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
The sun coming up 6 00 a. M. Its wednesday, august 28th. And we have a lot to get to this morning. Including special counsel jack smith trying to salvage the federal Election Interference case against donald trump. Filing a formal indictment against the former president. Were going to bring you excellent analysis in just a moment. Meanwhile, donald trump now says that he will debate Vice President Kamala Harris in two weeks, but the Harris Campaign still needs to be resolved. And well have more details about that the operation that rescued an israeli man who was held hostage by hamas for more than 300 days. That comes as israel launches a broad operation in the west bank with raids and air strikes in that territory. Im Jonathan Lemire along with u. S. Special correspondent for bbc news katty kay in this morning for joe, mika and willie. Well be joined by Symone Sanderstownsend, and mike barnicle, and nbc news capitol hill correspondent, you just saw her on way too early, ali vitali. Lo
Lee free text now im bill weir on the California Coast and this is cnn trump needs to debate. Harris needs to debate. They both have something the proof the American People deserve the opportunity to hear from both candidates on the issue. Im not spending a lot of time on. I think my whole life. Ive been preparing for a debate where the four lucky ones that get to go on this right in the not too distant future. He means were going to finally reach another planet in our own. We are all really confident that, you know, some iteration of it is going to be worn by Somebody Walking on mars someday. And that just makes it even more of a privilege to be part of it hes been called the Mark Zuckerberg of russia, Tech Billionaire pavel durov. Now in custody in france in a statement, the company said, during froth has nothing to hide live from london, this is cnn newsroom with max foster and Christina Macfarlane hello, a warm welcome to our viewers. In the u. S. All around the world. Im max foste