Gund was founded in 1898 by Adolf Gund.[4] He was born in Germany and resided in Norwalk, Connecticut before settling in New York City.[5] He started Gund as a small toy and novelty company which was incorporated under the name Gund Manufacturing Company in 1910. In the early years, Gund used GEE as the company slogan in advertising on product labels. Gund produced its first products in loft factories around New York City. It moved from location to location as it expanded, starting off on Third Avenue and eventually moving to Ninth Street by 1922. The moves were all prompted by the need for larger manufacturing quarters.[6] In the early 1900s, Gund received numerous patents that introduced various mechanisms into plush toys.[6] Once such patent was for what was described as a "springing dog." The design called for a mechanism to be placed inside the stuffed animal which would cause it to jump, "bringing it to life." Another patent was for a walking mechanism which allowed the plush to walk. One of the company's most notable patents was for a "ride-on duck" which was a duck for children to ride on.[7] It had wheels that operated a working duck bill which moved up and down as the wheels turned. The ride-on duck was produced by Gund for approximately 10 years commencing in 1912.[7] Gund also secured many other patents for toys such as the wind-up walking plush, dancing toys, and walking toys.[6]
Gund created many of the industry standards in its early years, including safety standards and the manufacturing processes for toys.[8] It continued to market its products under the moniker GEE up until the late 1920s, as evidenced in various advertisements in Playthings and other toy magazines. The company was eventually sold when Adolf Gund retired in 1925.[9]
1925–1968: New ownership and expansion
During the early years of the company, Adolf Gund was the mentor to Jacob Swedlin, a Russian immigrant who came to the United States in 1907.[6] Gund taught Swedlin to become a cutter and pattern maker, teaching him the ins and outs of the company. When Gund retired in 1925, he sold the company to Swedlin for $1,500.[1] Swedlin brought his brothers Abe and John on board with the company, which began rapid expansion.[8] Jacob oversaw design and production, Abe acted as the chief financial officer, and John ran sales and promotions.[6] Some of the most notable Gund products in the 1930s included its line of Easter Bunnies which continue to be one of its most popular products. It also introduced "puppy purses," a stuffed animal dog that doubled as a purse. Gund also became the first licensor of cartoon characters, producing plush toy versions of Popeye, Mickey Mouse, Felix the Cat, and Tigger
1969–1990: Further expansion and the Raiffe family
By 1969, Gund had become dependent on its licensing agreement with Disney for the majority of its business.[6] Herbert Raiffe, the son-in-law of John Swedlin, became the company president in 1969 after Swedlin's passing.[8] Raiffe began moving Gund away from its licensing agreements and shifted the focus to internal design. The company launched new products that included the "Bag Full of Laughs," a sound mechanism placed in a fabric sack and sewn into a plush.[11] During the 1970s, Gund expanded its product line by releasing toys and plush popular in other countries.[6] This included beanies and Gonk toys. In 1972, Gund was able to expand again thanks to Ling-Ling and Hsing-Hsing, two panda bears gifted to the United States from China as part of that country's panda diplomacy efforts. The plush industry had a huge demand for panda stuffed animals, with Gund leading the way with manufacturing and distribution. Raiffe was credited by publications such as Forbes for Gund marketing efforts of the bears.[6]
1990–2014: 100th anniversary and postage stamp
In 1990, Gund appeared before a US Senate committee to lobby for extending most favoured nation (MFN) status to China, stating "the MFN duty status that China has enjoyed enabled China to become one of Gund's primary sources for stuffed toys".[3] In 1993, Bruce Raiffe became President of Gund.[14] Prior to that time he served as the company's Marketing Director and later Vice President.[15] Gund celebrated its 100th anniversary in 1998.[16] As part of the celebration, Gund auctioned off a 100th anniversary bear which raised $100,000 for four children's charities.[16] The bear was one-of-a-kind and purchased by Yoshihiro Sekiguchi who placed it in one of three Teddy bear museums he owned in Japan.[16]
2008–present: Purchase by Enesco and beyond
Gund was purchased by Enesco, the giftware manufacturer best known for its line of Precious Moments figurines.[19] Gund joined Enesco's other recently purchased brands which included Boyds Bears, Our Name is Mud, philoSphie's and Jubilee Art.[19] Bruce Raiffe remained with the company on a consultant type basis, but returned in 2011 when he was again appointed president of Gund.[20] Gund continued to take on new licensing agreements after being purchased by Enesco. One of the most notable was that for the Uglydolls line of plush toys, which it signed in 2012.[21] The same year it signed an agreement for Boo, the World's Cutest Dog.[22] It also added Grumpy Cat in 2013 and
