Latest news with #Mattel
Geek Tyrant
2 days ago
- Entertainment
- Geek Tyrant
Hot Wheels Unleashes JAWS 50th Anniversary Collectible Set — GeekTyrant
Hot Wheels is celebrating the 50th anniversary of Jaws with a killer collectible that fans of the classic thriller won't want to miss. Ditching the wheels in favor of a full-on display piece, this die-cast set recreates the legendary 'You're gonna need a bigger boat' moment with retro 1970s style. The mini diorama features a stylized ocean backdrop and brings a wave of nostalgia with its clever detailing. It's the perfect mix of toy and tribute, making it a must-have for Jaws collectors and die-hard movie geeks alike.
Geek Tyrant
3 days ago
- Entertainment
- Geek Tyrant
Cool MASTERS OF THE UNIVERSE Origins Snake Lair Playset Crowdfund Campaign is Live — GeekTyrant
If you're a fan of He-Man and The Masters of the Universe, this Masters of the Universe Origins Snake Lair Playset is something you might want to get your hands on! The Crowdfunding Campaign is now live on Mattel Creation and it's priced at $300, with 6,000 backers needed at minimum to move forward with production. Check out full details, photos, and the crowdfund link below. Masters of the Universe Origins Snake Lair Playset The Masters of the Universe Snake Lair is the fortress of Lady Slither and home base for the Snake Men. It was first featured in Classics Mini Comic #5, 'He-Man vs. Skeletor! Their Final Battle!' but was never created in toy form. Now, you have the chance to bring it to life! The MOTU community voted it Eternia's Choice, and we've incorporated fan feedback to shape the design. It'll feature a throne room for Lady Slither, with a serpentine design exactly to her liking. Unwelcome visitors will be greeted with blasters, snatched up in capture devices, and placed into the iron maiden or snake shackles. No villain is complete without an evil steed, this set also features Lady Slither's two-headed serpentine steed Chimera. This is your one and only chance, fund all the tiers and restore Lady Slither's stronghold to its Preternian glory! Masters of the Universe® Origins Snake Lair PlaysetOpen Dimensions: 28.46' W x 16.04' L x 29.30' H (72.29 x 40.74 x 74.42 cm)Scaled for play and display with MOTU Origins figures. Also in scale with previously released Castle Grayskull and Snake Mountain setsIncludes Chimera, Lady Slither's two-headed evil steed Four levels across two sections, sculpted with slithery details throughoutUse the Snake Staff to unlock the working drawbridge. From the throne room, Lady Slither can plan her next evil moves. Harpoon blaster can be positioned throughout the lair or for topside defense. Telescoping snake head turret pivots and fires a projectile. Includes weapons rack for Snake Men to defend the fortressFeatures working elevator, extending snake head periscope, and zipline. Also includes ladder, capture devices, and an iron maidenEscape the snake-guarded hatchery through the secret passage. Premium reinforced closed box packaging for shipping protectionEach tier unlock comes in its own individual package for displayWill only ever be available on Mattel Creations through this crowdfund A minimum of 6,000 backers are needed to start making this set come to life. With additional backers, we can complete the story of how the Snake Lair traveled through time, and Lady Slither rose again to wreak havoc in Eternia. This campaign ends August 28, 2025, at 11:59pm PT, so join today and tell every MOTU fan you know about the project. Together, you have the power!
NDTV
5 days ago
- Business
- NDTV
Nike, Adidas Pass Trump Tariff Costs To US Customers
US President Donald Trump's sweeping new tariffs on imports from more than 90 countries came into effect on Thursday. It shook global supply chains and led to price hikes from some of the world's biggest brands, including Nike, Adidas, and Mattel. The tariffs, which apply to goods entering the US from key trading partners like Vietnam, Indonesia, China, and Mexico, are already feeding into inflationary pressures at home. The US consumer price index rose 2.7% in June, up from 2.4% in May, AP reported. Economists warn that the new trade measures could further accelerate costs for American households. Adidas Hikes Prices Adidas was one of the first global retailers to sound the alarm. The German sportswear giant confirmed in July that it will raise prices for US customers to offset an expected $218 million in additional costs triggered by the tariffs in the second half of 2025. The company's largest sourcing partner, Vietnam, now faces a 20% tariff, while Indonesia, which accounts for 19% of Adidas' manufacturing, is subject to a 19% tariff. "We feel the volatility and uncertainty in the world does not make this prudent," said CEO Bjorn Gulden, adding that Q2 results were already negatively impacted by the tariffs to the tune of "double-digit euro millions". He added that while existing products may retain their current prices, new launches will be priced higher in the US. Nike Shifts Sourcing Adidas rival Nike had similar concerns. The company expects to absorb as much as $1 billion in additional costs due to the tariffs and has already implemented price hikes in the US, adding $5-$10 to many of its sneaker models. Chief Financial Officer Matthew Friend said China, now subject to a 30% tariff, still accounts for around 16% of Nike's US imports. Nike plans to reduce that figure to a "high single-digit percentage" by May 2026, shifting production to less-exposed countries like Vietnam and Indonesia. "We will optimise our sourcing mix and allocate production differently across countries to mitigate the new cost headwind into the United States," Friend said. He added that Nike was reviewing internal cost reductions to manage the financial impact. Consumer Goods Take A Hit Beyond sportswear, other major companies are also preparing to raise prices. Mattel, the US toy giant and maker of Barbie, announced it will increase prices due to the rising cost of Chinese imports. Retailers like Walmart, Shein, Temu, and automakers, including Ford, Volvo, and Subaru, are also warning of cost pass-throughs to US consumers. Prices of goods made with imported parts are set to rise as the new US tariffs drive up production costs. Items like electronics, apparel, and toys, which are heavily reliant on foreign components, will be among the hardest hit. Analysts warn this could add nearly 1.8% to consumer prices, costing households an estimated $2,400 annually. Stricter customs checks are also expected to cause border delays, especially as the US ends the duty-free status of small parcels under $800 starting August 29, Reuters reported. This will slow shipments, raise costs for businesses, and delay deliveries for consumers. Countries hit with the highest tariffs include India (50%), Brazil (50%), China (30%), Canada (35%), and Switzerland (39%). India's tariff, due to take effect on August 27, was explicitly tied to its ongoing purchases of Russian oil, with Mr Trump threatening further action if those imports continue.
