Why Mattel Had a Terrible Holiday Season

Mattel's (MAT) - Get Report sales were down 7% in North America during Christmas. The global picture was even worse. Sales were down 10%. Worldwide Barbie sales were down 2%. 

After Hasbro (HAS) - Get Report won the manufacturing rights for Disney (DIS) - Get Report Princess from Mattel last year, the rival company has dominated toy sales over Mattel.

This article was written by a staff member of TheStreet.