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
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
Wont take actions against taylor greene, the internal debate over whether to take action against liz cheney, the third highest ranking republican in the house, after her vote to impeach former president trump. Rachel scott on the hill tonight. The developing headline, meanwhile, from the pentagon tonight. The new defense secretary lloyd austin ordering whats called a servicewide standdown over concerns over extremism within the u. S. Military. What does this mean tonight . And it comes as prosecutors reveal nearly 20 suspects arrested for the deadly siege at the capitol are military veterans. Martha raddatz with late reporting tonight. The coronavirus here in the u. S. And news tonight on yet another potential vaccine and whats different about this one . Could it not only he you, does it also help Stop Transmission of the virus . What dr. Fauci is saying about that tonight. The abc news investigation this evening. The black former nfl players accusing the league of discrimination. Afte
From the Republican House leader they will not pull her from any committee assignments, so democrats will now force a vote to republicans will have to go on the record on this. And while House Republicans wont take actions against taylor greene, the internal debate on whether to take action against liz cheney, the thirdhighest ranking republican in the house, after her vote to impeach former president trump. Rachel scott on the hill tonight. The developing headline, meanwhile, from the pentagon tonight. The new defense secretary Lloyd Austin Orderinganutr concerns ofsm in the u. S. Military. What does this mean tonight . And it comes as prosecutors reveal nearly 20 suspects arrested for the Deadly S Ly Sit the capitol are military veterans. Martha rad datsdz with late reporting tonight. The coronavirus here in the u. S. And news tonight on yet another potential vaccine and whats different about this one . Could it not only help protect you, does it also help stop transmission of the vi
Good morning you were alive in the cnn newsroom. Im jim acosta in washington today, democrats are Breathing A Sigh of relief after President Bidens fiery state of the Union Address and his impassioned speech that lasted border an hour the president s son ought to diffuse concerns about his age and draw a stark contrast with the maga movement. He lambasted his republican rival more than a dozen times without ever saying his name referring to former president donald trump, simply as my predecessor, republicans in the meantime, sat on their hands. Most of the night, not even president s call to defend democracy he could elicit a unified response and he had no qualms. The president had no qualms about pointing that out history is watching just like history watch three years ago on january 6 when i surrection storm this very capitol in place, a dagger to the throat of american democracy. My predecessor and some of you here seek to bury the truth about january 6, i will not do that. This is