Littlest Pet Shop (LPS) is a toy franchise and cartoon series owned by Hasbro, originally conceptualized by Kenner Products in 1992, and currently under license with Basic Fun!. Originally a line of animal figurines with magnets or movable parts, the line was relaunched as a line of chibi-esque bobbleheads in 2005, with over 3,000 different pet figurines produced since its relaunch. The franchise is highly successful and has seen numerous iterations.