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 number of people at the thanksgiving table get smaller with fewer people traveling. Comedian Dave Chappelle goes to war with a Major Media Company over a popular show he says he never approved. And meet norbert the cat Tristan Flanigan is giving millions of hits early today starts right now glad youre with us. Im frances rivera. And im phillip mena. On whats normally a very busy travel day, the country is facing a pandemic and extreme weather. Dangerous thunderstorms rolling a i cross tacross the south ovet at least one Apartment Building was also ev evacuated there have been Power Outages after winds ripped down trees and power lines. Coming up, meteorologist bill karins will tell us what more we can expect from holiday storms president elect joe biden sat down with our lester holt. He revealed whats on the agenda in the first 100 days in the office. Tell us about day 1 in the white house and your first 100 days what are your priorities going to be . Some of it will depend on the
40s and 50s are current temperatures from the bay side to our inland east bay cities. Only a few 30s on the map and those are for you in the north bay with santa rosa, a chilly start at 35 and then saint helene at 39 degrees. Im talking tomorrows details of what to expect after that too all still to come. Rob sounds good. Were checking in on traffic heading back to our hot spot and richmond getting word of an accident here in the step out and well get to the sites you can see it. Its an accident involving 2 cars and a big rig, one of the cars involved in this crash flipped over 5. 80 westbound and bayview the 2 left lanes are blocked here so if you have to roll to rich for this morning do expect delays on 5 of the west passing the scene but as you continue through richmond over to the Richmond Sandra fell bridge, the rest of your trip looks pretty good. In fact, heres a live look at the toll plaza where traffic is nice and smooth 8 minutes to make it to the north bay. Once again the ov