Reported 4 months ago
In an interview at the Goldman Sachs Communicopia and Technology Conference, Hasbro CEO Chris Cocks discussed the company's shifting focus towards older consumers, who now account for 60% of sales. He emphasized three key themes: the universality of play, the importance of digital engagement, and strategic partnerships with brands like Disney. The gaming segment has seen significant growth, with a focus on diverse business models to mitigate risks. Cocks is optimistic about Hasbro's performance heading into the 2024 holiday season, despite recent inventory challenges.
Source: YAHOO