Denmark’s Lego Group on March 7 reported strong earnings for the full year of 2022, which saw the toy maker outpace the toy market during the year and gain market share. The Copenhagen-based com…
Denmark’s Lego Group on March 7 reported strong earnings for the full year of 2022, which saw the toy maker outpace the toy market during the year and gain market share. The Copenhagen-based com…
Bankrupt Toys ‘R’ Us Inc is preparing to sell or close all 885 stores in its U.S. chain, risking up to 33,000 jobs, after failing to reach a deal to restructure billions of dollars in debt, a person f…
For the first time in the company’s history, Toys“R”Us (Asia) Ltd is opening 10 brand new stores in China all on one day – 1 October 2017, National Day.…
Mattel Inc (MAT.O) expects to grow three to four times in the more than $31 billion toys and games market in China by 2020 through digitally connected toys, as it intensifies its efforts to take on LE…
The renovated branch of Lotte Premium Outlets in this suburban city about 30 miles south of Seoul looks more like an amusement park than a shopping mall for bargain hunting.…
Mattel has inked a strategic partnership with e-commerce giant Alibaba to help the toy maker more aggressively sell core brands like Fisher-Price and Barbie to mobile-savvy Chinese parents.…
It’s time to go to China, where the world’s first brick-and-mortar store dedicated to the show has just opened in Beijing.…
Mattel Inc reported a bigger-than-expected quarterly loss due to weak sales of its toys such as Barbie, Monster High and American Girl that are aimed at young girls, and the loss of a lucrative Disney…
Lego CEO Jorgen Vig Knudstorp has told CNBC that China offers “a unique opportunity for growth,” claiming that his firm is well-positioned to become the country’s number one toy bran…
Lego has reinforced its position as the world’s biggest toymaker after Star Wars and Disney’s Frozen helped it record a sharp rise in sales.
The Danish company said that revenues…