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Quote from: Barnacle_lady on February 08, 2024, 05:56:38 AMBack in the days Paradise Estate was also very pricy new in box.wasn't paradise estate only 50$-60$?
Back in the days Paradise Estate was also very pricy new in box.
Taste is subjective, and nostalgia often causes bias. I do wonder whether there will be many people who will feel a similar amount of nostalgia for this set once they become adults.
Hasbro's financial statements have been released. Needless to say it's bad: Q4 operating loss of $1.2 billion (in comparison: Mattel reported net sales of $1.6 billion for Q4).While they go over some brands that performed well - like Transformers, Monopoly, Magic, Furby - there isn't a single word about MLP.Overall, they're coming off a year of losses and seem to remain focused on "monetizing Hasbro IP in an asset-light structure", meaning less product creation by Hasbro itself and more focused on monetizing their brands through third parties (merch, I assume?)."We're exiting 2023 with our retail inventory down around 20%. While we think Hasbro's retail inventory is in a healthy position, across the industry a lot of older discounted inventory still remains in the market." Basically this means their stuff is collecting dust on the shelves and stores' warehouses.Whatever money MLP brings in, it must be peanuts.
Hasbro is a toy company- Why aren't they making toys?!
Quote from: cowboyopossum on February 15, 2024, 05:47:50 AMHasbro is a toy company- Why aren't they making toys?!They do make toys. Everything is going up though, and that means their prices are going up,and in this economy people have less $ for fun things. Given the fact that MLP has so little variety to offer little girls, it's like the snake that eats its own tail. Just a self perpetuating cycle. Wouldn't surprise me if they start axing brands that aren't doing well to put more money into their brands that do sell well. Such is business. MLP may possibly end up with JatH and Fairytale Birds.
Quote from: Leave a Whisper on February 15, 2024, 08:23:32 AMQuote from: cowboyopossum on February 15, 2024, 05:47:50 AMHasbro is a toy company- Why aren't they making toys?!They do make toys. Everything is going up though, and that means their prices are going up,and in this economy people have less $ for fun things. Given the fact that MLP has so little variety to offer little girls, it's like the snake that eats its own tail. Just a self perpetuating cycle. Wouldn't surprise me if they start axing brands that aren't doing well to put more money into their brands that do sell well. Such is business. MLP may possibly end up with JatH and Fairytale Birds.Yes, that is exactly what their new approach is. From the CEO:"[...]Hasbro's strategy to refocus on play behind a philosophy of Fewer, Bigger, Better."