Elliot Handler daughter, Barbara, who was the namesake of Barbie dolls; and a son, Kenneth (who died of a brain tumor in 1994) who was the namesake of Ken dolls. While a struggling art student and designer of light fixtures, Handler partnered with Harold Matson to design a realistic-looking miniature piano that received roughly 300,000 orders; however, they mispriced the product and lost a dime on each one produced. Mattel received its name from business partners Harold Matt Matson and Elliot Handler in 1945. Elliot's wife, Ruth, took Matson's role when the Handlers bought his share in the late 1940's. Ruth Handler
Performo Toy Company other toy companies and other luxury goods producers while the movie tie-in enabled Disney's nascent toys and novelties business to weather the hard times of the Great Depression. "The Simpsons" episode "The Day the Violence Died" bears a remarkable similar story line to the Grove–Disney debate. In the July 15, 1933 edition of the Middletown Press and Journal, the Performo Toy Company announced they were filing for bankruptcy. It is believed that the Great Depression forced them to padlock their doors. Performo Toy Company The Performo Toy Company was established in 1925 by Torrence Leroy Dietz, in Middletown, Dauphin County,