Retail News

Mattel’s sales jump 20 percent

The New York Times 07/22/2022

Mattel generated $1.2 billion in sales from April through June, up from $1 billion for the same period in 2021. “We really shifted from being a manufacturing company that was making items to an I.P.-driven company that is managing franchises,” said Mattel CEO Ynon Kreiz. “Our company is now in growth mode.”

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