Investing.com -- Fisher-Price announced plans to recall 34,000 infant swings on Thursday after reports of a hazard in three of their products that could cause the seats to fall unexpectedly.
Fisher-Price, a wholly-owned subsidiary of Mattel Inc (NASDAQ:MAT), said Thursday that the recalls involve three models of the company's cradle swings: the CHM84 Soothing Savanna Cradle 'n Swing, CMR40 Sweet Surroundings Cradle 'n Swing, and CMR43 Sweet Surroundings Butterfly Friends Cradle 'n Swing. The hazard can occur when the swing's seat peg is not fully engaging, posing a risk that infants could fall out of the seat.
Fisher-Price has received two reports of a seat peg coming out from the seat, causing the seat to fall. No injuries have been reported, the U.S. Consumer Product Safety Commission said in a statement. The recalls comprise infant swings sold at Buy Buy Baby, Target Corporation (NYSE:TGT) and Amazon.com Inc (NASDAQ:AMZN) for a short period from last November through March. On average, the swings had a retail price of $170.
The incident is the latest in the line of product recalls among children swings in recent years. In September, 2014, IKEA took approximately 2,300 swings in North America off the market after four children worldwide suffered injuries as a result of the product's faulty suspension fittings. Dating back even further, Graco was forced to recall 140,000 units of its Travel Lite swing in July, 2004, after receiving nearly 30 reports of child injuries from the products carrying handle. The malfunction was responsible for creating a wide range of children injuries ranging from bloody or swollen lips to red marks and bumps and bruises, the U.S. CPSC said.
Separately, USA Today reported on Thursday that Fisher-Price is close to partnering with Go Pro on a deal that will equip cameras from the innovative company on walkers for infants. Once complete, the deal will enable Fisher-Price to build mounts for GoPro's camera that could record poignant moments such as a child's first steps. At a media event in San Francisco, GoPro announced plans to form working relationships with more than 30 companies, including Mattel and BMW.
Shares in Mattel inched up 0.11 or 0.32% to 33.39.