
1762: Stick Fight
Mattel CEO, Toy Price Hikes and Manufacturing Diversification
The CEO of Mattel announced that the company expects to raise prices on products like Barbie and Hot Wheels rather than moving manufacturing to the United States. While Mattel plans to diversify its supply chain away from China, it intends to relocate production to other foreign countries to avoid U.S. tariffs. The company, based in El Segundo, currently manufactures almost no products domestically.

