Fairy Tails were produced by Hasbro in 1986/87. They were a series of colourful plastic bird with long hair and symbols on their chests, similar in colour to My Little Pony.

Each bird came with a perch which their feet could grip onto when they were no longer gripping onto your fingers! They also came with a comb and ribbons for their long multi coloured hair. There were a few playsets produced but I don't know of any other accessories.