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
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
For a while yet if in the future at all, pointing to an unstable global Food Supply Pressurised by the war in ukraine. Now the price of food in the uk rose by nearly 17. 5 in the year tojune, which was actually a fall from a high of just over 19 in the year to march, following an overall drop in the wholesale price of food which you can see here peaking when russia invaded ukraine last year. It has been trending downwards. But prices are still much higher than before the war and have started creeping up again. Lets discuss this with Kona Haque Head of reserach at commodities house ed and f man holdings. Good to have you on the programme. Do you agree with the Chief Economist at the Bank Of England that actually high food prices are here to stay . I think at least for the sure term we still have got some pressures that will keep prices elevated. The factors globally, the stocks, global stocks of the stocks, global stocks of the grains, the staples such as grains and oils, and sugar, the
Immediately. We will continue to explore absolutely everything. New york city tries to care for more than 57,000 migrants. More than 50 people were bused temporary housing in park. Pools into housing. Severe storms being blamed for at least two deaths in the southeastern united states. More than a million homes and businesses have lost power. Possibly tornadic activity across the south. There is danger here. Wires down, trees in the middle of the road. American Airlines Pilot sending a message to anyone who might think about acting out on a flight. Dont be on our people. Dont be asleep on other people or drool on them. We all get forgiven try our best the water. Where the sand and water meet, and the white water is when the waves come down and cause these bubletion. A lot of people look for steamer clams. Steve white water was a scandal during the clinton years. Ainsley different white water. Steve im not so sure about that. Thats down the jersey shore, folks on this tuesday. Make sure
Tuesday. All 50 states is Super Tuesday. Nikki haleys last hurrah or is there a plan b if she drops out of the race and by the end of the day that rematch that seven out of ten americans say they dont want, it could be on the next steps for joe biden and donald trump all right. 06 00 a. M. Here in washington, this is a live look at raleigh, North Carolina polls are opening there in just half an hour. One of the states were watching most closely today for clues about what we could learn ahead of the general election and good morning to you. Im kasie hunt. Its wonderful to have you with us Super Tuesday has arrived. Donald trump again hoping to pull off a 15 states sweep over nikki haley with more than a third of all the delegates at stake. If that happens, the former president would have more than 90 of the delegates needed to clinch the republican nomination. That of course sets up the rematch that most americans say they dont want trump versus biden on Super Tuesday eve, the former pr