The companies are expecting a strong finish to the year after delays in purchasing weighed on company revenues. Hasbro is also leveraging its U.S. operations and moving away from China.
- Toy makers Hasbro and Mattel faced challenges from delays in retail orders during the third quarter, but are starting to see early signs of a bounceback for the holiday season.
- Orders have “accelerated significantly” since the beginning of the month, Mattel CEO Ynon Kreiz said in an earnings call Oct. 21. Prior to that, delays in ordering patterns weighed on the company’s Q3 sales, which were $1.7 billion, down 6% from last year.
- Meanwhile, Hasbro has seen sales momentum build over “probably the last seven to eight weeks,” CEO Chris Cocks said in a separate earnings call. Excluding growth from its Wizards of the Coast brand and digital gaming, Hasbro’s consumer products revenue declined 7% YoY and operating profit fell 32%.
Hasbro, Mattel signal retail orders to bounce back for the holidays | Manufacturing Dive
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Bauer Media has today announced the expansion of Bauer Illuminate for the automotive market, allowing auto advertisers to accurately target audiences at different stages of their car buying journey, using unique and invaluable first-party data gathered from Bauer’s network of high quality, brand safe automotive digital platforms. This first-party information aids brands to send targeted messages to relevant automotive cohorts at key stages of the car buying journey, increasing efficiency and engagement. This includes audiences looking at general car buying advice at an early stage (‘Awareness’ phase), to those further down the funnel and looking at certain body style or fuel type (‘Engagement’ phase), to consumers who are in deep research stage and typically eight weeks away from purchase (‘Intent’ phase). Early trials have shown that when targeting users during the ‘Engagement’ stage using Illuminate, dwell time increased by 50% and the number of users that engage with car adverts by 13%. The introduction of the service follows the launch of Bauer Autoventure in 2020, which married Bauer’s Automotive titles such as Parkers, Car, Fleet News, Automotive Management, Classic Car and Practical Classics with its market-leading audio business, providing automotive brands creative advertising solutions. With the expansion of Bauer Illuminate, auto brands will now be able to benefit from both Bauer’s creativity and insight to create campaigns with impact – especially as the industry rapidly moves to a cookieless world.
In this episode, Cory Connors welcomes Kristen Clark to explore why paper, especially paperboard from Metsä Board, is a sustainable packaging material. Kristen shares her journey from consumer packaged goods marketing to her current role at Metsa Board, highlighting the company’s deep commitment to sustainability and innovation. The conversation covers forest management, circular manufacturing practices, and the role of paperboard in replacing plastic packaging.
Key Topics Discussed:
Kristen’s career path from CPG marketing to sustainable paperboard
Overview of Metsä Group and its cooperative model with 90,000 Finnish forest owners
How Metsä Board uses every part of the tree to minimize waste
Bioenergy generation from bark and branches
Reforestation practices: planting 4–7 trees for every one harvested
Lightweight yet strong paperboard that reduces carbon footprint
Circular side-stream applications, including animal bedding and soil improvement
Metsä Board’s goal to be fossil-free by 2030 (currently 89% there)
Water efficiency and process improvements
Paperboard’s role as a plastic alternative and common missteps in adoption
Metsä Board’s packaging design teams in Finland and the U.S.
Extended Producer Responsibility (EPR) laws and their impact on paper recycling
Virgin vs. recycled fiber: why both are needed for a healthy recycling loop