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...Waning demand for physical toys will have ramifications outside of companies that make them. Expect retailers with exposure to toy sales — such as Target — to take a hit too....
...And that is a much bigger market to compete in than simply making plastic toys for kids....
...Mattel, the toy company, said on Thursday that it had also found weaknesses in its internal controls over financial reporting, and that it would need more time to get its annual report out....
...Kreiz told CNBC in an interview last week: “The idea was to create multiple touchpoints, to build strong toy brands....
...In one sign of that momentum, Mark Warner, the Democratic chair of the intelligence committee, and his Republican vice-chair Marco Rubio threw their support behind the measure, saying they “look forward...
...“What you needed to do was get people like [Republicans] Ted Cruz and Marco Rubio to come out and claim victory by offering them a deal that they could claim as a victory,” says the ByteDance insider....
...But amid the AI grills and mattress toppers, the gadget attracting most attention is a smartphone replacement that looks like a Playmobil toy....
...Other popular toy sales this holiday season include Lego, puzzles and card games, and gaming items such as the Nintendo Switch....
...A version of this article was first published by Nikkei Asia on July 4. ©2023 Nikkei Inc. All rights reserved....
...The broadcast will feature most of the same commercials as CBS but feature separate brands for children, such as toy makers, instead of ads from beer or sports betting companies....
...The falling-rates-equals-higher-stocks story was a fun toy the market threw away when something shinier came along. So there is a bit of euphoria in the air, then....
...In the US, spot prices for virgin high-density polyethylene (HDPE), a common plastic used in products such as shampoo bottles, toys and plastic bags, dropped from $1,674 a tonne in 2021 to $943 in 2023,...
...But then you notice the discreet pedestals at each end of the installation, created by Los Angeles based PlayLab, Inc. Each showcases four “historiated sculptures” encased in glass....
...Marco Gallotta, an analyst at Airfinity, said some countries may have overpurchased Paxlovid when it became available at the end of 2021, just as the Omicron variant increased global caseloads....
...A version of this article was first published by Nikkei Asia. ©2023 Nikkei Inc. All rights reserved....
...The leather goods category was boosted in 2021 with the appointment of artistic director Marco Tomasetta....
...Mattel’s chief executive hailed the success of the Barbie movie as proof of its ability to find new revenue streams for its brands, but cautioned that soft toy industry demand would drag on sales in the...
...Well: a large plot point is baldly pinched from Toy Story, and you do also wonder what actual 10-year-olds are meant to watch this summer....
...abolitionist John Brown and the fictional pancake syrup spokesperson Aunt Jemima; Russian president Vladimir Putin reimagined as a child’s doll holding a sunflower between its teeth; and a photograph of toy...
...They wanted a toy to help them imagine being adults and she gave them the postwar ideal....
...Pixar’s previous wide-release film, Lightyear, was also a disappointment with its gross of $227mn in 2022, roughly a quarter of the $1bn haul from Toy Story 4 in 2019....
...It lost a big chunk of business when key customer Toys R Us went bankrupt in 2017. Indeed, between 2017 and 2019 the toymaker posted cumulative net losses of $1.8bn....
...He compares its moment to the “golden era” in the US, likening the city’s Ambani family, owners of the conglomerate Reliance Industries and the UK toy store Hamleys, to the Rockefeller dynasty....
...When Toys R Us arrived in the country in the mid 1990s, it also initially eschewed collective bargaining....
...Additional reporting by Tsubasa Suruga in Singapore and Erwida Maulia in Jakarta A version of this article was first published by Nikkei Asia on March 14 2023. ©2023 Nikkei Inc. All rights reserved....
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