‘We stopped looking into the future’: Mattel boss on how the toy maker reinvented Barbie

Richard Dickson

Dickson: “We created brand content money can’t buy”

Iconic US toy brand Mattel – manufacturer of the Barbie doll – went back to its roots as a creations company to re-engage children with short attention spans and their ambitious parents.

Mattel president and COO Richard Dickson told delegates at the Adobe Summit in Las Vegas that the 70-year-old toy manufacturer was forced into action after a revolution in children’s play saw it competing with media and technology companies. Viewed through the prism of child development, the brand’s product suite became outdated.

He said: “At some point we stopped looking into the future. The toy had become global intellectual property. You have to have play with purpose.”

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