by Divya Murthy | Dec 19, 2023
Fareeha Ahmad, who works for a start-up in the Bay Area, spent on average $50 on her Starbucks vanilla sweet cream cold brew every month. But the coffee company hasn’t seen a cent of Ahmad’s money in the last month. “I stopped going to Starbucks when it came out that...
by Divya Murthy | Dec 3, 2023
As it struggles to beat back streaming losses, box-office disappointments and debates around offloading divisions like ESPN and ABC, Walt Disney Corp. has to put out fires on another front: dissatisfied investors. Activist shareholder Nelson Peltz, the co-founder of...
by Divya Murthy | Dec 1, 2023
Partnerships with film and TV producers could add value to portfolio and help the toymaker navigate a tough retail environment Fans and critics hailed “Barbie” for being a feminist retelling of a controversial doll’s history, a big-budget project for an indie...
by Divya Murthy | Nov 1, 2023
Even the success of the “Barbie” movie could not save the end-of-year outlook for Mattel, as the company grapples with falling annual sales amid a wide-ranging decline in the toy industry. Net sales rose 9% from the prior year to $1.9 billion, as stepped-up purchases...
by Divya Murthy | Oct 2, 2023
Mattel has promoted Robbie Brenner, the producer at the helm of the record-breaking “Barbie” movie, to president of the film division, the company said Thursday, a move that comes as the company plans over a dozen live-action releases centered around its characters....
