Reuters Blogs

Shop Talk

Retailers, consumers and prices

July 29th, 2008

Mattel launches My Meebas as Barbie stumbles

Posted by: Aarthi Sivaraman

mymeebas.jpgWhat would Mattel wish for if it had one wish to make? The launch of the toy giant’s “My Meebas” points to one possibility — better fortunes for its girl’s toy business, as Barbie sales continue to face trouble.

Mattel launched “My Meebas” — a toy for girls aged 6 to 12 that houses a plush “Meeba” in a plastic tube, which serves as a gaming device with a movable LCD screen.

The toy is aimed at the latest generation of girls, who like plush toys but are also into electronic games, Mattel said. The launch comes at a time when Mattel is struggling to revive sales in its girl’s division, best known for its iconic Barbie dolls. Sales of Barbie have suffered in past quarters, as other toys such as “Hannah Montana” and Bratz steal market share. 

The “Meebas”, also made in China like many other toys, will retail for $19.99, while a Barbie “Top Model” doll can be bought for $14.97 at Wal-Mart. The toys have gone through extensive checks, Mattel said, following the spate of recalls last year.

With a “Meeba,” the idea is for a user to buy the toy as they make a wish, and then go through seven levels of game play, or over 20 activities, which could take anywhere from seven to 12 hours, according to Mattel. 

The LCD screen can be moved up and down the side of the tube, showing how the “Meeba” grows as game progresses.

Once all activities are completed, the tube pops open, and the user can pull out their ”Meeba” — in a sign meant to signify that the user’s wish has finally been granted.

If the user buys another Meeba, maybe Mattel’s wish will get granted as well.

 The company has 60 such “Meebas” listed under categories such as friendship, love and intelligence.

The bonus? Some tubes have twin Meebas.

Watch out girls! (And make a wish, Mattel.)

(Photo: Mattel)

March 14th, 2008

Check Out Line: More for the Man’s Wardrobe

Posted by: Karen Jacobs

dkny.jpgCheck out new offerings for men from DKNY.

Fashion House Donna Karan International reached a licensing deal with Liz Claiborne to create a new line of men’s sportswear for the United States and Canada.

The collection, to include knits, trousers, blazers and coats, will be targeted to the “better” segment, with articles priced from $59.50 to $595. It will be available in department stores in fall of this year.

The move will help the fashion house named for Karan (pictured) reach a wider audience as other designers such as Vera Wang have partnered with retailers on clothing lines.

Also in the basket:

Nike finds problems at China factories

AnnTaylor reports quarterly loss

(Photo: Reuters)