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Barbie and Hot Wheels maker Mattel pulled its full-year profit outlook late Monday, citing uncertainty surrounding the Trump administration's trade war. "The mitigating actions that we're taking are ...
If the specific reason why remains a mystery to anyone, Mattel CEO Ynon Kreiz explains: because they're going to raise prises on the toys. In an appearance on CNBC's "Squawk Box" on Tuesday ...
While it is true that Trump referred to Mattel as a country, he quickly said "his toys" — referring to Mattel CEO Ynon Kreiz — would have to bear 100% duties, indicating he understood Mattel made toys ...
One of the goals of President Donald Trump's 145% tariffs against China is to drive manufacturing back to America. But the odds of that are low, at least when it comes to toys. "We need to ...
Toy maker Mattel is combining its film and television units to form Mattel Studios, it said on Monday, as the company seeks ...
Mattel has been diversifying its global manufacturing for nearly a decade in an effort to reduce its dependence on China. By the end of the year, less than 40% of Mattel's product will be sourced ...
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