Barbie Barbie Barbie is a fashion doll manufactured by the American toy company Mattel, Inc. and launched in March 1959. American businesswoman Ruth Handler is credited with the creation of the doll using a German doll called Bild Lilli as her inspiration. Barbie is the figurehead of a brand of Mattel dolls and accessories, including other family members and collectible dolls. Barbie has been an important part of the toy fashion doll market for over fifty years, and has been the subject of numerous controversies and lawsuits, often involving parodies of the doll and her lifestyle. Mattel has sold over a
Ideal Toy Company president by 1971. In 1951, Ideal partnered with competitors the American Character Doll Company and the Alexander Doll Company to establish the United States-Israeli Toy and Plastic Corporation, designed to produce material for toys in Israel and the U.S. Ideal CEO Abraham Katz was named president of the new company. In 1968, the American Character Doll Company filed for bankruptcy, and Ideal acquired the defunct company's dyes, patents, and trademarks, as well as specific products like the "Tressy" Gro-Hair doll. In late 1971, Ideal joined the New York Stock Exchange; valued at $71 million, it was one of the U.S.'s