Saturday, February 11, 2006

Mattel Gets Desperate and Gives Ken a New Life Lift

The new buzz in the Mattel industry is that sales are down by 18%. So, they looked for a way to boost sales back. Their solution was to give Ken a new look. Ofcourse, they made it sound more interesting than that. . . Ken and Barbie have been apart for so many years, and now Ken is out to win Barbie's heart. He's more buff, he has a new hair cut, and he looks for fashionably conscious. Is he a metrosexual now?

Here's the article from Reuters:

Ken gets a makeover, hopes to win back Barbie

Fri Feb 10, 7:43 AM ET

He's been to the gym, looks buff and stylish, and now Barbie's boy toy Ken wants to win back the doll he split from two years ago.

After a two-year separation, Mattel Inc. said on Thursday that Barbie's long-time suitor wants to rekindle his decades-long romance with his plastic paramour.

Mattel is hoping Ken's return to retail stores can also revitalize the company's overall fortunes. In January, the company blamed sagging Barbie sales for sagging profits.

"Ken has revamped his life -- mind, body and soul," Hollywood stylist and Mattel consultant Phillip Bloch said in a statement. "Everyone knows how difficult it is to change, especially when you've lived your life a certain way for more than four decades."

Mattel said in February 2004 that Barbie and Ken had split after 43 years because they wanted to spend some time apart.

Ken, who appears to have spent time in the gym and at the stylist, returns wearing a beach-wear ensemble complete with board shorts and white T-shirt.

For her part, Barbie publicist Lauren Dougherty said Barbie "appreciates the new look Ken is sporting. He really looks great. But we'll have to stay tuned to see whether these two will get back together."

At a press conference unveiling Ken, Bloch said the company was going for a "worldly, European thing," and "definitely wanted to be looking hot."

Mattel's fourth-quarter results January showed an 18 percent decline in Barbie's U.S. sales. The company said that in addition to "tweaking" the Barbie line this year, more dramatic changes would be made in 2007.

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