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
Republican Senate Leadership roy blunt and newly elected congresswoman Nicole Malliotakis and nancy mace coming up. The country is crying out for healing. As President Elect biden fills his cabinet. Who will have chrome of the senate to potentially confirm them . Ill speak to georgia democrat candidate jon oshoff ahead. Hello. Im dane ma bash in for jake tapper in washington. The state of our union is preparing for the worst. Americans finish an unusual thanksgiving weekend, the nation is heading into what is expected to be a devastating month for the pandemic. Already 4 million new u. S. Covid cases and more than 34,000 deaths this month alone. We havent even begun to see the effect of thanksgiving travel, dinners, or black friday shopping. One Infectious Disease expert is now warning that the postholiday case surge will be destabilizing for the u. S. Health care system and the economy and Homeland Security with some projects of deaths will double double before vaccines are able to be
Its going to be a very hard thing to concede. What will be left of the Republican Party when he is gone . Ill speak to a member of the Republican Senate leadership roy blunt and newly elected congresswoman Nicole Malliotakis and nancy mace coming up. Plus, power play. Democrats and republicans face off in the last election of 2020. The country is crying out for healing. As President Elect biden fills his cabinet, who will have control of the senate to potentially confirm them . Ill speak to georgia democrat candidate jon oshoff ahead. Hello. Im dana bash in for jake tapper in washington. As americans finish an unusual thanksgiving weekend, the nation is heading into what is expected to be a devastating month for the pandemic. Already 4 million new u. S. Covid cases and more than 34,000 deaths this month alone. We havent even begun to see the effect of thanksgiving travel, dinners, or black friday shopping. One Infectious Disease expert is now warning that the postholiday case surge wil