Mattel launch of a film division, Mattel Films, that will make movies based on the company’s toy brands. Robbie Brenner was appointed to head the divison, with the title "executive producer" and will report directly to the CEO. The revived division's first two projects are expect to be Barbie and Masters of the Universe films. Mattel Mattel, Inc. () is an American multinational toy manufacturing company founded in 1945 with headquarters in El Segundo, California. The products and brands it produces include Fisher-Price, Barbie, Monster High, Ever After High, Polly Pocket, Hot Wheels and Matchbox, Masters of the Universe, American Girl,
Pedder Building after 17 years, the flagship Shanghai Tang store closed down, with rising rents cited as the main reason. The landlord was asking for a monthly rental of HK$7 million. US clothing retailer Abercrombie & Fitch reportedly took over the lease for an even higher monthly rent. However in November 2016 the fashion retailer announced its decision to close down their flagship Hong Kong store, citing strategic review. To continue its presence in Central, Shanghai Tang set up several project units, namely "Shanghai Tang Loft" on the sixth floor of the Pedder Building, from 23 October to 20 February 2012. Located