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
Greg: i know. I know the ark i know ark. I know i have it working out. It s fried that you know what that means. Let s all come tonight to guess. He looks like the guy who stole your underwear in fifth grade. Comedienne jim norton. [applause] the only thing that can stop him is a very powerful magnet. Johnny joey jones. [cheering and applause] greg: soon she ll have a baby shower and hopefully a nice hot bath here with new times best seller kat timpf. Greg: and a good ear tire was his right. Comedienne a former. . . Tyrus. Greg: i need to take a break. Before we got to some form or new stories get to this. Greg so leftovers. Greg: these of the leftovers were read the jokes that we did not use this week as always is my first time reading them. So they socked, will skin joe and roam around in maple syrup. Look how white i am. Compared to my makeup. Even white a long time boss. Greg: this week the tsa had to remind us of that peanut butter is a liquid. And also that joe biden it can fly c
Its time. No voice is part of the 77 percent. He told you this is where it was 77 percent this weekend on d w. What goes up must come down a bit. Coins value plummets out there, reaching back or times earlier in the week. Digital currencies have followed. Suit will often at 1st whats going on. Also coming up a reading has increased during the punjab make but online competition on luck, a foot full of less independent stores struggling to balance the books for weeks the blocked and front is preparing to rio, but not essential songs are 1st on the list just in time for the holiday season. This is the dumping business. Im k. Ferguson, thanks for joining me. Digital currencies are on. A rapid descent after reaching record highs over the past few days. The value of bitcoin topped 13 percent on thursday. This after gaining about 50 percent in value over the past 3 months. Other Digital Currencies followed the downward trend. So whats behind the wild fling fate of the of the offing reports .