MGA Entertainment to shift manufacturing base from China to India, 2 other nations amid Donald Trump’s tariffs: Report
MGA’s plans show how US makers of everyday items, which rely heavily on Chinese factories for their products, are adjusting ...
New China tariffs may mean higher toy prices, but Mattel and Hasbro are working to blunt the impact
Mattel and Hasbro may be forced to raise prices if President Donald Trump’s 20% tariffs on imports from China remain in place ...
EconoTimes1d
Toy Giant Moves Production Out of China Amid Rising Tariffs
MGA Entertainment, a major supplier to Walmart (NYSE:WMT) and Target, is accelerating its shift away from China due to ...
Devdiscourse2d
Toy Industry's Global Shift: Navigating Trade Tensions and Rising Costs
MGA Entertainment is moving 40% of its toy manufacturing out of China to India, Vietnam, and Indonesia due to rising tariffs under Trump's trade war. This shift aims to mitigate costs, but could lead ...
Exclusive-Major US Toymaker Speeds up Plan to Move Manufacturing Out of China
Before Trump's new tariffs on China imports, Walmart supplier MGA Entertainment, one of the world's largest privately-held ...
DMR News on MSN5d
Toys to See Price Increases by Fall Due to New US Tariffs on Chinese Imports
The U.S. toy industry braces for a significant price surge as new tariffs on Chinese imports take effect. Nearly 80% of toys ...
Toys expected to cost more by fall due to new tariffs on Chinese imports
Greg Ahearn, president and CEO of The Toy Association, said price increases of 15% to 20% are expected on games, dolls, cars ...
Toy companies grapple with raising prices due to Trump’s tariffs on China
Toy Association CEO Greg Ahearn expects price increases of 15% to 20% on games, dolls, cars, and other toys by the ...
Target’s Sales Forecast Is Down Thanks to Tariffs and a Customer Spending Slump
CEO Brian Cornell says that tariffs on imports from Mexico, Canada, and China could increase prices "over the next couple of days." ...
Retail Dive20d
Mattel leverages diversified supply chain amid new China tariffs
The maker of Barbie dolls and Fisher-Price toys said China will represent less than 40% of its global production this year, down from 50% in 2024. The U.S. represents about half of the company’s ...