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Presents to Arrive in Time for the Holidays, but May Be More Expensive
Hasbro and Mattel report stronger retail orders after supply chain delays and tariff impacts, with Port of Long Beach cargo volume up 11%, supporting holiday season optimism.
- On Oct. 21, Mattel CEO Ynon Kreiz said orders accelerated since the beginning of last month as retailers restock to meet expected holiday demand.
- Cause-first: Tariffs and trade uncertainty squeezed costs, prompting retailers to delay orders and destock, with Hasbro relocating operations closer to the U.S. and Hasbro planning 30% of its revenue in the U.S. by next year.
- Company executives cited Hasbro's $20 million Q3 tariff impact and $60 million full-year exposure, while Mattel expects under $100 million in tariff costs and Hasbro notes sales momentum over eight weeks.
- Impact-first: Price pressure is expected even as logistics smooth for holiday deliveries, with port officials saying shoppers may face higher prices as intermediaries absorb fewer tariff costs.
- Context-first: Strong port throughput and a fresh trade agreement shape next‑year risks and offsets as the U.S. and China reached a tariff consensus and the Port of Long Beach surpassed 10 million TEUs in fiscal 2025.
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36 Articles
The Baltimore Sun+34 Reposted by 34 other sources
Presents to arrive in time for the holidays, but may be more expensive
By Queenie Wong, Los Angeles Times LOS ANGELES — Consumers don’t have to worry about products arriving in time for the holidays, though they may be facing higher prices, say officials at one of America’s largest ports. Imports at the Port of Long Beach are flowing smoothly through its facilities despite the government shutdown and tariff uncertainties, port executives said. Still, they acknowledge that the volume and prices of products in the mi…
·Baltimore, United States
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Total News Sources36
Leaning Left2Leaning Right4Center26Last UpdatedBias Distribution81% Center
Bias Distribution
- 81% of the sources are Center
81% Center
C 81%
13%
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