Friday April 19, 2024 | Last Update: April 19, 2024 EDT
Sales of Mattel fell for the fourth consecutive quarter as demand for its Fisher-Price and Barbie brands decline further, which is not a good time since the Christmas shopping season is coming up.
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2016 will mark the end of the 20-year relationship with the Disney Princesses with Mattel as the franchise switches to its rival toymaker, Hasbro.
With the increase in sale for the first half of 2014, Lego edged out Mattel as the largest toy maker company worldwide.
Mattel's Barbie sales dropped from 2013 to 2014.
Mattel bought Mega Brands for $460 million.
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