Time Business News
5 days ago
- Entertainment
- Time Business News
Classic Card Game UNO Makes Official Entry into Las Vegas Scene
The very first UNO Social Club in the world recently opened at the Palms Casino Resort in Las Vegas. The initiative by Mattel offers themed rooms and customized UNO game tables. The popular card game is a family favorite, and it was a smart decision of Mattel to acquire the rights to it, as today almost 80% of American households own UNO. How do players play UNO? Each player must try to discard the cards in their hands based on numbers, colors, or symbols. When they have only one card left, players shout 'UNO,' which means 'one' in Italian and Spanish. Various action cards and wild cards can shake up the game. At the UNO Social Club, players can play variants of UNO. This is similar to what happens in online gambling, where operators offer variants of popular card games that people have been playing for centuries, like blackjack and poker. The UNO Social Club concept Ray Adler, vice president and global head of games at Mattel, says UNO Social Clubs will reimagine what game night can be. The brand owns some of the most iconic game brands and is transforming some of these legacy brands into experiential formats. The idea of the UNO Social Club is to bring people together to play, make connections, and enjoy some friendly competition in a unique environment. The UNO brand colors feature prominently in the location. Apart from the main suite and lounge areas in the club, there is also a UNO-themed bowling alley. At the launch of the club, a contest winner and guest were given a three-day stay in the UNO Social Club luxury suite with its custom décor and a personal UNO host to shuffle the deck. Other guests can stay in this suite, which is now open for general bookings. While the club is located in the casino, it offers social experiences based on friendly competition rather than gambling. It is possible that players could decide to make their own wagers on games. UNO variants The following UNO variants will appeal to both casual players and more seasoned ones. UNO Golf follows the traditional rules for matching colors and numbers, but players aim to get the lowest score. They must get rid of high-value cards and keep lower-value ones. UNO Teams require players to team up in pairs of two, and both players must empty their hands. They still must match colors, numbers, and symbols. Timing and coordination are essential to win. UNO Show 'em No Mercy is an intense game with extra cards and tough penalties. There are two ways to win – get rid of all cards or knock out all other opponents. UNO variants combine both nostalgia and innovation, so they appeal to both old and new generations of players. The list of celebrities who endorse all kinds of gaming is growing, which also encourages the participation of younger audiences. UNO Social Club Popups The club in Las Vegas is just the beginning. Initiatives like this can help benefit the Las Vegas economy with the current demand for interactive entertainment. Starting in August, UNO Social Clubs will pop up in major cities across the U.S. These pop-ups will appear in various bars and entertainment venues. Themed décor and signature drinks will be inspired by UNO's color palette. Local audiences will be able to take part in game tournaments, and attending will present them with many photo ops. Some of the cities where this is happening are New York, Chicago, Atlanta, and Austin. The locations are open to the public, and guests don't need to register in advance. TIME BUSINESS NEWS
Yahoo
7 days ago
- Business
- Yahoo
Earnings To Watch: Funko (FNKO) Reports Q2 Results Tomorrow
Pop culture collectibles manufacturer Funko (NASDAQ:FNKO) will be reporting results this Thursday after market hours. Here's what to expect. Funko met analysts' revenue expectations last quarter, reporting revenues of $190.7 million, down 11.6% year on year. It was an exceptional quarter for the company, with an impressive beat of analysts' EBITDA estimates and an impressive beat of analysts' adjusted operating income estimates. Is Funko a buy or sell going into earnings? Read our full analysis here, it's free. This quarter, analysts are expecting Funko's revenue to decline 25.8% year on year to $183.9 million, a reversal from the 3.2% increase it recorded in the same quarter last year. Adjusted loss is expected to come in at -$0.43 per share. The majority of analysts covering the company have reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Funko has missed Wall Street's revenue estimates twice over the last two years. Looking at Funko's peers in the consumer discretionary segment, some have already reported their Q2 results, giving us a hint as to what we can expect. Hasbro's revenues decreased 1.5% year on year, beating analysts' expectations by 11.2%, and Mattel reported a revenue decline of 5.7%, falling short of estimates by 3.2%. Hasbro traded down 3.3% following the results while Mattel was also down 16.4%. Read our full analysis of Hasbro's results here and Mattel's results here. Investors in the consumer discretionary segment have had steady hands going into earnings, with share prices up 1.6% on average over the last month. Funko is down 15.6% during the same time and is heading into earnings with an average analyst price target of $6.25 (compared to the current share price of $3.67). Here at StockStory, we certainly understand the potential of thematic investing. Diverse winners from Microsoft (MSFT) to Alphabet (GOOG), Coca-Cola (KO) to Monster Beverage (MNST) could all have been identified as promising growth stories with a megatrend driving the growth. So, in that spirit, we've identified a relatively under-the-radar profitable growth stock benefiting from the rise of AI, available to you FREE via this link. StockStory is growing and hiring equity analyst and marketing roles. Are you a 0 to 1 builder passionate about the markets and AI? See the open roles here. Sign in to access your portfolio
