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Mattel Inc. and its Fisher-Price subsidiary have agreed to settle a consumer lawsuit for what could total more than $50 million over the 2007 recall of millions of toys made in China that were found to contain high levels of lead.
Toy-makers, clothing manufacturers and other companies selling products for young children are submitting samples to independent laboratories for safety tests. But the nation's largest toy maker, Mattel, isn't being required to do the same.
Light on summer-movie tie-in toys this year, Mattel Inc. said Friday its sales sank 19 percent in the fiscal second-quarter, but cost cuts and lower inventory helped it post an 82 percent jump in profit, beating analyst expectations.
A federal appeals court has denied MGA Entertainment's bid to halt the transfer of the Bratz fashion doll line to rival toymaker Mattel Inc. pending an appeal.
MGA Entertainment Inc. has asked a federal appeals court to halt the transfer of its Bratz dolls to Mattel Inc. while it appeals a judge's ruling.
A federal judge upheld a $100 million jury verdict Monday for Mattel Inc. in a lengthy legal battle over rights to the Bratz doll, a rival to Mattel's Barbie.
Mattel surely wishes Barbie could turn 50 every year.
An analyst lowered his expectations for Mattel Inc.'s fiscal 2009 results on Thursday due to the strengthening U.S. dollar and continuing weakness in retail toy sales, which has cut into demand for new shipments early this year.
Since its introduction to the toy world in 1959, the 11.5-inch plastic sensation originally known as Barbie Millicent Roberts has reflected the rise of the modern woman in society. But 50 years later, Mattel faces a challenge to sell the iconic dolls amid worldwide economic woes.
As toy maker Mattel Inc. reported that its profit fell almost by half for the key fourth quarter and more than one-third for the year, it said Monday that it will raise its prices and cut its 2009 spending, including on advertising.
The judge who barred MGA Entertainment Inc. from selling or making its popular Bratz dolls agreed Tuesday to extend a deadline he set for the company to take the products off store shelves.
Pouty-lipped Bratz will stay on store shelves until after the holidays, but their fate after that — and that of their parent, MGA Entertainment Inc. — was uncertain Thursday after a federal court ruling banning MGA from making the saucy Barbie alternative.
The maker of Barbie dolls is taking the next step in its lengthy quest to sweep the rival Bratz line from toy store shelves, after winning $100 million in a copyright infringement lawsuit earlier this year.
Mattel Inc. said Thursday it is cutting about 1,000 positions worldwide because of the economic downturn that is clouding the holiday outlook for toy makers.
Toy maker Mattel Inc. said Monday its fiscal third-quarter profit edged up on higher sales of its Fisher-Price and American Girl brands, but results missed Wall Street expectations as expenses rose.
A three-month trial that pitted Mattel Inc. against Bratz-maker MGA Entertainment Inc. brought a $100 million jury award for the house of Barbie, but the legal battle is far from over.
A three-month trial that pitted Mattel Inc. against Bratz-maker MGA Entertainment Inc. brought a $100 million jury award for the house of Barbie, but the legal battle is far from over.
A lawyer for the maker of Bratz dolls sought a mistrial Friday in a copyright infringement case brought by Mattel Inc. after a juror was dismissed for allegedly making racial slurs.
Toy maker Mattel Inc. said Friday that second-quarter sales rose 11 percent to $1.11 billion, with a strong showing from items related to summer movies like "Kung Fu Panda" and the latest Batman film. International sales rose 15 percent, mainly coming from the effect of the weaker dollar, while U.S. sales rose 3 percent.
Mattel Inc. said Friday its second-quarter profit fell by nearly half as higher costs offset strong sales of toys related to summer movies like "Kung Fu Panda" and the latest Batman film and the benefit from the weaker dollar.
Barbie and Bratz dolls are sisters, a jury has decided in a major victory to Mattel Inc., the world's largest toymaker, in its copyright infringement lawsuit against rival MGA Entertainment Inc.
The rights to the popular Bratz doll franchise belong to Mattel Inc., not a rival toymaker that stole the concept that became a global darling among consumers, a lawyer for Mattel said Tuesday.
Mattel Inc., the world's largest toymaker, said Monday that higher product costs and legal fees led to a first-quarter loss despite the benefit that a weak U.S. dollar had on overseas sales.
Mattel Inc. posted a 15 percent gain in fourth-quarter profit, even though it entered the crucial holiday season in the shadow of negative publicity over its recalls of millions of Chinese-made toys tainted with lead.
11 Things Wal-Mart Has BannedRetail giant Wal-Mart is the world's largest public company, and whether or not you're a fan of shopping at the House that Sam Walton Built, you've got to admit that the store stocks just about everything. But not quite, though.
DreamWorks eyes View-Master toy as movie conceptView-Master, the Fisher-Price toy with little 3-D picture discs of mountains, rivers and caverns that kids could rotate through a viewfinder, is the latest vintage toy getting a second life on the big screen.
We've all seen it -- that beautiful, young woman bending over to pick something up only to reveal a strategically placed tattoo just above her buttcrack. The sight of her buttcrack notwithstanding, you can't help but feel slightly...violated.
