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Tag: Toys

Hasbro shares drop 15% as tariffs boost costs, earnings fall short

Shares of Hasbro dropped more than 15% on Tuesday after the toymaker fell short of Wall Street estimates for quarterly profit, as the threat of tariffs on toys imported from China increased shipping and warehousing costs and caused cancellations of direct import orders. The threat and implementation of tariffs in the third quarter impacted Hasbro’s …

Hasbro shares drop 15% as tariffs boost costs, earnings fall shortRead More

Waitrose to stop selling plastic toys in Christmas crackers from 2020 | Environment

John Lewis and Waitrose are to stop selling Christmas crackers containing plastic toys and puzzles as part of a drive to reduce single-use plastics – but not until 2020. The retailers will announce on Monday that they would switch next year to crackers filled with toys and other items made from recyclable materials such as …

Waitrose to stop selling plastic toys in Christmas crackers from 2020 | EnvironmentRead More