US toymaker says strong quarter reflects strategy to expand entertainment offering
Business live – latest updates
The bumper success of the Barbie movie has given a boost to Mattel, helping push sales up for the first time in a year.
The US toymaker credited the film – the first to feature the world’s most famous doll and the first launched by the company’s new in-house film division – with a 9% year-on-year increase in sales between July and September to $1.9bn (£1.6bn).
More Stories
Italy seeks to protect restaurants and hotels from fake and paid-for reviews
Bodies recovered from illegal goldmine in South Africa where many feared dead
US sues Elon Musk for allegedly failing to disclose early Twitter stock purchase