U.S. CPSC Says Fisher-Price Recalls More Than 2 Million Snuga Infant Swings Due To Suffocation Hazard After 5 Deaths Reported
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Fisher-Price has recalled over 2 million Snuga Infant Swings due to a suffocation hazard, following reports of 5 deaths. The U.S. Consumer Product Safety Commission (CPSC) announced the recall, highlighting significant safety concerns.
October 10, 2024 | 3:21 pm
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Fisher-Price, a subsidiary of Mattel (MAT), has recalled over 2 million Snuga Infant Swings due to suffocation risks, following 5 reported deaths. This recall could impact Mattel's brand reputation and financial performance.
The recall of over 2 million Snuga Infant Swings by Fisher-Price, a Mattel subsidiary, due to suffocation hazards and reported deaths, is likely to negatively impact Mattel's stock. The recall raises significant safety concerns, potentially affecting consumer trust and leading to financial repercussions.
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