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Matchbox is a toy brand which was introduced by Lesney Products in 1953, and is now owned by Mattel, Inc, which purchased the brand in 1997.The brand was given its name because the original die-cast "Matchbox" toys were sold in boxes similar to those in which matches were sold.
Seeing no future for the company, Rodney Smith left in 1951. Conestoga Wagon by Lesney. The first model toy they produced in 1948; a die-cast road roller based clearly on a Dinky model (the industry leader in die-cast toy cars at that time); in hindsight proves to be the first of perhaps three major milestones on the path to their eventual ...
Hornby Hobbies – Known mostly for trains, has owned many diecast cars, models, and slot car systems along the way. Hot Wheels – Famous line of small diecast custom, sports, and racing cars by Mattel. HP – Plastic toys made in Hong Kong [38] HPI Racing (formerly Hobby Products International) – 1:43 & 1:18 scale diecast.
A California federal appeals court this week tossed more than half of a multimillion-dollar verdict against toy maker Mattel . The court struck approximately $172 million from the nearly $310 ...
Hot Wheels is an American media franchise and brand of scale model cars invented by Elliot Handler and introduced by his company Mattel on May 18, 1968. [2] It was the primary competitor of Matchbox until Mattel bought Matchbox owner Tyco Toys in 1997.
Businessman Harold "Matt" Matson and the husband-and-wife duo of Elliot and Ruth Handler founded Mattel as Mattel Creations in January 1945 in a garage in Los Angeles. [15] [16] The company name chosen is a portmanteau of the surname of Matson and first name of Elliot, with former chairman and CEO Bob Eckert revealing at a 2013 Christmas Day Peninsula Seniors lecture that the founders ...
Mattel CEO Ynon Kreiz joins Yahoo Finance Live to discuss the company's fourth quarter earnings, its brand portfolio, and the outlook for continuous growth.
When Tyco was purchased by Mattel on March 27, 1997, it was the third-largest toy company in the United States. The brand survived into the 2000s and beyond as the Mattel "Tyco R/C" division, while much of the Sesame Street line, Magna Doodle, and the View-Master were transferred to the Fisher-Price division. On February 23, 2019, Terry Flynn ...