News Formal

Store-level sales across toy industry ‘disappointing’ in October, Spin Master says

  • 📰 globeandmail
  • ⏱ Reading Time:
  • 33 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 92%

日本 ニュース ニュース

日本 最新ニュース,日本 見出し

Toronto-based toy manufacturer’s chief financial officer says the trend is pushing retailers to be more conservative when placing orders

executive says store sales across the toy industry in October were disappointing and well below retailers’ expectations.Mark Segal says stores have started reducing their orders slated for November and December delivery to prevent potential overstocking.

Despite the challenging environment, Segal was optimistic about his company’s performance because its supply chain economics have stabilized and he’s bullish about some recent deals. Spin Master last month announced a $950 million purchase of Melissa & Doug, a Wilton, Conn.-based company known for its wooden and sustainable toys.

Spin Master, which is also behind the Paw Patrol brand, also said it had reached an agreement for the global toy licence for Dora, the new reboot of the “Dora the Explorer” franchise coming next year.Market data values update automatically. Checking box will enable automatic data updates.

このニュースをすぐに読めるように要約しました。ニュースに興味がある場合は、ここで全文を読むことができます。 続きを読む:

 /  🏆 5. in JP
 

コメントありがとうございます。コメントは審査後に公開されます。

日本 最新ニュース, 日本 見出し

Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。

Store-level sales across toy industry 'disappointing' in Oct: Spin MasterTORONTO — A Spin Master Corp. executive says store sales across the toy industry in October were disappointing and well below retailers' expectations.
ソース: SooToday - 🏆 8. / 85 続きを読む »

Store-level sales across toy industry 'disappointing' in Oct: Spin MasterTORONTO — A Spin Master Corp. executive says store sales across the toy industry in October were disappointing and well below retailers' expectations. The...
ソース: YahooFinanceCA - 🏆 47. / 63 続きを読む »