A hugging toy includes a figure having flexible, sleeve-like limbs providing passages for receiving the arms of a person within the limbs to enable the figure to be drawn into juxtaposition with the person, with the limbs wrapped about the person, the passages each having an entry opening for receiving an arm of the person within the passage, and an exit opening for exposing a hand of the person so as to establish a simulated mutual hugging arrangement between the figure and the person.