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
With making change . Also, the debate over kink at pride. Some say these events need to be more familyfriendly, others say pride has to welcome absolutely everyone. The chairman of San Franciscos leathermens Discussion Group joins us live. And lgbtq history goes back a lot further than you might think. Our producer brings us the latest research on people like Alexander The Great and william shakespeare. From nbc news in washington, im Joshua Johnson, welcome to the week. This week brought some big developments in the fight over Voting Rights. Yesterday, the doj announced that it is suing the State Of Georgia over restrictive new voting laws passed there. This as the biden administrations first major move against numerous republicansupported laws. Critics say theyre designed to make it harder to vote. The lawsuit comes just days after democrats in congress failed to advance the for the people act. Attorney general Merrick Garland called on congress to do more. Our complaint alleges that
With making change . Also, the debate over kink at pride. Some say these events need to be more familyfriendly, others say pride has to welcome absolutely everyone. The chairman of San Franciscos leathermens Discussion Group joins us live. And lgbtq history goes back a lot further than you might think. Our producer brings us the latest research on people like Alexander The Great and william shakespeare. From nbc news in washington, im Joshua Johnson, welcome to the week. This week brought some big developments in the fight over Voting Rights. Yesterday, the doj announced that it is suing the State Of Georgia over restrictive new voting laws passed there. This as the biden administrations first major move against numerous republicansupported laws. Critics say theyre designed to make it harder to vote. The lawsuit comes just days after democrats in congress failed to advance the for the people act. Attorney general Merrick Garland called on congress to do more. Our complaint alleges that