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
while x is located some 2000 miles away. plus israeli prime minister benjamin is in gaza with troops today battling the fight is far from over. israel ramps up the strikes against hamas. donald trump is asking a court to grant him absolute immunity. the case is legal team is making to get the interference charges thrown out.i m kate baldwin with sarah s nightmare. john is off today. this is a very christmas cnn news central. this morning big news out of russia.opposition leader and chief hooton critic alexa has been found after disappearing for two weeks. the head of the anticorruption foundation says diwali is now in a colony in the pafar reache of western siberia thousands of miles from the jail he was known to be. he was movmoved from the detent center in moscow serving a 19 year sentence. where following the developments. we are getting more information from the team regarding his current location but as he mentioned this is a moment of relief for supporters and legal
you are live in the cnn newsroom, i m jim acosta in washington. we begin this hour with donald trump arguing that lobbying owe election officials to overturn the 2020 election was within his official responsibilities as president. that argument was part of a brief filed last night in which attorneys for the former president asked an appeals court to dismiss his criminal election subversion case, one day after the supreme court refused to decide for now whether he is protected from prosecution. in the filing trump s attorneys argue that, quote, president trump has absolute immunity, the judicial branch cannot sit in judgment over a president s official acts. the legal wrangling could push a verdict into the heat of the 2024 campaign or even after the election if trump is elected he will try to pardon himself. politico argues trump s legal argument seems to be as much about prevailing in the appeals court as a bid to slow down the case against him. let s discuss that and mo