Hints and tips:
...Americas fees were up 15 per cent year on year, in contrast to sharp falls in Asia and a flat outcome in Europe, the Middle East and Africa....
...posts strong revenue growth amid restructuring UK billionaire Joe Lewis surrenders to US authorities on insider trading charges China insists diplomacy ‘orderly’ after foreign minister’s shock removal Mattel...
...For example, after a worldwide recall of more than 19mn unsafe toys tainted with lead paint in 2007, Mattel gradually shifted production from China to Mexico, Malaysia and Vietnam....
...Celebrations will ring out across Asia and beyond this Saturday with the beginning of the next lunar year — the year of the dragon for most countries that mark the occasion....
...Mattel, in its Q1 earnings call this year, noted only that Pokémon had “led” its ‘MEGA’ construction range....
...In Asia, the Hang Seng index lost almost 2 per cent, while China’s CSI 300 fell 0.6 per cent....
...Allen, weekend news editor The New York Times’ Barbie piece, which (before it became clear just what a blockbuster it would be) managed to deliver both a profile of Greta Gerwig and an exploration of Mattel...
...Last week, it cost on average $6,593 to ship a 40-foot container from Asia to the US west coast, according to Freightos....
...In recent years, Mattel has closed factories in Asia, Canada and Mexico but it still owns some of its own factories in China, and its scale has helped it to manage supply challenges....
...The Danish group recently announced that it would build its sixth global factory, and second in Asia, in Vietnam as part of a $1bn investment to make toys for consumers on the continent outside of China....
...Lego’s growth has accelerated throughout the coronavirus pandemic, reaching a zenith in the first half of this year when revenues increased 46 per cent, cementing its position ahead of Mattel and Hasbro...
...Apollo recently teamed up with Mukesh Ambani’s Reliance Industries on plans to bid for UK pharmacy chain Boots and also approached toymaker Mattel about a potential buyout....
...Reliance, India’s largest listed company by market capitalisation, wants to expand the pharmacy chain’s brand across India, south-east Asia and the Middle East....
...For Chapman, toy makers such as Mattel — which now owns HIT — and Spin Master are a natural home for these TV shows....
...He also underscored how Lego’s supply chain coped not just with the pandemic but also the high growth thanks to manufacturing in Europe, Asia and North America....
...In recent days the largest US airlines have all complained about the surging costs of jet fuel, toy manufacturer Mattel has spelt out the challenge of higher resin prices and Danaher has joined the list...
...sales figures US, Philadelphia Fed business outlook Results: ABB Q3, AT&T Q3, Barclays Q3, Blackstone Q3, Danaher Q3, DNB Bank Q3, Dow Q3, Hermès Q3 sales, Intel Q3, L’Oréal Q3, Marsh & McLennan Q3, Mattel...
...Mattel’s sales fell 14 per cent in the first half while Hasbro’s underlying revenues dropped 19 per cent. Both reported operating losses....
...In Asia, the Hang Seng closed 0.4 per cent lower, while Japan’s Topix shed 0.5 per cent....
...Mattel used in its toy packaging....
...Inventories of disco ball necklaces and light-up ice cubes were nearly exhausted after his partner factories in Asia were forced to shut....
...Its future growth is focused on Asia. Mr Christiansen has placed a big focus on opening stores in China, where almost 100 of the 160 stores to be opened this year will be located....
...The Danish toymaker is making a big push in Asia and is on track to have 140 stores in China in 35 different cities by the end of the year....
...That helped send Mattel shares, which are down 10 per cent year-to-date, up more than 6 per cent in after-hours trade....
...push to bring its toy bricks to children in Asia and the US as well as its traditional stronghold of Europe....
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