Articles Tagged ‘Mattel’
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.
With eight nominations, Canada’s Spin Master leads the Toy Industry Association’s annual awards competition, but Lego and Hasbro are in hot pursuit with six nominations each. Frozen’s Elsa, meanwhile, will be duking it out with the likes of TMNT, Minecraft and Paw Patrol for Property of the Year.
World Wrestling Entertainment’s stop-motion animated web series WWE Slam City is heading to TV, thanks to a deal with Nickelodeon that will see the original short-form kids program debut tonight on Nicktoons’ new NickSports primetime programming block in the US.