Mattel Elects Ynon Kreiz to Board of Directors

Mattel LogoMattel Inc. elected Ynon Kreiz to serve on its Board of Directors, effective June 13.

Kreiz brings more than 20 years of experience in the media and entertainment industry. He most recently served as chairman and CEO of Maker Studios, and previously served as chairman and CEO of Endemol, an independent television production company. Prior to that he served as Chairman and CEO of Fox Kids Europe, which he co-founded and expanded into 56 countries.  [Read more...]

Mattel Introduces New Mega Construx Despicable Me Construction Line

MegaConstrux_DespicableMeMattel’s Mega Construx brand released new construction sets based on Despicable Me 3, ahead of the movie’s release next month.

The new products include the Mega Construx Micro Action Figure Series, Despicable Me 3 Cheese Festival Assortment, Mini Vehicle Assortment, Agnes and Minion Feature Pack Assortments, Gru’s Water Motorbike, Family Luau Party, and Dru’s Transforming Vehicle.

The toys are designed for kids ages 5 and up, and are available in stores nationwide now. Despicable Me 3 will be in theaters June 30.

Mattel Reports Q1 Financial Results

Mattel LogoMattel Inc. reported first quarter 2017 financial results, showing a worldwide net sales and gross sales were down 15 percent versus Q1 2016.

There were lower sales in North America and Europe, partially offset by strong performance in Asia Pacific (net sales and gross sales up 17 percent as reported), and continued momentum in Latin America (net sales down 1 percent and gross sales up 4 percent as reported). [Read more...]

Mattel, Lappset to Open Mattel Play! Theme Park in the Netherlands

Lappsett-GroupMattel Inc. will open Mattel Play!, an interactive, indoor family entertainment center, in Sevenum, Netherlands set to open this fall. The theme park will feature play zones based on several Mattel characters including Thomas & Friends, Fireman Sam, Angelina Balerina and Bob the Builder. [Read more...]

Mattel Commits $50 Million to UCLA Mattel Children’s Hospital

UCLAchildrenshospitalMattel Inc. will gift UCLA Health $50 million to fund an expansion of the UCLA Mattel Children’s Hospital and help establish a pediatric center and research hub focused on improving children’s health. A committed partner for more than 20 years, Mattel has provided more than $80 million to UCLA in support of the university and health care system.  [Read more...]

TIA Announces Toy of the Year 2017 Winners

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Last night, the Toy Industry Association (TIA) announced the 2017 Toy of the Year award winners at the 17th annual Toy of the Year Awards and Toy Industry Hall of Fame induction ceremony, hosted at The Intrepid Sea, Air & Space Museum in New York City.

Winners in each of the categories include: [Read more...]

Mattel to Debut Thomas & Friends Super Station

image001Mattel is debuting the Thomas & Friends Super Station at the North American International Toy Fair in New York City. The Super Station includes 35 feet of track that make up 10 different locations from the Island of Sodor, such as Tidmouth Sheds, Brendam Docks, Knapford Station, Search & Rescue Center, and more, and works with all scales of Thomas engines.

The tracks can also be reconfigured as four different racetracks to fit multiple play spaces. There is room for more than 100 different locomotives, so kids can use all of their engines in one station. Three engines are included—Cranky, Harold, and Owen—in three different scales.

Mattel Kicks Off Thomas & Friends Global Brand Campaign

ThomasAndFriendsThomas & Friends, from Mattel Inc., kicked off its first global brand campaign with a year-long marketing program, Set Friendship in Motion.

The campaign aims to help preschoolers strengthen friendship skills, such as collaboration, communication, sharing, manners, kindness, and the abilities to express and understand feelings and emotions. Set Friendship in Motion will include ways for families to interact with kids including content, digital activations, and live events to bring the campaign to life. [Read more...]

Mattel, Alibaba Group Form Strategic Partnership

Mattel LogoMattel entered into a strategic partnership with Alibaba Group. Leveraging Mattel’s brands and Alibaba’s data and insights into the Chinese consumer base, the expanded partnership aims to reshape the way parents in China think about play.  [Read more...]

Mattel Rebrands Mega Bloks, Introduces Mega Construx

MegaConstruxMega, the construction brand under Mattel‘s portfolio, organized its big-block product line under the Mega Bloks name and introduced Mega Construx, a new sub-brand of construction sets designed for kids ages 4 and up.

Under the Mega Brands umbrella, Mega Bloks will be made for preschoolers ages 1 to 4, and Mega Construx will offer older fans immersive sets that feature authentic characters and varied brick shapes. The new line also offers detailed and authentic micro-figures. Mega Construx will feature lines from popular licenses such as American Girl, Barbie, Despicable Me, Halo, Destiny, and more. [Read more...]