MGA Entertainment, maker of the popular and controversial line of Bratz dolls, threw another punch in its extended copyright brawl with Barbie maker Mattel this week. MGA alleges that Mattel has for years been falsifying credentials to spy on competitors at toy fairs around the world.
Do you have your Silly Bandz? Fads come and fads go, but for the moment, these brightly colored, animal-shaped silicone band bracelets are it among the 'tweener and teen set. Sales exploded from $10,000 two years ago to more than $100 million today.
Toymaker Mattel said that its profit for the second quarter more than doubled from a year ago, helped by solid performance across its "portfolio of brands and countries, particularly Barbie and Hot Wheels."