The
passion was over for Barbie and Ken. Now it seems America's love
affair with the plastic doll may also be coming to an end.
US sales of Barbie fell 15% in the first quarter, despite a February
stunt which saw her "breaking
up" with her suitor of 43 years,
Ken.
That combined with other problems to see overall profits at the
Barbie maker Mattel slump by 73%.
Barbie is feeling the heat from rival brands such as feisty
"Bratz" dolls.
Her bad performance domestically in the first three months of
the year followed even worse figures in the last quarter of 2003,
when sales fell by 25%.
Global sales of the doll have also continued to fall off, dropping
6% in the first quarter following a 5% drop in the one before.
Barbie's career has spanned hundreds of jobs, and her makers
have striven valiantly to keep up
with the latest trends.
Barbie now uses computers and sends text messages on her mobile
phone. A Barbie-branded range of designer clothes for girls, and
a branded perfume, are also in the pipeline.
But Mattel's attempts to keep pace with modern life have not
always gone down well with customers.
One letter to the New York Times following Barbie's split from
long-time partner Ken complained that "the breakup... discourages
- even insults - permanence and commitment".
Meanwhile, Barbie has some hip new
rivals on the scene.
MGA Entertainment's Bratz dolls come in a range of different
ethnicities, and boast fashions described
as "totally dangerous, totally ferocious
and totally funkadelic".
They have won two Toy Industry Association Toy of the Year awards
- and figures suggest rising sales are eating directly into sales
of Barbie.
But analysts say with thought and investment Barbie could still
have a future ahead.
(Agencies)