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The global toy maker, Mattel has seen its Q2 2021 net sales increase 40 per cent on last year, with particular success across EMEA where the firm’s growth has exceeded the industry by 11 percentage points. Mattel bosses have billed it ‘another exceptional quarter’ having witnessed ‘outstanding consumer demand for …
Read More »Record quarter for Mattel as CEO Ynon Kreiz welcomes “exceptional results reflective of firm’s turnaround”
Mattel has seen first quarter net sales up by 47 per cent year on year in what the toy maker’s chairman and CEO, Ynon Kreiz has called ‘another record quarter for the company’ with “exceptional results” reflective of the firm’s turnaround. This marks Mattel’s third consecutive quarter of growing market …
Read More »Mattel bosses hail Q4 and full year 2020 results ‘best performance in years’
Mattel bosses have hailed the company’s fourth quarter and full year 2020 financial results as ‘its best performance in years,’ having beaten all expectations to see Q4 net sales up ten per cent and full year sales increase by 2 per cent to hit $4,584 million. Sales of the company’s …
Read More »Mattel names Jonathan Anschell its new executive vice president, chief legal officer, and secretary
The global toy maker Mattel has named Jonathan Anschell its new executive vice president, chief legal officer, and secretary, effective January 1, 2021, succeeding from the firm’s long-time director Robert Normile, who will remain with Mattel in an executive advisory role until April next year. In his new role, Anschell …
Read More »Mattel sees Q3 success as locked-down families drive Barbie and Hot Wheels spend
Mattel has seen its biggest increase in quarterly sales in a decade, fueled by a surge in Barbie and Hot Wheels toys bought by parents and families throughout a period of at home play driven by the global lockdown, the toy maker revealed in its latest earnings report. Net sales …
Read More »Mattel posts first year-on-year growth in operating income in two years
Decreased revenue in China and Europe and a dip in Hot Wheels sales and plummet in brands like American Girl and Fisher-Price indicate there's still some post-TRU recovery to be had.
Read More »Mattel welcomes fifth new director to the board since March
CEO and chairman, Ynon Kreiz has named Dr Judy Olian, president of Quinnipiac University to the board
Read More »Mattel continues its bounce-back plans with new chief commercial officer
The toy maker has promoted Steve Totzke to the position where he will report to Ynon Kreiz, Mattel’s chairman and chief executive officer.
Read More »Mattel strengthens its board of directors with two new appointments
Ynon Kreiz, chairman and CEO of Mattel has said the move to further ‘strengthen and develop its board of directors coincides with its continued plans to transform Mattel into an IP-driven, high performing toy company.’
Read More »CEO Margo Georgiadis quits Mattel job
former Fox Kids chief executive Ynon Kreiz will step into the top job at the struggling toymaker.
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