Some retailers are looking to pass on the cost of tariffs to their suppliers, but are also considering increasing prices to ...
Mattel executive says it may have to charge consumers more for its toys because of higher tariff costs on imports from China.
Mattel, known for Barbie, Hot Wheels, Fisher-Price and other brands, makes toys in seven countries, he said, adding that the toy company has been "continuously optimizing and diversifying our ...
Mattel is facing a lawsuit after mistakenly including the web address of an adult content site on the packaging of its special-edition "Wicked" dolls. The misprinted text showed a link that led to ...
Mattel shares surged more than 15% after the toy giant said it’s weighing price increases for Barbie and other iconic brands because of President Trump’s tariffs on Chinese goods. The El ...
Advertisement The changes could especially affect the cost of doing business in China and Mexico, where Mattel produces 40% and less than 10% of its toys, respectively. With China and Mexico ...
with China expected to represent less than 40% of global production for Mattel toys. The U.S. represents about half of Mattel’s global toy sales, so “our tariff exposure in the U.S. related to ...
Mattel Chief Financial Officer Anthony DiSilvestro said in an earnings call with Wall Street analysts on Tuesday that roughly 40% of the company's toys are made in China, while noting that is less ...
on February 27, 2021, but tariffs on goods produced in China, Mexico and Canada might cause prices to rise on such Mattel toys. File Photo by Bill Greenblatt/UPI Feb. 5 (UPI) --The cost might rise ...