Hollywood helps toymakers to survive
After a sad Christmas season world biggest toy makers forecast a better 2009, companies see several growth possibility thanks to the now comming Hollywood films as X-Men, Transformers 2, and G.I. Joe.
The world’s second- largest toymaker
Hasbro's fourth-quarter net income dropped 30 percent to $93.6
million, from $133.7 million a year earlier. Revenue decreased 5
percent to $1.23 billion from $1.3 billion.
Mattel, the world’s biggest toymaker,
reported that the fourth-quarter profit missed analysts’ estimates
after the rising dollar blunted sales of Barbie dolls and Hot Wheels
cars.
2008 had been a successful year for
LEGO. ‘In local currencies the company had double digit growth
rates in all markets, with the exception of Japan. The Japanese
market has been badly affected and toy sales have dropped by five
percent, so there Lego has only a single digit growth.
Related news
Related news
GVH: The postponement of certain amendments to the Competition Act is justified
The Economic Competition Authority (GVH) agrees with the postponement of…
Read more >About two million tons of food waste is produced in Hungary every year
The former president of the republic, János Áder, chairman of…
Read more >“To the bin with food waste” – the Nébih No Leftovers program announces a poster design competition
On the occasion of the Sustainability Theme Week, the program…
Read more >