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Business

M&A & Legal

Mattel Creations appoints ProjectFirst and Little Dot Studios to manage its AVOD platforms and grow channel subscribers for its brands in Russia and France, respectively.

Spin Master sues Chinese manufacturer, Dongguan Moral Region Co. Ltd., for an alleged patent infringement against its Hatchimals toy.

MCM Comic Con owner, MCM Central, takes a major stake in children’s consumer show, Kidtropolis.

Walmart‘s Jet.com acquires online women’s fashion retailer ModCloth for approximately $50–75 million. ModCloth continues to operate as a standalone retailer and brand.

PVH Corp. buys True&Co., a direct-to-consumer intimate apparel ecommerce retailer. True&Co uses a proprietary fit quiz to recommend bras and other intimates.

Amer Sports Corp. acquires Armada, an American ski brand with annual net sales of $10 million, for approximately $4.1 million.

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