Articles Tagged ‘Mattel’
Lego, Hasbro, Spin Master and Crayola headed up an impressive class of innovative toys recognized by the Toy Industry Association at the 15th Annual Toy of the Year Awards at New York Toy Fair over the weekend.
Inspired by their popular Mattel and Fisher-Price toy lines, Warner Bros. Consumer Products, DC Entertainment and Warner Bros. Animation have announced they’re producing an array of Batman Unlimited and DC Super Friends content for launch this spring.
Barbie global sales fell by 12% in the fourth quarter, contributing to Mattel’s 6% drop in overall global sales. Year-end results show the toyco’s revenues down by 7% overall to US$6.02 billion.
After 15 years with the company, Mattel’s chief executive and chairman Bryan Stockton (pictured) is resigning from his position, as Christopher Sinclair takes the reins as chairman and interim CEO.
US retail toy sales grew by 4% to US$18.08 billion and Disney’s Frozen was the top US property in 2014, according to the latest numbers from market research firm The NPD Group.