Barbie
In 1959, Ruth Handler launched the beloved doll brand with the creation of the first Barbie. These dolls continue to be very popular even six decades later. Mattel, the parent company, reports that it sells 58 million dolls every year! This means that it sells more than 100 dolls per minute. Mattel makes a net revenue of $1.5 billion or so per year. Did you know that Barbies were never made in the United States? The first one was opened in Japan in 1959 as the country had been recovering from the Second World War. There are now four factories in the world, and they are found in China, Indonesia, and Malaysia.
Barbie
Huffy
It is pretty impressive to hear that the bicycle supply company has been around for over a century already. Founded in Dayton, Ohio, it now has a number of subsidiaries. The list includes companies such as Gen-X Sports, Royce Union, Huffy Bicycle Co., and American Sports Design Co. George Huffman founded the company and named it after his old nickname. In late 1999, it shut down two of its plants in the United States and outsourced manufacturing abroad. At the moment, it has six plants in China, one in Taiwan, and one in Mexico. Before this, the plants in the United States had been located in the town of Celina in Ohio.
Huffy
