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SANTA MONICA, Calif. — Making toys isn't so fun right now. Barbie and Hot Wheels maker Mattel pulled its full-year profit outlook late Monday, citing uncertainty surrounding the Trump ...
While it is true that Trump referred to Mattel as a country, he quickly said "his toys" — referring to Mattel CEO Ynon Kreiz — would have to bear 100% duties, indicating he understood Mattel ...
J. Conrad Williams, Jr. / Newsday RM via Getty Images Mattel, the company behind Hot Wheels, and Hasbro, which sells Play-Doh and Monopoly, have backed the Toy Association's campaign to exclude ...
Barbie maker Mattel announced it is raising prices on some of its toys and "further reducing reliance on China-sourced products" as the company navigates a "volatile macro-economic environment and ...
With tariff uncertainty impacting consumer demand, toymaker Mattel made the tough decision to withdraw its financial forecast for the year. It warns that it may have to raise prices on toys sold ...
Toymaking giant Mattel is putting the brakes on its Hot Wheels Virtual Garage non-fungible tokens, pending a decision on the collection’s future. There will be no future releases of any new NFT ...
Mattel renewed its global licensing agreement with WWE to continue producing action figures and related products. Mattel stock rose 1.86% as investors reacted to the extended partnership and WWE ...
Mattel, the major toymaker known for brands like Barbie and Hot Wheels, is laying off 120 workers. The El Segundo, CA-based company disclosed the planned cuts via a California-mandated WARN notice ...
In other words: If it’s Mattel, it’s swell. That decades-old advertising slogan succinctly captures the brand promise of the sui generis American business that marks its 80th anniversary this ...
Mattel is looking at potentially upping toy prices as part of its efforts to mitigate President Donald Trump’s tariffs on imports from China, Mexico and Canada. Over the past weekend, the ...
Mattel on Tuesday announced that it plans to launch Mattel Brick Shop, a Lego-like competitor that will slot into the toy building sets category, according to a company press release. Mattel is ...
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