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Hot Wheels Drops the Ultimate Ferrari Dream Garage in 1:64th Scale

1. Mattel launched Hot Wheels models in partnership with Ferrari. 2. This is the first collaboration in over a decade.

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FAQ

Why Bullish?

The partnership with Ferrari revitalizes marketing potential and could boost sales significantly, similar to past successful collaborations with iconic brands that resulted in increased revenue and stock prices.

How important is it?

The collaboration taps into a nostalgic market and signifies renewed brand partnerships, likely attracting attention from both collectors and investors.

Why Short Term?

Initial consumer response and product sales will be visible quickly, influenced by nostalgia and brand loyalty.

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EL SEGUNDO, Calif.--(BUSINESS WIRE)--Today, Mattel, Inc. (NASDAQ: MAT) debuted the first nine Hot Wheels® products from the brand's recently announced partnership with Ferrari, the legendary luxury sports car manufacturer. For the first time in more than 10 years, Hot Wheels and Ferrari fans alike will have the opportunity to bring a little piece of automotive history home. The initial release includes a diverse mix of Ferrari models that celebrate the storied history of the brand, including ic.

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