Rival toymaker Hasbro reported disappointing earnings last week, and Mattel faces similar headwinds from tariffs and store closures.
The toy store's creditors — basically a bunch of banks — are trying to figure out how to make money from the brand.
Private investigators and sales teams can only do so much, says Lego's China vice president.
Lego fans and investors maintain a robust, independent online market for rare and valuable pieces.
Mattel and Hasbro will both report their earnings this week. Mattel reports Thursday after the market closes, and Hasbro reports Friday. Combined, these two companies will give us a sense of how the toy industry fared during the all-important holiday season and how they’re coping with the closure of retailer Toys R Us.
"Toyeries" are making a comeback.
One growing trend in toy-buying is so-called gender-neutral playthings – toys that don’t reinforce gender stereotypes like trucks for boys or dolls for girls. But those stereotypes appear hard to shake for both toy makers and consumers. Click the audio player above to hear the full story.
The private equity firms Bain and KKR announced this week that they will contribute $20 million to a compensation fund for former employees of Toys R Us. The retailer filed for Chapter 11 bankruptcy in September 2017, laying off tens of thousands of workers without severance packages. And for months, those former employees have been […]