Mattel's new chief declares industry in good shape

Bryan Stockston tells CNBC about his plans for Mattel on a global scale

Mattel's new chief, Bryan Stockston was interviewed by CNBC about this plans for the company on a global scale in 2012 and beyond.

The interview, which can be viewed by clicking on the link below, focused mainly on how toy trade is weathering this economic storm.

Stockston boosted the industry by saying:"The toy industry is a resilient to recession." He continues:"Families are going to make sure there are toys under the tree for their kids while mum and dad may have to do some sacrificing, so the industry has actually  grown under the economic crisis. So we're pretty confident that the world is going to have yet another good toy season."

Let's hope he's right!

Click on link to view the interview in full: http://video.cnbc.com/gallery/?video=3000060537

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