March 3, 20231 min read, 245 words
Published: March 3, 2023 | 1 min read, 245 words
Funko, the toy and collectible manufacturer best known for its Funko Pop Vinyls line, is sending at least $30 million worth of its products to a landfill. As reported by Kotaku, Funko revealed during an earnings call that it has so much idle stock sitting in warehouses that, fin...
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Very short article mentioning how Funko will trash out $30 million worth of products, while still producing new characters. I wish they mention about the strategy behind keeping such a huge inventory, creating new pieces and still not being able to store or sell. How are the finances of this company? And for funko collectors, for sure it feels weird desiring pieces that the company is deciding to dispose.