What was changed
Monster High, Mattel's fashion-doll line about the children of famous monsters, launched in 2010 and was shelved around 2018 as sales faded. In May 2022 Mattel brought it back to retail with a collector-first strategy after its insights team saw strong demand brewing in online-exclusive sales.
The relaunch hit immediately. Mattel said Monster High was the No. 1 relaunch property within the dolls category in Q4 2022, and in Q2 2023 worldwide doll gross billings rose 10% year over year with Monster High, Disney Princess and Disney Frozen driving growth while Barbie declined.
The revival leaned on nostalgia plus new product and content: Mattel relaunched the dolls at retail in May 2022, generated resale demand with limited drops, and by 2023 executives were citing Monster High as a growth driver in the doll business.
What it achieved
Monster High was the No. 1 relaunch property in Mattel's dolls category in Q4 2022, and worldwide doll billings rose 10% in Q2 2023 with Monster High among the drivers.
Why it worked
Collector demand showed the brand still had fans before relaunch.
New dolls plus fresh media rebuilt the ecosystem.
Q4 2022's No. 1 relaunch ranking proved retail momentum.
Doll billings rose 10% in Q2 2023 partly on Monster High.
What can be applied
A resting brand can relaunch on nostalgia plus fresh content: Mattel brought Monster High back with new dolls and media for grown fans and new kids, and collectors sold out exclusive drops.
Aftermath
Monster High stayed a core Mattel growth brand after its 2022 relaunch: new collector and play lines followed, the animated content continued, and the revival became a case study in bringing dormant doll IP back for both adult collectors and a new generation of kids.
FOLLOW THE EVIDENCE
The sources
- Mattel targets collectors with resurrected Monster High toy line kidscreen.com
- Why Mattel Stock Tumbled This Week fool.com
- Mattel sales beat estimates with no help from Barbie businesstimes.com.sg