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Stock impact report

Toy makers rush into ‘blind box' trend for holidays following Labubu craze [Yahoo! Finance]

Mattel, Inc. (MAT) 
Last mattel, inc. earnings: 2/13 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.shareholder.com/mattel
Company Research Source: Yahoo! Finance
NEW YORK (Reuters) -While U.S. consumers keep searching for an authentic Pop Mart Labubu, rivals are introducing their own cheaper, easier-to-find "blind box" products for the key holiday shopping season to capitalize on the craze sparked by the fuzzy mini monsters. Hot gift lists from retailers like ?Walmart feature a new crop of blind box figurines and trading cards, and U.S. companies including Hasbro and Mattel are selling versions of toys like Furby and Barbie in ?mystery packaging, incorporating the trend. A blind box toy – like Spin Master's popular CrystaLynx dragons – generally has packaging that hides the specific product inside so shoppers keep buying until they find the one they want or collect the whole ?series. Labubus stoked excitement for the trend this summer, spiking in popularity as retailers finalized their holiday plans. The "ugly-cute" dolls with toothy grins aren't widely available. They sell out in minutes and later turn up on resale sites like eBay for Show less Read more
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