Classics "Barbie" dolls and "Baby Yoda" soft toys sell like hot cakes during the health crisis
The Drive Picks: The Best Car Toys for Black Friday
The Drive Picks: The Best Car Toys for Black FridayAre you looking to save big on cool car toys and fun auto gifts for the holidays? You'd better get shopping. Car toys are expected to be a huge hit this Black Friday, with retailers dropping prices and offering huge discounts on everything from ride-on toy cars to slot car tracks to Hot Wheels sets and everything in between.
Thanks to sales of Barbie dolls, Baby Yoda soft toys and board games, the toy maker Mattel saw a 10% increase in its turnover between July and September 2020. The brand had experienced a net loss of $ 109 million in the previous quarter due to logistics issues and due to the closure of many outlets.
saw sales increase 10% in the third quarter of 2020 to $ 1.6 billion, reports . "The toy industry as a whole has experienced significant growth and continues to demonstrate its resilience during difficult economic times," said company CEO Ynon Kreiz.
These new and used cars take the longest time to sell
And often times, the longer they wait around, the better chance there is to score a deal.iSeeCars is back with new research after diving into over 4.4 million new and used cars sales from March through June to see which cars are hanging out at dealerships or sitting with "for sale" signs the longest. You may expect the list is full of sedans and hatchbacks, knowing America can't get enough SUVs and pickup trucks . However, there are a couple of surprises when it comes to the slowest selling new cars.
An increase of 29% for sales of Barbie dolls
The manager explained that his company had "gained market share in key areas, all over the world" . It suffered a net loss of $ 109 million in the second quarter, but was able to rebound to $ 316 million recorded between July and September 2020. Its net income more than tripled.
These good results are mainly due to the timeless. This represents a quarter of the toy maker's revenue and sales of this doll have increased by 29%. At the same time, the plush toys of , a character from the saga, have been a real success, as have board games.
Hall of Fame Digital Edition: How family businesses position themselves in the corona crisis .
© dpa The board member of the car rental company Sixt is trimming the company for digital services. family businesses are proving to be stable in the corona crisis. However, 70 percent do not believe that the worst has already bottomed out. family businesses will play an important role in overcoming the crisis. But the same applies to them: digitization is a must.