Hasbro, Mattel diverge as supply chain resilience proves key during COVID-19 — Panjiva
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Hasbro, Mattel diverge as supply chain resilience proves key during COVID-19

Cons. Discr. - Durables 574 Cons. Discr. - Retailing 517 Coronavirus 511 India 551 Quote Watch 452 U.S. 5399

The global toy industry faces a dilemma heading into the shipping season: whether to draw in imports in anticipation of a recovery in demand or; wait given uncertainty around consumer behavior due to COVID-19 and entail higher logistics costs for expedited shipping later. U.S. seaborne imports of toys and games fell by 5.9% year over year in June and by 11.3% in July, suggesting a gloomy outlook. Yet, the decline has been driven in part by supply chain considerations. Imports linked to Hasbro dropped by 17.8% year over year in Q2. The firm has faced a “very challenging revenue period due...

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