Global branded entertainment leader Hasbro announced a 15 percent reduction in its workforce as well as the exit of its chief operating officer while projecting weaker revenues for the fourth quarter. In October 2022, Rhode Island-headquartered Hasbro announced that it would deliver $250–300 million in annualized run-rate cost savings by the end of 2025. In…

With global shipping logistics resembling a harried crow’s nest these days, toy manufacturers with domestic operations are happily producing and delivering goods, tangle free. Moreover, many are expanding their facilities and increasing levels of production. Meanwhile, toy companies with overseas production arrangements battle delays and rising costs, which may impact the number of foreign-made gifts…