Tech Insider : Economy, Economy, Business

Mattel made Barbie a $1 billion-a-year brand and one of the most iconic toys in history. Now Mattel's crown jewel is facing challenges. After years of dominance, boosted by the blockbuster Barbie movie and a wave of nostalgia, sales are sliding.

Tech Insider : Business, Economy, Style
Fairy figurines and  Barbies
Ester Torres has given her daughter some of her old Tinker Bell toys and bought some 2000s Barbie dolls.
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a highland cow plush toy
The highland cow, the next trendy animal for toys.
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Squares showing various Barbie dolls through the years.
SYDNEY, AUSTRALIA - MAY 18: This combination photo shows the he toy doll Barbie in her various incarnations at Leuralla NSW toy and railway museum, as the iconic doll approaches her 50th birthhday May 18, 2007 in Sydney, Australia. First launched at the New York Toy Show in 1959, Barbie has now become the largest selling toy ever produced.
Tech Insider : Business
Ryan Gosling as Ken and Margot Robbie as Barbie in
Ryan Gosling and Margot Robbie as Ken and Barbie in "Barbie."
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barbie toys for sale
Adults are increasingly buying toys, fueled by nostalgia and releases like last year's Barbie movie.
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Mattel Wicked fashion dolls
Mattel fashion dolls appear to be temporarily unavailable as the toy manufacturer corrects a packaging error.
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The pink Barbie phone laid out next to its box, a charging cable, stickers, replaceable phone covers, and a beaded lanyard.
The new Barbie phone with no access to social media has already been launched in the UK and will be available soon in the US.