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08-28-2019, 11:30 PM
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#1
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Location: Cybertron, Ontario
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Hasbro Planning To Raise Toy Prices And Modifying For A Cost Cut
Hasbro CEO Brian Goldner spoke to CNBC and Yahoo Finance yesterday, regarding the future of the company. Among the discussion points was the mitigation and contingency plan for the eventual US tariff increase to be imposed to toys manufactured in China. As a temporary solution Hasbro is planning to pass-on the price increase to the customer and therefore safeguading the retailers. “We’re having conversations with our retailers and of course we will pass along those costs.” The company hopes to “effectively pass on those costs” by mitigating the margin internally. But “ultimately, [they] will be borne by the » Continue Reading.
The post Hasbro Planning To Raise Toy Prices And Modifying For A Cost Cut appeared first on Transformer World 2005 - TFW2005.COM.
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08-29-2019, 12:22 AM
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#2
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Re: Hasbro Planning To Raise Toy Prices And Modifying For A Cost Cut
The only TFs still made in China are: the G1 WM re-releases, some Tiny Turbo changers (non-Cyberverse) and some BotBots. Unless I missed something, no reason for a TF price jump.
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08-29-2019, 12:25 AM
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#3
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Location: Edmonton, Alberta
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Re: Hasbro Planning To Raise Toy Prices And Modifying For A Cost Cut
If prices go any higher, then screw them. 3rd party all the way.
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08-29-2019, 12:44 AM
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#4
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Re: Hasbro Planning To Raise Toy Prices And Modifying For A Cost Cut
If this raises our prices here in Canada I'm gonna be pretty mad at the obvious price gouging since we aren't taking part in this trade war and haven't levelled any tariffs.
Edit: we haven't levelled tariffs against China. There was a flurry of tariffs between us here and the US during the whole NAFTA replacement drama. I'll admit though that I haven't been keeping totally up to date on all the US-China trade war drama, so if someone more informed wants to correct me in any of this I'd appreciate it
Last edited by Delta-Raven; 08-29-2019 at 12:47 AM.
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08-29-2019, 02:15 AM
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#5
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Re: Hasbro Planning To Raise Toy Prices And Modifying For A Cost Cut
Prices are already prohibitively high... $30 for a Deluxe? Get out of here with that.
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08-29-2019, 02:28 AM
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#6
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Re: Hasbro Planning To Raise Toy Prices And Modifying For A Cost Cut
As if mass produced pieces of plastic werent enough. Ill happily take my money to 3rd parties and get a much higher quality product for a similar price.
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08-29-2019, 03:30 AM
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#7
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Re: Hasbro Planning To Raise Toy Prices And Modifying For A Cost Cut
But we still gonna buy dont kid yourself....lm not.
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08-29-2019, 04:30 AM
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#8
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Re: Hasbro Planning To Raise Toy Prices And Modifying For A Cost Cut
Since most Hasbro Transformers are made in Vietnam now and most, if not all, 3rd party figures are made in China still, what are the odds of 3rd party figure costs going up?
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08-29-2019, 07:16 AM
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#9
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Location: GrandValley Ont
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Re: Hasbro Planning To Raise Toy Prices And Modifying For A Cost Cut
Any excuse ....they should fix there lousy distrabution and qc issues before pulling this shit tired of paying there high prices plus do to no stock ,short stock ,and buying outside of the country for stuff that should be on shelves in quantity here. Rant ends
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08-29-2019, 07:39 AM
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#10
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Re: Hasbro Planning To Raise Toy Prices And Modifying For A Cost Cut
Third party products, esp the top tier ones, are also creeping up. Don’t kid yourselves.
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