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Mattel reports loss as Barbie sales plummet

Toymaker Mattel has a problem: Barbie's performance has not been very pretty of late. Sales of the iconic blond dolls tumbled 14 percent in the first quarter, the second straight quarter to see a double-digit decline. Barbie's slump comes as Mattel and other toymakers contend with bloated product inventories and a cut-throat retail environment that has pinched profits and pushed toymakers into cost-cutting mode.

Mattel reports 1st quarter loss on weak sales of Barbie, weakness internationally

EL SEGUNDO, Calif. - Toy maker Mattel says weak sales of Barbie and markdowns to clear out excess inventory left over from a sluggish holiday season led to an unexpected first-quarter loss. Its shares fell almost 5 per cent in premarket trading. Toy makers are facing a weak environment globally due to the uncertain economy and popularity of electronic gadgets. The first quarter is the seasonally smallest for toy makers, coming after the key holiday quarter which can account for up to 40 per cent of revenue.

Pfizer, Mattel, Questcor, BlackRock and Alcoa are big market movers

NEW YORK, N.Y. - Stocks that moved substantially or traded heavily Monday on the New York Stock Exchange and the Nasdaq Stock Market: NYSE Pfizer Inc., down 96 cents to $31.20 An experimental breast cancer drug showed encouraging results in a clinical trial, though not as positive as earlier tests. BlackRock Inc., down $5.03 to $303.89 The asset management firm reshuffled its executive ranks, a move toward picking a successor to co-founder Laurence Fink. Alcoa Inc., down 16 cents to $12.47

Advocacy groups urge Girl Scouts to end partnership with Mattel and Barbie

NEW YORK, N.Y. - America's top doll, Barbie, finds herself in controversy once again, this time over a business partnership between her manufacturer, Mattel, and the Girl Scouts. On Thursday, two consumer advocacy groups often critical of corporate advertising tactics — the Campaign for a Commercial-Free Childhood and the Center for a New American Dream — criticized Barbie as a flawed role model for little girls and launched a petition drive urging the Girl Scouts of the USA to end the partnership. The Girls Scouts said they would not do so.

Barbie stirs up frenzy with swimsuit issue debut

Barbie has been many things in her life: A doctor. A paleontologist. An astronaut. A cheerleader. A race car driver. A candidate for the presidency of the United States. Now, on the threshold of her 55th birthday, the world's most famous doll is stirring up a social media frenzy with her debut in Sports Illustrated's 50th anniversary swimsuit edition.

Barbie doll features in this year's Sports Illustrated swimsuit issue

NEW YORK, N.Y. - After 50 years of debate over her unattainably perfect figure, Barbie now is unapologetic about her tiny waist and endless legs. To prove it? The doll, which is made by Mattel, is flaunting her frame in Sports Illustrated Swimsuit's 50th anniversary issue that's hitting stands on Tuesday. She'll be featured alongside supermodels like Christie Brinkley and Brooklyn Decker as part of a campaign called "unapologetic."

What a doll! Barbie to grace Sports Illustrated's Swimsuit issue

By Karen Brooks AUSTIN, Texas (Reuters) - Red-blooded beauties, step aside: a plastic Barbie doll will join a generation of iconic stunners next week in the Sports Illustrated 50th Anniversary Swimsuit edition. Striking a pose in the black-and-white swimsuit she wore for her debut in 1959, Barbie takes her place alongside a host of legendary SI Swimsuit alumni as part of a new promotional campaign with the magazine, Mattel officials said.

Mattel shares fall on disappointing holiday quarter, weak Barbie sales

EL SEGUNDO, Calif. - Mattel says it was a tough time in toyland this past holiday season. Shares of Mattel dropped more than 9 per cent in premarket trading Thursday after the world's largest toy maker said sales of key toys like Barbie and Fisher-Price preschool items dropped in its fourth quarter. CEO Bryan Stockton called 2013 a "challenging and transformative year at retail."

Mattel 4Q profit rises, but revenue falls as Barbie, Fisher-Price sales slip in holiday period

EL SEGUNDO, Calif. - Mattel's fourth-quarter net income climbed 21 per cent from year-ago results depressed by a litigation charge. But sales of brands including Barbie and Fisher-Price dropped during the key holiday selling period. The toy company's performance missed analysts' estimates. Its stock fell in Friday premarket trading. For the three months ended Dec. 31, Mattel Inc. earned $369.2 million, or $1.07 per share. That compares with $306.5 million, or 87 cents per share, a year ago.

Monster High, improvement in Barbie help Mattel's beat 3Q expectations

NEW YORK, N.Y. - Dolls are conquering the world. Strength of doll brands like Barbie and Monster High around the world helped Mattel's net income rise 16 per cent in the third quarter, a positive sign ahead of the all-important holiday season. Its performance beat Wall Street expectations and shares rose nearly 5 per cent in morning trading.
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