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
Rob roth joins us from city hall. The mayor calls Mohammed Nuru a close personal friend. Reporter thats right. With rumors swirling around city hall, the mayor did acknowledge that she once had a romantic relationship with Mohammed Nuru. She said the romance ended many years ago, the controversy surrounding it has not. San francisco mayor, says she wants to set the record straight in a News Conference and on an online post to reveal that she and disgraced former public works director, Mohammed Nuru, dated about 20 years ago. May not have even been a year. After we were no longer dating, we were still very close. Reporter that relationship was an open secret around city hall. The mayor wanted to put to rest any rumors that the relationship was more recent. I decided to go forward with this because there were a number of rumors. Also, i wanted to make sure that people heard about our relationship. Reporter they may be facing a problem more serious than who she dated. She acknowledged a 5
Heroes and russian claims as targeting civilians. A warm welcome youre watching r. T. International with me in the. Early stages 5 people have been injured in a series of blasts at a Russian Military bone factory a state of emergency has been declared in the area surrounding the plant in the city and surgeons People Living near the site have been posting videos online. At least 200 residential buildings were damaged by the blasts shock waves along with dozens of schools and kindergartens residents describe scenes of must panic. But the loss of my balcony was blown away and its the same for all that all the flags everything is not stop people ran out on the street they couldnt understand what was happening. And when you see if you have never seen anything like that the windows were shattered and that column of smoke was terrifying it looked like it was to kilometers high heels all the windows are smashed from the top floor down when i leave. I heard the massive ben the windows were knoc