By 2030, and that estimate is at the conservative end of the scale. But falling birth rates and some of the highest inflation rates we ve seen in decades have created challenging conditions for manufacturers and retailers, and signal more tough times to come. While the covid pandemic boosted sales of toys and games temporarily, big name companies report that sales have started to slip back once again. Let s have a look at some of those numbers. Global toy sales reached $108] billion in 2023, a 2% drop compared to 2022, with toy companies calling it a normalisation process after that exceptional growth linked to the pandemic. But across the 612 countries, including the uk, france, germany, and spain, sales declined by 7% in 2023 compared with the previous year, but they were still 17% higher when compared to 2019, before the pandemic. I caught up with the boss of build a bear, a much loved company which allows shoppers to customise their own teddies. She s also the head of the global or
Brands barbie, fisher price and moi, that is mattel to find out how his company s fortunes are being revived. Wherever you are joining around the world, once again hello and welcome to the programme. It is a billion dollar industry driven by creativity and innovation with a global reach and a diverse market. The toy industry is forecast to reach $302 billion in sales by 2030 and that estimate is at the conservative end of the scale. But falling birth rates and some of the highest inflation rates we have seen in decades have created challenging conditions for manufacturers and retailers and signal more tough times to come. While the covid pandemic boosted sales of toys and games temporarily, big name companies reported sales have started to slip back once again. Let s look at some of those numbers. Local toy sales reached $108. 7 billion in 2023, a 2% drop compared to 2022 with toy companies calling it a normalisation process after that exceptional growth linked to the pandemic. But acr
Give the toy industry a much needed boost? this time, it s not about spending on toys for children, but adults so called kidults. An emerging generation of over 18s is snapping up collectables and nostalgia brands, and they say it s good for their mental health. I m going to be discussing that and more with my guests the boss of build a bear, the stores where you can create a bespoke teddy bear, and the chief executive of the world s biggest toy company and arguably one of its most iconic brands, lego. I ll also be catching up with the president of the company behind leading toy brands barbie, hot wheels, fisher price and more that s mattel to find out how tv and movie tie ups are reviving his compa ny s fortunes. Wherever you rejoining me from around the world, once again, a big hello and a warm welcome to the programme. It s a billion dollar industry driven by creativity and innovation, with a global reach and a diverse market. The toy industry is forecast to reach $302 billi
Solomon in new york and this is cnn hello again and welcome. It s time to break down the big stories with some smart people. Today, we re asking, after all the pressure to sit for an interview, did kamala harris do enough to address her flipflops on key issue then moving to the middle will break down donald trump s flips on abortion and ivf, which many pro lifers don t seem to have a problem with and later pricing pumpkin potable how falls, favorite coffee drank is outpacing inflation. The panel here is here and ready to go. So sit back, relax and let s talk about it. Up first. Kamala harris on the campaign trail this labor day weekend after her first interview since becoming the democratic nominee. And why, while she cleared the hurdle without any major fumbles some critics say it wasn t enough i think people are ready to turn the page on that. Kamala harris billing herself as the candidate of change, and answering questions for the first time in this campaign about some of her revers
Several weeks ago. They acknowledged there were issues with production, saying that it was making changes to the number of functioning chips that come out of factories. At the same time, the company expects to bring in several billion dollars of revenue in the fourth quarter from the product. Nvidia shares have fallen by around 7 in after hours trading in new york. Industry Expert Bob Odonnell explained the Market Reaction and what lies ahead for the company. I think when it comes to this brand and its particular earnings, all rationality has gone out the window. There is no normal metric being used or that can be used for this. There is so much attention from individual investors and from people doing options and futures, and everything you can imagine is being thrown at this. And so how it unscrambles all that is bound to get messy. Some people are saying, well, the growth was higher than the forecast, but still not high enough. Even though we forecasted it here, we wanted it to be h