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
Hello from the bbc sport centre. Olly stone will replace mark wood in the only change to englands 11 for the second test against sri lanka at lords. England have begun their preparation, after a five wicket win at old trafford last week. Stone was in the squad for that one but comes in to start forjust his fourth test cap, following woods withdrawal due to an injury and hes hopeful he can make an impact. This year especially i have just tried not to look too far ahead, enjoying my cricket and go out there, whether it was from Nottinghamshire Or Club Cricket or whatever, i said Nottinghamshire Or Club Cricket or whatever, isaid I Nottinghamshire Or Club Cricket or whatever, i said i would go out there and enjoy it. I love playing there and enjoy it. I love playing the game and i knew if i had gone out there and put those performances together, then this cult might come and thankfully it has and i am going to go out there and enjoy every moment and play with a smile on my face. Heather k
Where israel says, its forces have rescued a hostage in the Southern Gaza strip. An Israeli Government spokesman said qaid Farhan Al Kadi a bedoin arab was recovered, during a complex rescue operation. These are the latest pictures of the 52 year old being transferred to a hospital for further checks. His condition has been described as stable. The live pictures from the hospital where the various family and friends have gathered because these details in the last little while and there will be a tremendous relief and joy for that particular family as the anguish goes on for the other 108 hostages still being held. These are live pictures of this 52 year old freed after serving many days in captivity. We are learning all the while about just the captivity. We are learning all the while aboutjust the details of that risky operation. These the pictures, a hugely relieved and delighted Hostage Release in the last few minutes, as we continue to watch this picture. Jon donnison from jerusal