Smart Trade Insights
  • Business
  • Economy
  • Investing
  • Politics
Top Posts
Precious Metals & Critical Minerals Hybrid Investor Conference...
Precious Metals & Critical Minerals Hybrid Investor Conference...
S&P Global: Mining Sector Sees Mixed Q1, Next...
S&P Global: Mining Sector Sees Mixed Q1, Next...
Boeing would avoid guilty plea, prosecution over 737...
Rio Silver Receives Conditional Approval for Acquisition of...
Precious Metals & Critical Minerals Hybrid Investor Conference...
Syntheia Signs Non-Binding LOI for Call Center Acquisition
Allied Critical Metals Announces Corporate Update
Top 5 Canadian Mining Stocks This Week: Foremost...
  • Business
  • Economy
  • Investing
  • Politics

Smart Trade Insights

Business

Mattel pulls thousands of ‘Wicked’ dolls off shelves after printing adult website on packaging

by admin November 14, 2024
November 14, 2024
Mattel pulls thousands of ‘Wicked’ dolls off shelves after printing adult website on packaging

Thousands of Mattel’s “Wicked”-branded fashion dolls are flying off shelves, but not because of consumer demand.

The toy company has been forced to pull its line of character dolls after a package misprint. Instead of listing the website for Universal’s “Wicked” movie, boxes featured a link to a pornographic website for a group called Wicked Pictures.

“Mattel was made aware of a misprint on the packaging of the Mattel Wicked collection dolls, primarily sold in the U.S., which intended to direct consumers to the official WickedMovie.com  landing page,” Mattel said in a statement. “We deeply regret this unfortunate error and are taking immediate action to remedy this. Parents are advised that the misprinted, incorrect website is not appropriate for children. Consumers who already have the product are advised to discard the product packaging or obscure the link and may contact Mattel Customer Service for further information.”

Target, Walmart and Amazon had removed the line of “Wicked” dolls from their online storefronts as of midday Monday, as had Best Buy, Barnes & Noble and Macy’s. The products were also being sold at Kohl’s and DSW, among other retailers. Some sites were still taking action on the listings throughout the day Monday.

It is unclear if Mattel will reprint the packages or provide retailers with stickers to cover the incorrect website domain. Mattel did not return CNBC’s request for additional comment after providing its initial statement.

“Like any business, mistakes can and do happen in the toy business,” said James Zahn, editor in chief of The Toy Book. “This was likely an innocent oversight that made it through the normal processes. Most consumers — kids and adults alike — will never read the fine print on a package, and at the end of the day, the packaging is designed to end up in the trash. The odds of a kid reading the back of a doll box and being inclined to go online and visit the website are pretty slim.”

The mishap comes as Universal floods retail shelves with “Wicked”-related product ahead of the film’s Nov. 22 release. The green-and-pink barrage is expected to bring a big boost to the retail industry just in time for the crucial holiday period.

However, Mattel could see its revenue impacted by the cost of removing the dolls.

“I suppose the impact depends on the resolution, which we don’t yet know,” said Jaime Katz, an analyst at Morningstar.

“The big winners in the short term are resellers, as this snafu sparked a flipper frenzy this weekend as retail shelves were quickly emptied by opportunists looking to make a quick buck by selling on eBay or Facebook Marketplace,” Zahn noted.

Already dozens of Mattel’s misprinted dolls are available on eBay for list prices ranging between $40 and $2,100. The dolls retailed for between $20 and $40 depending on the character and outfit.

Disclosure: Comcast is the parent company of NBCUniversal and CNBC. NBCUniversal is the distributor of “Wicked.”

This post appeared first on NBC NEWS

previous post
Trump’s tariff threats send U.S. companies scrambling for lobbyists and loopholes
next post
Shopify’s Stock Surged By 25% After Reporting Strong Revenue

You may also like

Markets are counting on the Fed to head...

August 8, 2024

Hertz says 2024 hack exposed some customers’ driver...

April 16, 2025

Soaring egg prices are threatening a classic holiday...

March 2, 2025

Ford delays new EV plant and cancels electric...

August 23, 2024

Temu halts shipping direct from China as de...

May 5, 2025

McDonald’s preparing a 2025 ‘McValue’ offering

November 22, 2024

Retiring Corvette ‘godfather’ on EVs, spinoff and a...

August 7, 2024

Amazon is stepping up to fill a gap...

May 2, 2025

Macy’s says employee hid up to $154 million...

November 26, 2024

Drone company’s stock soars after it appoints Donald...

November 29, 2024

    Fill Out & Get More Relevant News


    Stay ahead of the market and unlock exclusive trading insights & timely news. We value your privacy - your information is secure, and you can unsubscribe anytime. Gain an edge with hand-picked trading opportunities, stay informed with market-moving updates, and learn from expert tips & strategies.

    Recent Posts

    • Precious Metals & Critical Minerals Hybrid Investor Conference Agenda Announced for May 22nd

      May 18, 2025
    • Precious Metals & Critical Minerals Hybrid Investor Conference Agenda Announced for May 22nd

      May 18, 2025
    • S&P Global: Mining Sector Sees Mixed Q1, Next Calls for Copper, Battery Metals and M&A

      May 18, 2025
    • S&P Global: Mining Sector Sees Mixed Q1, Next Calls for Copper, Battery Metals and M&A

      May 18, 2025
    • Boeing would avoid guilty plea, prosecution over 737 Max crashes in possible DOJ deal

      May 18, 2025
    Promotion Image

    banner ads

    Categories

    • Business (671)
    • Economy (829)
    • Investing (2,005)
    • Politics (737)
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: smarttradeinsights.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.


    Copyright © 2025 smarttradeinsights.com | All Rights Reserved