They made 2 figures and 2 alone, based on the new She-ra and Catra, and they were 5poa garbage like a modern Star Wars figure. They looked like shit and weren't even made by Mattel, but instead Super7, since Mattel wasn't going to make any figures for the new show. They then charged a retarded amount for the two figures, and that was it, no more.
Mattel on the other hand has been showing off high articulated dolls using the same body, but cast in different colors and with different heads and cloth clothing, which they said they'd produce if fans wanted them. They've already produced a few, with a new version of She-Ra at this year's Power-Con, which will be based off her look from her vintage figure's outfit rather than the cartoon.