Playfuls – And the California toymaker Mattel Inc reported a 2.6-per-cent rise in fourth-quarter profits on sales of its iconic Barbie dolls over the winter holidays. The Dow Jones Industrial Average of blue chips rose 3.76 points or 0.03 per cent to 12,490.78
‘Real Toy Story’ reveals dark side of toy industry
USA Today – Of the $9.99 retail price of a Chinese-made Barbie doll in 2000, Clark writes, only 35 cents went to the producers in China for the factory and the labor. Despite codes, labor conditions in Chinese factories are still often atrocious. Clark writes a
AFX NEWS BRIEFING: Consumer and retailing highlights to 15:45 GMT
Forbes – 2007-01-29 15:13:33 Mattel 4Q profit rises 3 pct EL SEGUNDO, Calif. (AFX) – Toy maker Mattel Inc. said Monday its fourth-quarter profit rose 3 percent, boosted by better margins and improved sales of its Barbie and Fisher-Price toys. 2007-01-29 14:39