Mattel will stop making the SeaWorld Trainer Barbie doll, along with all its SeaWorld-related merchandise, NBC News reports.» Read More
Mattel said Chief Executive Bryan Stockton has resigned, and warned preliminary fourth-quarter results will fall short of expectations.
Jan 26- Mattel Inc, the maker of Barbie dolls and Fisher-Price preschool toys, removed chairman and chief executive Bryan Stockton and warned of a fifth straight fall in quarterly sales. Mattel's shares fell as much as 11 percent to a three-year low, but recovered most of the losses to trade down 3 percent. Mattel has been hit hard in recent years as its iconic Barbie...
Retailers are still relying on direct mail even as they spend considerable resources on improving their websites.
Jan 26- Mattel Inc, the maker of Barbie dolls and Fisher-Price preschool toys, removed chairman and chief executive Bryan Stockton and warned sales fell 6 percent in the holiday quarter. Mattel named former PepsiCo Inc executive Christopher Sinclair chairman and interim CEO. Stockton had been Mattel's CEO since January 2012 and was named chairman in 2013..
Jan 26- Toymaker Mattel Inc said Bryan Stockton had resigned as chief executive and chairman. The maker of Barbie dolls and Fisher-Price preschool toys named board member Christopher Sinclair chairman and interim chief executive. Mattel also estimated its worldwide net sales fell 6 percent to $1.99 billion in the holiday quarter ended Dec. 31, hurt by a...
WTI crude oil prices are most correlated with oil and gas exploration companies, if history is any guide.
These plays should profit if this five-day selloff turns into a full-blown correction.
Here's who's hot and who's not this holiday season. Sorry, Barbie, it's just not your year, sweetie.
If you still have Disney's Frozen Castle and Ice Palace Playset on your holiday gift list this year, you may already be out of luck.
NEW YORK, Dec 10- If you still have Disney's Frozen Castle and Ice Palace Playset on your holiday gift list this year, you may already be out of luck. With Christmas approaching, the $119 toy- made by Mattel Inc- is sold out. Expect fierce price competition at major retailers like Wal-Mart Stores Inc and Target Corp, which carry thousands of toys, notes Jim Silver,...
Sometimes the worst performers in this year's market can be next year's gems, two pros told CNBC Tuesday.
Debbie Sterling's story-based GoldieBlox construction sets and action figures are being sold in 6,000 stores worldwide, two years after taking Kickstarter by storm.
NEW YORK, Nov 26- LeapFrog Enterprises Inc, the maker of educational electronics for kids whose missed sales estimates have pushed its shares down 30 percent this year, is attracting some big-name value fund managers who are betting the company will either rebound during the holiday season or be bought by a rival. If the company's newest product, a video game...
For the first time in the 11-year history of the poll, Mattel's Barbie was not the top choice for girls' parents.
Readers have slammed a Barbie picture book for portraying men as more capable than women in technology, the Daily Mail reported on Wednesday.
ROCHESTER, N.Y., Nov 6- Little green army men finally prevailed on Thursday in their two-year battle for a coveted spot in the National Toy Hall of Fame, joining Rubik's Cube and soap bubbles on the podium for an induction ceremony held at a western New York museum. "It was a pretty stiff competition this year," said Patricia Hogan, curator of toys and dolls at The Strong, a...
Hasbro reported a 43 percent jump in quarterly profit, helped by higher demand for its Transformers, Marvel and Stars Wars action figures.
U.S. stock index futures are signalling a lower open following widespread market volatility.
Some of the names on the move ahead of the open.
Mattel reported a 21.5 percent drop in profit as demand for its billion-dollar brands, Barbie and Fisher-Price, slipped further.