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Transcripts For BBCNEWS Talking Business 20240901

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

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Transcripts For BBCNEWS BBC News 20240901

The city on a regular basis such as storm shadows and other missiles, to hit deep inside russia and the ukrainian partners say that if they allow them to do so, it will only escalate the war. However, the ukrainian authorities say that these weapons will be used only to hit military targets such as airfields from where russian bombers take off and attack ukrainian cities. On friday, ukraine s president zelensky fired the head of the ukrainian air force, mykola 0leshchuk, days after an f 16fighterjet after an f 16fighterjet crashed, killing its pilot. Crashed, killing its pilot. The f 16 was recently the f 16 was recently sent by nato allies. Sent by nato allies. It crashed while repelling it crashed while repelling a barrage of russian a barrage of russian missiles over ukraine. Missiles over ukraine. Meanwhile, moscow is withdrawing 100 paramilitary meanwhile, moscow is withdrawing 100 paramilitary troops from the west african troops from the west african country of burkina faso count

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Transcripts For BBCNEWS Talking Business 20240901

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

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Transcripts For BBCNEWS BBC News 20240901

With him, two other men who tried to escape. Killed in an air strike as they ran. Israel says all were involved in shooting and bombing attacks. The eastern areas of janine and its refugee camp have both been sealed off for the past three days and there are fresh reports of casualties including an 82 year old man who paramedics said was shot nine times. This morning the army pulled out of the camp. The destruction of their comment enough to remind residents of the war. They say the army lead wires from her home to blow up two of the houses opposite. Families she has known for decades. Translation: i have a 10yearold triplets and they trapped us in the room. Then they started the explosions. Five explosions. Imagine the walls shaking and your children clinging to you. It feels like we are in gaza. We met this lady. Translation: they told us we have channels and we smuggle people. The water drill dug into the floor and all he found was a sewage drain. Later she shows us the broken floor.

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Transcripts For BBCNEWS Talking Business 20240901

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

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