Why Do People Hate Barbie?
Bad news for Mattel. Apparently, nobody likes Barbie. Mattel's fourth-quarter earnings were released on Friday and showed that Barbie sales fell 12 percent during the holiday season. But it's not just Barbie that people aren't buying--Fisher-Price sales fell 11% and American Girl sales dropped 4%.
So, what is the toy that did still sell well?
Hot Wheels! Sales rose 5% for Hot Wheels cars during the fourth-quarter. Must be all those NASCAR fans... :)
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