📰 News Alert...

🔖 Title: Hasbro Warns of Possible Recession-Like Impact from Tariffs on Toy Spending

🗓️ Published: 2025-04-25T01:01:41+03:00

📄 Summary: In a recent earnings call, Hasbro CEO Christian Cocks warned that ongoing tariffs could significantly dampen consumer spending on toys, likening their potential impact to the Great Recession of 2008-2009. With tariffs on imports from China reaching as high as 145% and a general environment of rising costs, Hasbro anticipates a decline in sales similar to past downturns. Despite current consumer spending trends remaining strong, the threat of price increases and diminished confidence could lead to a challenging market for the toy giant.

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https://www.businessinsider.com/hasbro-ceo-tariffs-could-hit-toy-industry-like-2008-recession-2025-4

🗞️ Source:

💓 #ToyIndustry #ConsumerSpending #Tariffs