Word: hasbro
(lookup in dictionary)
(lookup stats)
Dates: during 2000-2009
Sort By: most recent first
(reverse)
Toys don't get much more classic than Lincoln Logs: interlocking brown wooden pieces that kids since 1916 have used to build frontier cabins and fences. Under manufacturer Hasbro, Lincoln Logs languished in recent decades. But three years ago, a small company based in Hatfield, Pa., called K'Nex, licensed the brand and found ways to push it into stores. Ever since, the toys have been tumbling into shoppers' carts. With $50 million in sales this year, they're more popular than ever...
Traditional toys and games account for two-thirds of the $24 billion toy market. And retailers Wal-Mart and Target report that toys are one of the few categories showing sales growth this season. That's welcome news for toy giants Mattel and Hasbro, and even more encouraging for retro-toy niche players like K'Nex, which projects revenue growth of 30% this year...
Mattel and Hasbro have struggled for years with graying product lines and supply-chain snafus that, like clockwork each holiday season, resulted in shortages of the hottest toys. To woo investors back, each made forays into electronics and software, with disastrous results. Hasbro, after losing $200 million on an interactive division and website, sold both ventures for $100 million early this year. Mattel in 1999 bought educational-software maker The Learning Co. for $3.5 billion, only to unload it this year for an "undisclosed sum," which analysts say was virtually...
...WHITMAN When a headhunter begged her to interview at a fledgling dotcom, Whitman, then an executive at Hasbro's preschool division, at first declined. But she reconsidered and within a couple of years turned EBAY into the most successful pure Internet company while making herself the first woman Internet billionaire. Whitman, 44, has made eBay--with more merchandise than ever, including $1 billion a year in auto sales and 37 million users worldwide--a truly global marketplace...
...investment bank to return their phone calls these days, Whitman and her company are held in such esteem that she has been named to the board of Goldman Sachs. Whitman, 44, joined eBay in 1998 and applied the lessons she learned at such old-economy firms as Hasbro and Disney. She did adopt some New Economy habits. Rather than preside from an office, she sits in a cubicle among her employees. Whitman was once criticized in Silicon Valley for stressing profitability over growth, but many of her detractors have since had to move back in with...