EVERETT, Wash., Feb. 27, 2019 (GLOBE NEWSWIRE) — Funko, Inc. (“Funko,” or the “Company”) (Nasdaq:FNKO), a leading pop culture consumer products company, today announced it will be opening a second retail location in Los Angeles later this year. The new space will broaden company awareness and display the breadth of Funko product and content providers that the brand carries.
“It was a no-brainer to open our second retail location in the television and film mecca of the world – Hollywood,” said Brian Mariotti, Chief Executive Officer at Funko. “We couldn’t be more excited to have a presence among the most influential production studios and creative talent delivering pop culture content.”
The nearly 40,000 square foot space on Hollywood Boulevard is part of the Eastown development, the new place to work, live and play in the heart of East Hollywood. Minutes from the Hollywood Pantages Theater and TLC Chinese Theater, Eastown occupants currently include SoulCycle and Shake Shack.
The U.S. Travel Association reported that Los Angeles County had a record-setting 50 million visitors in 2018. (Los Angeles Times, Jan. 2019)
Funko’s first retail location opened in 2017 at the company headquarters in Everett, Washington and has become a must-see destination for collectors, pop culture enthusiasts and entertainment aficionados.
Funko was originally conceived by Mike Becker and founded by Frank Malone as a bobbleheads company in 1998 and sold in 2005 to its CEO, Brian Mariotti, who significantly expanded the firm’s licensed lines. In addition to selling millions of its Wacky Wobblers, Funko has delighted the world with a broad range of playable and collectible merchandise that includes such diverse items as plush, Pop! Vinyl figures, vehicles, mugs, water bottles, key chains, lanyards, USB drives, lamps, and headphones inspired by a vast number of films, TV shows, video games, and more.