Welcome to our dedicated page for Mattel news (Ticker: MAT), a resource for investors and traders seeking the latest updates and insights on Mattel stock.
Mattel, Inc. (symbol: MAT) is a leading global toy company that inspires the wonder of childhood and aims to be the recognized leader in play, learning, and development worldwide. Their diverse portfolio includes iconic brands like American Girl®, Barbie®, Fisher-Price®, Hot Wheels®, Monster High®, and Thomas & Friends®. Mattel collaborates with top entertainment and technology companies to create a wide range of products that cater to children and families.
Headquartered in El Segundo, California, Mattel operates in approximately 40 countries and territories and markets its products in more than 150 nations. Their global workforce of around 31,000 employees plays a vital role in maintaining the company's competitive edge.
Mattel markets toy products to both wholesale customers and retail consumers. Their offerings include toys for infants and preschoolers, youth electronics, hand-held and other games, puzzles, educational toys, and plush and fashion-related toys. With a strong manufacturing capability, Mattel produces its toys both internally and through various manufacturing partners.
Financially, Mattel generates over 50% of its net sales from North America, with the rest coming from international markets. The company has recently achieved significant milestones, including strategic partnerships, new product launches, and initiatives focused on sustainability and innovation. These achievements are indicative of Mattel's commitment to growth and its pivotal role in the toy industry.
For more information, visit www.mattel.com.
Mattel, Inc. (NASDAQ: MAT) appoints Karen Ancira as Executive Vice President and Chief People Officer, effective May 15, 2024. Ms. Ancira brings extensive experience from Yum! Brands, focusing on HR programs, organizational development, and DE&I initiatives. Her goal is to enhance the company's culture and develop new People and Culture programs.
Matchbox, in partnership with Mattel, Inc., has launched the new Mercedes-Benz G 580 with EQ Technology die-cast car to commemorate the reveal of the all-new electric G-Class. This premium model uses sustainable materials like recycled metal and ISCC-certified plastic, showcasing Matchbox's commitment to eco-friendly practices. The detailed replica is available in quantities, with a premium version released exclusively online and a Moving Parts Series version hitting retailers later this year.
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