company can trace its roots back to an earlier firm, American Leaf Tobacco. Founded in 1890 by Morris Shorin, the American Leaf Tobacco Co. imported tobacco to the United States and sold it to other tobacco companies. (American Leaf Tobacco should not be confused with the American Tobacco Company, which monopolized U.S.-grown tobacco during this period.)
American Leaf Tobacco encountered difficulties during World War I, as it was cut off from Turkish supplies of tobacco, and later as a result of the Great Depression. Shorin's sons, Abram, Ira, Philip, and Joseph, decided to focus on a new product but take advantage of the company's existing distribution channels. To do this, they relaunched the company as Topps, with the name meant to indicate that it would be "tops" in its field. The chosen field was the manufacture of chewing gum, selected after going into the produce business was considered and rejected.
At the time, chewing gum was still a relative novelty sold in individual pieces. Topps’ most successful early product was Bazooka bubblegum, which was packaged with a small comic on the wrapper. Starting in 1950, the company decided to try increasing gum sales by packaging them together with trading cards featuring Western character Hopalong Cassidy (William Boyd); at the time Boyd, as one of the biggest stars of early television, was featured in newspaper articles and on magazine covers, along with a significant amount of "Hoppy" merchandising. When Topps next introduced baseball cards as a product, the cards immediately became its primary emphasis.
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Wikipedia