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BUSINESS
November 11, 2008 | David Colker, Colker is a Times staff writer
The Barbie vs. Bratz case was back in federal court Monday, and it was clear Barbie-maker Mattel wanted all the dolls in the toy box. Based on a trial victory in July, Mattel Inc. asked the court not only to stop MGA Entertainment Inc. from making the sassy Bratz, but also to require the Van Nuys company to turn over all its dolls, including those already in stores. Mattel, which won the rights to early drawings of the rival doll after weeks of contentious testimony, even wants the Bratz name.
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BUSINESS
July 26, 2008 | David Colker, Times Staff Writer
There's big trouble in the dollhouse. One of the jurors in the Barbie vs. Bratz trial -- in which toy giant Mattel Inc. already has scored a major victory over rival MGA Entertainment Inc. -- was removed Friday for making slurs about the ethnicity of Isaac Larian, the Iranian-born chief executive of MGA. A court order said the juror remarks characterized Iranians as "stubborn, rude" and as "thieves" who have "stolen other person's ideas."
BUSINESS
February 14, 2008 | From Reuters
Mattel Inc. and Jakks Pacific Inc. on Wednesday announced new deals to make wrestling action figures, the latest chapter in a story that has all the acrimony and shifting alliances of professional wrestling. Mattel has teamed with World Wrestling Entertainment Inc. to make toys based on its popular wrestlers, and Jakks is matching up with WWE rival TNA Entertainment. Both deals -- which take effect in 2010 -- are for five years.
BUSINESS
February 1, 2008 | From Times Wire Services
Mattel Inc. posted a 15% gain in fourth-quarter profit Thursday, even though it entered the crucial holiday season in the shadow of negative publicity over its recalls of millions of Chinese-made toys tainted with lead. The company said that tax gains and strong international sales of Hot Wheels and other toys helped offset the cost of the recalls. Still, the world's largest toy maker warned that it expected to rack up additional costs in 2008 as a result of the recalls. "We have a lot of litigation around the world on things related to product recalls, and we've got a significant case coming to trial this year," Robert A. Eckert, Mattel's chairman and chief executive, said during a conference call with Wall Street analysts.
BUSINESS
November 22, 2007 | From the Associated Press
In a risque video on YouTube, Ken and Barbie dolls are joining calls by high-profile Democrats for the resignation of Nancy Nord, acting chairwoman of the Consumer Product Safety Commission. In the video, shot and posted by the Campaign for America's Future, a liberal advocacy group, Ken and Barbie meet at a bar after breaking up and go to Barbie's house. A week later Barbie complains to Ken that she is "having some symptoms." When Ken asks what's wrong, she answers, "It's lead poisoning."
BUSINESS
November 7, 2007 | From Times Wire Services
Mattel Inc. asked consumers to stop using 196,000 kitchen toys made in Mexico because small pieces may pose a choking hazard to children. The Fisher-Price Laugh & Learn 2-in-1 Learning Kitchen toys were sold worldwide from May to October for about $70 each, the U.S. Consumer Product Safety Commission said. There have been 48 reports of parts separating from the toys, with children gagging or choking on them.
BUSINESS
October 11, 2007 | From Times Wire Services
Attorneys for a Michigan pension fund alleged in a shareholder lawsuit that Mattel Inc. had misled investors by delaying the reporting of defects in its toys to federal regulators, The lawsuit also accuses three current members and one former member of Mattel's board of engaging in illegal insider trading by dumping more than $33 million in stock before the company's massive toy recalls in the summer.
BUSINESS
September 25, 2007 | From the Associated Press
beijing -- China's state media on Monday welcomed U.S. toy maker Mattel's apology over its recalls of Chinese-made toys, saying that although overdue it should help restore the country's sullied export reputation. Mattel apologized in Beijing on Friday for recalling 21 million toys this summer, the majority of which had small magnets that could fall out and be harmful to children if swallowed. The company acknowledged the problem was a design flaw and not the fault of Chinese manufacturers.
BUSINESS
September 21, 2007 | From Times Wire Reports
The European Union's consumer chief has asked Mattel Inc. for details of quality control measures introduced since the company's recall of millions of Chinese-made toys, and she warned the company that it faced a major task in rebuilding trust in the industry. Meglena Kuneva told Mattel that she would push for new EU rules if not enough was done to stop dangerous toys from coming to market.
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