Barbie sales take toll on Mattel results

18th October, 2015
4
Barbie sales are falling, but Mattel says it is re-energising the company

Declining Barbie doll sales have hit the bottom line of US toymaker Mattel, which last week reported a decline in both its sales and its income.

“Our results for the quarter, excluding the significant impact from currency exchange rates, were broadly in line with our expectations at this stage of our turnaround. Importantly, we’re very encouraged by the progress we are making on re-energising the company, building momentum in our core brands, improving retail execution,...

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