ToyNews Toy industry news: business, marketing, retail, wholesale and distribution
Mattel Inc Chairman and CEO Ynon Kreiz has attended a White House roundtable meeting with President Biden and leading U.S. CEOs to discuss supply chain and the holiday shopping season in the U.S.
Mr. Kreiz said: “I was encouraged by President Biden’s commitment to support the private sector in mitigating supply chain disruptions, including in particular port congestion. Mattel appreciates the Administration’s leadership in helping to focus attention and resources on this important area.
“We continue to work through supply chain challenges and collaborate closely with our valued retail partners to try to meet the unprecedented demand for our product. We are confident that there will be plenty of Mattel toys for children of all ages to enjoy this holiday season.
“The toy industry is growing and it is expected to continue to grow as children, parents and caregivers have made play a bigger part of their lives. We are grateful for the invitation to share information with the White House about Mattel’s perspective on supply chain and the toy industry’s preparation towards the holiday season. We look forward to continuing the dialogue.”
