Leisure Equipment and Products
Leisure Products
*Operations outside U.S., Canada not part of bankruptcy. Sept 18- Toys' R' Us Inc got court permission on Tuesday to borrow more than $2 billion to start paying suppliers so it can stock up on items like Lego building blocks and Barbie dolls for the holiday season, a day after it filed for bankruptcy. Ten days later, nearly all the company's vendors refused to ship...
NEW YORK— In filing for bankruptcy, Toys R Us joins a list of dozens of store chains that have done so already this year as online leader Amazon increasingly exerts its influence over a huge part of the retailing world. Like so many retailers that find it harder to co-exist with Amazon, analysts say Toys R Us needs to improve its online services and offering special...
Sept 18- Shares of Mattel Inc and Hasbro Inc, the two largest U.S. toy makers, fell on Monday on concerns that retailer Toys "R" Us, a major customer, could be filing for bankruptcy protection before the holiday sales season. Reorg Research, which provides news and analysis on the distressed debt market, said on its website that a bankruptcy filing could be made in...
Sept 18- Shares of U.S. toy companies Mattel Inc and Hasbro Inc fell on Monday on concerns that retailer Toys "R" Us, a major customer, could be filing for bankruptcy protection before the holiday sales season. Reorg Research said a bankruptcy filing could be made in Virginia as soon as Monday. "If there is any kind of bankruptcy filing, it will have a major disruption for...
Sept 18- Shares of U.S. toy companies Mattel Inc and Hasbro Inc fell on Monday on concerns that retailer Toys "R" Us, a major customer, could be filing for bankruptcy before the holiday sales season. "If there is any kind of bankruptcy filing, it will have a major disruption for all of the toy suppliers," said Lutz Muller, chief executive officer of toy retail consultancy...
CHICAGO, Sept 6- Wal-Mart Stores Inc has begun its holiday layaway program as it hopes to cash-in early on demand for gifts like toys, which saw slower sales growth industry-wide last December and has struggled to pick up so far this year. The world's largest retailer started the layaway program on Sept. 1, a day before it did last year where customers can pay as...
COPENHAGEN, Sept 5- Lego said it would lay off 8 percent of its staff and revamp its business after reporting its first fall in sales in more than a decade on Tuesday. Lego said it could not promise a return to growth in the next two years, a jolting acknowledgement for a group widely admired for embracing the digital era and tying up lucrative franchises from Harry...
COPENHAGEN, Sept 5- Lego said it would lay off 8 percent of its staff and revamp its business after reporting its first fall in sales in more than a decade on Tuesday. Lego said it could not promise a return to growth in the next two years, a jolting acknowledgement for a group widely admired for embracing the digital era and tying up lucrative franchises from Harry...
COPENHAGEN, Sept 5- Lego said it would lay off 8 percent of its staff and revamp its business after reporting its first fall in sales in more than a decade on Tuesday. The Danish toymaker said it could not promise a return to growth in the next two years, a jolting acknowledgement for a group widely admired for embracing the digital era and tying up lucrative...
Passengers are shelling out millions to spend their vacations on over-the-top cruise ship experiences.
Jim Cramer explained why cruise stocks have managed to defy the skeptical analyst community, and could have smooth sailing ahead.
Jim Cramer unveiled the stocks that are ripe to sell into the recent strength on Wall Street.
Jim Cramer explained why cruise stocks have managed to defy the skeptical analyst community, and could have smooth sailing ahead.
Jim Cramer explained why cruise stocks have managed to defy the skeptical analyst community, and could have smooth sailing ahead.
COPENHAGEN, Aug 10- Lego abruptly removed its chief executive Bali Padda after just eight months on Thursday, replacing the 61- year-old Briton with a younger Danish industrialist in a battle to become the world's biggest toymaker. The Danish company said it had appointed Niels B. Christiansen, 51, who joins Lego after nine years as CEO of Danfoss where by...
Jim Cramer knows the term ‘experiential’ is overused, but says not to disregard its importance.
Jim Cramer knows the term ‘experiential’ is overused, but says not to disregard its importance.
Prora was originally commissioned by Adolf Hitler as a massive beach holiday resort complex for German workers.
June 14- Mattel Inc expects to grow three to four times in the more than $31 billion toys and games market in China by 2020 through digitally connected toys, as it intensifies its efforts to take on LEGO Group and Hasbro Inc in the country. The toymaker has about 2 percent market share in China, lagging behind construction toy maker LEGO which has 2.8 percent control...
