Tag: Mattel Inc.
Hasbro reports $171M loss in Q3, cuts full-year revenue outlook
PAWTUCKET – Hasbro Inc. on Thursday reported a loss of $171 million in the third quarter of 2023, following a year-ago profit of $129.2...
Report: Hasbro cutting 20% of staff at Entertainment One
PROVIDENCE – Hasbro Inc. is laying off approximately 20% of the staff at its film production company Entertainment One, thewrap.com reported Thursday.
Exact details of...
Hasbro loses rights for Disney ‘Frozen,’ princess products
Toy company Mattel Inc. has won back the licensing rights for Disney's princess and “Frozen" franchises.
The reunion comes after Pawtucket-based Hasbro Inc. bested the...
New Toys R Us owners said to mull physical stores next...
NEW YORK - The hedge funds that now own the Toys R Us brand plan to relaunch the toy retailer as a standalone operation next...
New Mattel CEO plays catch-up with rivals after four down years
NEW YORK - Mattel Inc., home of Barbie and Thomas the Tank Engine, has struggled for years trying to manage its way out of...
Lego CEO says he’s `not satisfied’ with results achieved in 2017
NEW YORK - Europe’s biggest toy maker reported its first decline in revenue in 13 years as it pays the price for letting its...
‘Black Panther’ rocks toys as Hasbro revives merchandising
NEW YORK - Hasbro Inc. didn’t need to read the Zeitgeist to predict more than a year ago that “Black Panther’’ would be a...
Opinion: Hasbro and Mattel have the tools to build a comeback
NEW YORK - While much of the retail industry is still basking in the glow of strong holiday sales, two big names in the toy...
`Star Wars’ toy sales fall as movie-tie fatigue sets in
NEW YORK - The warning signs for the toy industry started last year when “Cars 3” - considered a surefire success - proved lackluster for...
Mattel drops on report that it rebuffed approach from Hasbro
NEW YORK - Mattel Inc. slipped in late trading on a report that it rebuffed a takeover approach from rival Hasbro Inc., spurning a deal...
