Mattel, the Hot Wheels toys and Barbie dolls maker will close its Mega Bloks factory in Montreal, Canada. The factory will be shut down in 2021, but before that, the company has plans to consolidate ...
(Reuters) - Mattel Inc <MAT.O> will close a factory in Canada after shutting down two plants in Asia, as the toymaker reduces its manufacturing footprint to cut costs, the Wall Street Journal said on ...
It’s in the hand-painted eyelashes on every Barbie doll prototype. It’s in the meticulous detail found on the millions of Hot Wheels and Matchbox cars made every year. It’s in the ingenuity of the ...
Barbies are made by Chinese factory workers earning less than 2p a doll who face harrowing workers rights violations, a new Channel 4 documentary has claimed. The new dispatches documentary 'Barbie's ...
The toy company is facing an uphill battle and a report of earnings disappointment on Thursday is likely. Given industrywide headwinds, though, somehow it feels like the company is preparing to put ...
For Mattel, Wall Street is forecasting revenues of $1.5 billion for the fourth quarter and earnings per share of 1 cent. Soft holiday sales, factory closures and the coronavirus will be top of mind ...
Ynon Kreiz knew he was sitting on a “treasure trove” of IP when he took the reins of toymaker Mattel as CEO in 2018. Mattel’s big vault of toy and game brands had the kind of built-in audience and ...
Mattel Inc will close a factory in Canada after shutting down two plants in Asia, as the toymaker reduces its manufacturing footprint to cut costs, the Wall Street Journal said on Sunday. The maker of ...