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Ruth Marianna Handler (née Mosko; November 4, 1916 – April 27, 2002) was an American business magnate and inventor.She is best known for inventing the Barbie doll in 1959 [2] and being co-founder of toy manufacturer Mattel with her husband Elliot, as well as serving as the company's first president from 1945 to 1975.
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 ...
Isadore Elliot Handler (April 9, 1916 – July 21, 2011) was an American inventor, business magnate, and the co-founder of Mattel.With his wife, Ruth Handler, he developed some of the biggest-selling toys in American history, including Barbie, Chatty Cathy, Creepy Crawlers, and Hot Wheels.
In 1960 or 1961, she encouraged Mattel founder Ruth Handler to create a Black Barbie doll — an “act of revolution,” UCLA professor Patricia A. Turner says in the documentary. (at the time ...
Mattel founder Elliot Handler oversaw the project. The dolls were designed to have a close resemblance to that of the little children in neighborhoods across America. Martha Armstrong-Hand at Mattel made the first Kiddles in 1965.
Here's how Mattel performed in the all-important holiday quarter. The earnings rundown. Net sales: +16% year over year to $1.62 billion vs. estimate of $1.64 billion Adjusted gross margin: 48.8% ...
Mattel said Wednesday that Barbie doll sales had surged 16% in the third quarter on the heels of the movie’s success. Its revenue for the quarter rose 9% from a year earlier to $1.92 billion.
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 ...