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8th March 2012, 12:22 PM
#1
Hasbro US sales slump forces job cuts
Looks like there's even less chance of Hasbro passing on savings to us with the stronger AUS dollar, as their own weakening sales in America will mean more price-gouging in their non-US markets to compensate.
A financial report on American Hasbro's performance over the Christmas period, showed sluggish sales... prompting job cuts of 170 (about 3% of their 5,900 global workforce).
The report notes that Mattel also had a bad Christmas season, so it wasn't just Hasbro, or even just Transformers.
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