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
Morning for all of these lawmakers. Bring us up to speed on whats going on now and what it means for americans who need help in the pandemic. Reporter i thought when i woke up this morning i thought it would be over and its still going on. Voterama is still going on. Marathon session to try to pass amendments for budget reconciliation. First step that needs to happen so that they can pascoe individual 19 relief without any support. Now the senate doesnt do this very often. It shows how important it is. There was one amendment that all senators agreed on except for rand paul. Targeted stimulus checks for the next round of covid19 relief. This comes as 10 senators were clear with biden they want to continue this dialogue. They want to continue talking about covid19 relief. They have concerns about his 1. 9 trillion package. They want something smaller. They want something more targeted. They sent a letter to him hoping to continue that conversation, but janet yellen has been clear, she s
Publically of deciding what it wants to be. Who its leaders are and what it wants to stand for. The house moved to remove Marjorie Taylor green from both of the committees she served in. The education and Budget Committee. Despite near unanimous opposition from her party. Vote was 230199, it came amid mounting outrage among the crazy Conspiracy Theories she has spoken. 11 represent are cans moved over the aisle to remove her. Which sends her in to a legislative exile. Green apologized for none of out. They expressed regret for her comments and said she quote stumbled in to qanon after doubting media reports. The problem is i was allowed to believe thing thes that were not true. You see, School Shootings were true. And 9 11 happened. You i never said the things that im being accused of today during my campaign. I never have said any of the things since being elected to congress. Shall we stay divided like this . Will we allow the media that is just as guilty as qanon of presenting truth