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In a recent survey of 410 toy manufacturers, the Toy Association found that 81 percent of small companies were delaying orders due to the tariffs, with 64 percent canceling them outright.
Founded in 1948 by Charles Lazarus, The Toys "R" Us name made its debut in 1957. Operates over 1,500 stores in 35 countries and jurisdictions around the world under the Toys "R" Us, Babies "R" Us ...
That, at least, seems to have come to fruition. Mattel, the toy manufacturing giant and maker of Barbie, plans to raise prices on American toys due to tariffs, it said Monday in its earnings report.
Mattel’s MAT-2.21%decrease; red down pointing triangle CEO said the company was moving more of its production out of China, lobbying the Trump administration to exempt toys from tariffs and ...
The toy industry is poised to be hit hard by Trump's heightened levies on Chinese goods. China is the world's toymaking powerhouse, making its relationship with the US all the more crucial.
Donald Trump promised that his tariff regime would bring wealth and prosperity to the nation, but as it becomes abundantly clear that the misguided economic tantrum will result in higher prices ...
The toy company is already ramping up its efforts to diversify production away from China in order to avoid more of an impact from tariffs. Mattel Inc., the maker of Barbie dolls, Hot Wheels cars ...
This year, summer runs from June 20 through Sept. 22. That’s “actual summer.” But “practical summer,” in my mind, runs from ...
With US President Donald Trump warning that American children might have to make do with fewer dolls as the result of his tariffs on Chinese imports, interest in toys was muted during the third ...
Mattel Inc., the maker of Barbie dolls, Hot Wheels cars and other popular toys, said on Monday that it would have to raise prices for some products sold in the US “where necessary” to offset ...