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
On the app. So it was kind of a laundry list of issues. More broadly, mike, were you surprised that this happened in france? so, this is. . . One of the fascinating aspects of this case is, you know, it s a big deal in any sort of country at this point, i believe, to really take under arrest the ceo of a major tech company, especially one used by almost a billion people, that telegram is. I think the distinction that s important here is that the arrest was made not under eu sort of broader laws, but specifically under french sort ofjurisdiction. And i also think that other tech ceos are looking at that and what that means for travel across different countries, not. . . I think durov is a different case because of how uncooperative he has been with different countries over the years but it s something to look at. Related to that, my bbc news colleague joe tidy has been reporting in the last few hours that telegram refuses to join international programmes aimed at detecting and removin
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
Been arrested close to paris and we re going to explore the implications notjust for him and for telegram, but for many of the biggest tech platforms in the world. To do that, let s begin with mike isaac, tech correspondent for the new york times, who s in san francisco. We didn t quite know a lot from the very beginning. We understood that durov was detained, and it was pretty clandestine in the beginning. Then later, the french prosecutors let out a few different reasons. According to a sort of brief statement, it was facilitating child pornography, human trafficking, drug trafficking, a sort of vague reference to encryption issues on the app. So it was kind of a laundry list of issues. More broadly, mike, were you surprised that this happened in france? so, this is. . . One of the fascinating aspects of this case is, you know, it s a big deal in any sort of country at this point, i believe, to really take under arrest the ceo of a major tech company, especially one used by almost