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Thread: Mattel CEO Resigns
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Old 01-26-2015, 10:52 PM   #22
Pravus Prime
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Join Date: Oct 2011
Posts: 383
Quote:
Originally Posted by Joe Moore View Post
They've basically doubled down on Barbie and Hot Wheels, even as markets for both brands were growing stagnant. They've kind of half-assed most of everything else, never seeming to commit to kids or collectors. They've done nothing with Mega Bloks since buying them (that could change at Toy Fair) and just seem to generally expect customers to be there.

Hopefully, whoever is put in charge can give them direction and decide what they want to do with the properties and licenses they own.
Quoted for truth. Their ability to do nothing with their brands is shocking.

Quote:
Originally Posted by Steevy Maximus View Post
Mattel maintains their number one status by pure volume of sales and a significant international presence (which is why Hasbro has talked up its international expansion so much these past few years).
Number two. LEGO is number one. As Mattel slips further and further as LEGO expands, that's an ever increasing gap.


Quote:
Originally Posted by Dr Kain View Post
Good riddance. Maybe Mattel can become a respectable company again.
Years ago I stated I wanted them to go out of business (Comparing them to both Sony and Harmony Gold). I stand by that statement. They are and have been the most incompetent toy company in the business. MattyCollector issues aside, their ability to acquire and squander licenses and IP is second to none and is completely baffling to me.
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