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Mattel, Inc.

  • Mattel names CEO Bryan G. Stockton chairman

    EL SEGUNDO, Calif. — Mattel’s board of directors has named CEO Bryan G. Stockton, 59, as chairman of the board, effective Jan. 1, 2013. The current chairman, Robert A. Eckert, 58, informed the board of his decision to retire from his service as director and chairman of the board, effective Dec. 31. Stockton will continue to function as CEO, a position he’s held since Jan. 2012.

  • Family Dollar emphasizes budget priced brands

    MATTHEWS, N.C. — Family Dollar is positioning itself as a one-stop shop for families this holiday season.

    The company plans to have in stock hundreds of toys and gifts priced at $10 or less at its more than 7,000 nationwide locations. The single price point strategy is designed to appeal to the large segment of shoppers hard-hit by the economy and who need stretch their holiday budgets.

  • Mattel Apptivity marries old-school toys with new technology

    EL SEGUNDO, Calif. — Mattel's highly-anticipated Apptivity line, which the company introduced at the 2012 Toy Fair in February, is now available for the iPad.

    At the Toy Fair, representatives for Mattel demonstrated how Apptivity allows kids to take a physical toy, such as a Hot Wheels car and play with it on the screen of an iPad. Other brands now available through the Apptivity line include Fisher-Price, Monster High and WWE.

  • Nine West takes next step in social media

    NEW YORK — Nine West has launched a new YouTube network called Channel 9 that will feature premium programming and user-generated content.

  • Mega Brands sales up 13% in Q2

    MONTREAL — Toy manufacturer Mega Brands reported that net sales in the second quarter increased 13% to $94.5 million compared with $83.9 million in the corresponding 2011 period.

    Toy sales increased 14% compared to the second quarter of 2011, driven by higher product shipments in the preschool and boys construction categories. Toy sales have increased year-over-year in ten of the last 11 quarters.

    Sales of stationery and ctivities products were up 10%, the fifth consecutive quarter of year-over-year growth in this segment.

  • Income up, sales flat at Mattel

    EL SEGUNDO, Calif. — For the second quarter, Mattel reported net income of $96.2 million, or 28 cents per share, compared with last year’s second quarter net income of $80.5 million, or 23 cents per share.

  • Mattel renames design center in honor of founders

    EL SEGUNDO, Calif. — Mattel has renamed its design center at its Southern California headquarters the Handler Team Center in honor of founders Ruth and Elliot Handler.

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