Hasbro To Reduce Toy Production In China And Move To India And Vietnam
After a successful 2nd Quarter in 2019, Hasbro CEO Brian Goldner spoke to CNBC to further clarify a statement made during their financial call. Due to the recent Trade War between United States and China, Hasbro has decided to reduce its toy production in China and keep it under 50% by 2020. The company currently produce 20% of its products in US while 67% comes from China. “We’re increasingly spreading our footprint and adding new geographies for production globally,” Hasbro CEO Brian Goldner said during an earnings call Tuesday. “That includes new production in India and Vietnam.” You can » Continue Reading.
Re: Hasbro To Reduce Toy Production In China And Move To India And Vietnam
Wont mean diddly for us we still wont see distribution improve or quantity of product in this country...just more crowd funding a billion dollar company.....
Re: Hasbro To Reduce Toy Production In China And Move To India And Vietnam
Quote:
Originally Posted by justprime
Wont mean diddly for us we still wont see distribution improve or quantity of product in this country...just more crowd funding a billion dollar company.....
Agreed, many of us just ask for better distribution.
We have the money and are willing to spend it, they just have to make the product available.