says it continues to face challenges as inflation and the high cost of living weigh on consumer discretionary spending on toys.
“We expect this environment will continue throughout 2024 as consumers manage through the impact of high interest rates and inflation,” he added.Spin Master, which is behind the popular brands Paw Patrol, Bakugan, Hatchimals and Rubik’s Cube, has a series of new releases lined up for the fall, Rangel said.
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