The makers of the popular Australian Shepherd are hoping to sell off the beloved toy.
The toy company, which manufactures some of the most recognisable toys in the world, plans to spin off its pet business and sell off all of its Australian Shepherd brands.
The Australian Shepherd brand has been around since the early 1960s and is currently owned by the RSPCA, who will own the remaining businesses and the Australian Shepherd Trust, a charitable trust that provides support for the pet.
The RSPC says it wants to focus on other animal rights issues.
In the meantime, the company says it will continue to sell some of its dogs.
The announcement comes as the company also announced it was shutting down the pet store it has operated in Sydney since 2013.
The store will no longer sell dogs, cats or other animals and will be sold as a community pet shop.
The Sydney-based company, based in the eastern suburbs of Sydney, had been selling puppies, kittens and a range of smaller pets at a number of locations in the CBD, including a store in the central business district.