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Page added on March 16, 2005

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Mattel CEO: Oil Rise Takes Toll on Barbie

Rising oil prices will be a top concern for No. 1 toy maker Mattel Inc in 2005, affecting everything from the price of plastic in Barbie dolls and packaging to the cost of trucking merchandise to the store, Chief Executive Bob Eckert said on Tuesday.

“If oil continues to be where it’s at today, we’re going to face a problem with resin and transportation costs,” Eckert said during a presentation at the Banc of America consumer conference.
Yahoo News



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