Mattel to Recall More Chinese-Made Toys

NEW YORK -- Less than two weeks after Mattel Inc. (MAT) (MAT) recalled 1.5 million Chinese-made toys because of lead paint, the toy industry is bracing for another blow that could give parents more reason to rethink their purchases just before the critical holiday shopping season. Mattel is set to announce the recall of another toy involving a different Chinese supplier as early as Tuesday, according to three people close to the matter who spoke on condition of anonymity because of the sensitivity of the situation. Full story...

Posted by Editor at August 14, 2007 03:37 AM