Is the toy industry suffering?
The toy industry has been suffering lately with sales slumping even during the prior holiday season. It even missed an industrywide predicted demand increase of 6.5% by 1.5%, which is a considerable margin. However, Hasbro, the number two toy company, has stunned the stock market with a revenue increase of 11.2% and its Disney dolls taking the market by storm. What do you think about Hasbro? Does it offer promise to the declining toy industry? And why do you think toy sales have been down for the past couple of months?