Jakks Pacific

(JAKK) - Get Report

signed a North American license agreement with a division of

Hasbro

(HAS) - Get Report

to sell craft and activity items based on the Littlest Pet Shop brand.

The products that will be covered under the agreement include rolling art desks, tracing plates, character magnets, stamper sets and activity kits.

Jakks Pacific expects to begin shipping the Littlest Pet Shop products this month. Shares of Jakks Pacific were rising 3.7% to $22.27.