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
Stable condition. This is latest Senseless Act Of Violence coming as big apple and nation prepare to honor wilbert mora, who died in an ambush a week and a half ago. You are watching Fox And Friends First on wednesday morning, im todd piro. Ashley im Ashley Strohmier in for carley shimkus. Eric adams speaking out on the latest attack rocking his city. They put that Bullet Proof Vest on and go back in the street, with all the frustration, they go back to do their job. It is time for lawmakers to do their jobs. Ashley Marianne Rafferty has more. Marianne in new york, offduty nypd officer was shot and hospitalized in queens and two suspects taken into custody. The same day hundreds turned out for a final salute to wilbert mora. They are devastated and angry, there are no consequences for people carrying illegal guns, same people they are arresting are walking the street and all too often using the guns against them n. Virginia, two Campus Police officers gunned down after shelter in place
Stable condition. This is latest Senseless Act Of Violence coming as big apple and nation prepare to honor wilbert mora, who died in an ambush a week and a half ago. You are watching Fox And Friends First on wednesday morning, im todd piro. Ashley im Ashley Strohmier in for carley shimkus. Eric adams speaking out on the latest attack rocking his city. They put that Bullet Proof Vest on and go back in the street, with all the frustration, they go back to do their job. It is time for lawmakers to do their jobs. Ashley Marianne Rafferty has more. Marianne in new york, offduty nypd officer was shot and hospitalized in queens and two suspects taken into custody. The same day hundreds turned out for a final salute to wilbert mora. They are devastated and angry, there are no consequences for people carrying illegal guns, same people they are arresting are walking the street and all too often using the guns against them n. Virginia, two Campus Police officers gunned down after shelter in place