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 sixty 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 billion Barbie dolls, making it the company's largest and most profitable line. However, sales have declined sharply since 2014. The doll has transformed the toy business in affluent communities worldwide by becoming a vehicle for the sale of related merchandise (accessories, clothes, friends of Barbie, etc.). She has a significant impact on social values by conveying characteristics of female independence, and with her multitude of accessories, an idealized upscale life-style that can be shared with affluent friends. Starting in 1987, Barbie has expanded into a media franchise, including animated films, television specials, video games and music.
In 2020, Mattel sold $1.35 billion worth of Barbie dolls and acessories and this was their best sales growth in two decades This is an increase from the $950 million the brand sold during 2017.