1309 ET - Adult collectors are becoming increasingly important to the toy industry. These shoppers, dubbed "kidults," already account for about a quarter of total toy sales, and that figure continues to grow. "We don't see that as a temporary trend or phenomenon," CEO Ynon Kreiz says at the Morgan Stanley Global Consumer and Retail Conference. "This is here to stay." Mattel stands to benefit from the shift given the heritage value of its brands, many of which have been popular across generations, such as Barbie, Hot Wheels and Uno. The company has appealed to these shoppers with its Mattel Creations brand, which specializes in collectibles, sees high demand and is growing quickly, Kreiz says. (connor.hart@wsj.com)
(END) Dow Jones Newswires
December 03, 2025 13:09 ET (18:09 GMT)
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