After Dora uproar, Nick and Mattel soothe moms: Parents were upset with a Tween DoraNEW YORK – When toy maker Mattel, working with Nickelodeon, announced earlier this month that a "tween" version of Nick's beloved "Dora the Explorer" cartoon character would be unveiled in the fall, the response was overwhelming ... overwhelmingly negative.
Did Mattel Turn Dora the Explorer into a Tramp?When toy maker Mattel, working with Nickelodeon, announced earlier this month that a "tween" version of Nick's beloved "Dora the Explorer" cartoon character would be unveiled in the fall, the response was overwhelming ... overwhelmingly negative.
As I read and research Joe Barton's recent calls for a hearing to clarify the recent consumer protection laws being put into place, I'm filled with a little bit of confusion at his latency and suspicion of his intent. Let me preface this by saying that I... wait for it...
Barbie designer threw orgies with doll-like hookersThe creator of the wholesome Barbie and Ken dolls was a serial swinger who held orgies with doll lookalikes, a new book claims. In "Toy Monster: The Big, Bad World of Mattel," out next month, Jerry Oppenheimer claims that Barbie designer Jack Ryan was a "full-blown seventies-sty …
Doll power: Barbie celebrates 50th anniversary and toy world dominance - TelegraphEven at 50 Barbie shows no sign of slowing. The former model, whose cv runs from palaeontologist to presidential candidate, is worth $3 billion a year and looks better than ever.
Barbie vs. Bratz battle rages on to the end: Bratz Lost, Parents HappyMattel sued Bratz manufacturer MGA Entertainment Inc., and last week a federal judge ordered MGA to cease making the dolls immediately and to stop selling them after the holiday shopping season ends.
'Scrabulous' gets a nip-tuck, returns as 'Wordscraper'The reason for Scrabulous' extreme makeover has its roots in some pretty gray legal matters: the real problem wasn't that it ripped off Scrabble, but that it ripped off Scrabble so blatantly.
Scrabulous Is Gone, and Life's a BlankThe great Scrabble Famine is upon us! And the good citizens of Facebook are revolting! (Insert corny joke here.)
Mattel Reveals New Star Trek R/C ToysFly your own Enterprise - but not the new movie Enterprise…yet Mattel's Tyco is planning on four different flying Enterprise toys for release in early 2009.
Skee-Wee AKA Barbie Makes DebutAKA Centennial Barbie, the first Barbie based on any sorority, is outfitted in a pink and green evening gown, matching jeweled shoes and gold jewelry... The Mattel doll will sell for $50 through the Barbie Collector catalog, the Barbie Collector.com website and retailers.
Honda Goes Crazy With A Hot Wheels RacerEven sensible Honda has a wild side. For a company that prides itself on the fuel-efficiency of its cars, a two-seater with a 20-liter V-10 seems somewhat out of character. And yet, what kid wants to play with a Hot Wheels car modeled on a Civic Hybrid?
Online Scrabble Craze Leaves Game Sellers at Loss for Words NEW DELHI — The latest bane of office productivity is Scrabulous, a virtual knockoff of the Scrabble board game, with over 700,000 players a day and nearly three million registered users.
Scrabulous Facebook app under threat from Scrabble's ownersFans of popular Facebook application, Scrabulous, are up in arms over demands by owners of the board game Scrabble, Hasbro and Mattel, to delete the application after claims that it infringes their copyright.
Facebook asked to pull ScrabulousFacebook has been asked to remove the Scrabulous game from its website by the makers of Scrabble. The Facebook add-on has proved hugely popular on the social network site and regularly racks up more than 500,000 daily users.
On January 15th, I am flying to China to do school research on how international business is affecting China. Along the way, though, I am going to be posting both blog-style reports to Newsvine and, if time permits, full articles at night, provided I have Internet access.
Co-op America: Ten Green Toys for the HolidaysHoliday shopping: Keeping safety and the health of our families and the planet in mind
Coke, Kellogg's cop Bad Product AwardsAn international network of consumer groups has named several companies, including Coca-Cola, Kellogg's and Mattel, as the worst brands when it comes to abusing consumer rights around the world.
Senators Call For 'Sweatshop-Free Barbie'Attention shoppers: With the holiday season fast approaching isn't it time to give your child a doll or toy-train not made in a sweatshop?
Four Chinese detained for involvement in Mattel toy recallPolice have detained four Chinese people involved in the recent recall of Chinese-made toys by U.S. toy giant Mattel, according to Li Changjiang, director of the General Administration of Quality Supervision, Inspection and Quarantine.
Lead Toy RecallsToy safety can't be ever taken too seriously, and corporations must realize that consumers won't back down when it comes to children. There's lots of toy recalls and other recalls due to lead paint - particularly children's costume jewelry.
Consumers Left in the Cold: Promoting voluntary compliance over safety mandatesBy now it should come as no surprise that the Bush administration dislikes regulation. It has appointed industry-friendly officials to lead agencies that enforce everything from consumer safety to workplace regulations.
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