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BBCNEWS Talking Business September 1, 2024

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, bigname 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, inc ....

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BBCNEWS Talking Business September 1, 2024

Brands barbie, fisherprice 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 billiondollar 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, bigname com ....

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BBCNEWS Talking Business September 1, 2024

Give the toy industry a muchneeded boost? this time, it s not about spending on toys for children, but adults socalled kidults. An emerging generation of over18s 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 buildabear, 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, ho ....

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BBCNEWS BBC News September 1, 2024

Baby abdulrahman was crawling early, but now his mum worries he ll never be able to walk. He was the first child found to have polio in gaza in 25 years, and it paralysed his leg because of the war he wasn t vaccinated and now medical care is limited. He want to live and be treated. He wants to live and walk like other children. I feel a lot of guilt that he didn t get the vaccination, but i couldn t give it to him because of our circumstances. Displaced five times, the baby s family now lives in a crowded tent camp in deir albalah in central gaza. Raw sewage flows through streets nearby. Conditions are ideal for diseases to spread, especially polio, which is highly infectious. Since discovering the virus, un agencies have been racing to set up an eme ....

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BBCNEWS Business Today August 29, 2024

Several weeks ago. They acknowledged there were issues with production, saying that it was making changes to the number of functioning chips that come out of factories. At the same time, the company expects to bring in several billion dollars of revenue in the fourth quarter from the product. Nvidia shares have fallen by around 7 in after hours trading in new york. Industry Expert Bob Odonnell explained the Market Reaction and what lies ahead for the company. I think when it comes to this brand and its particular earnings, all rationality has gone out the window. There is no normal metric being used or that can be used for this. There is so much attention from individual investors and from people doing options and futures, and everything you can imagine is being thrown at this. And so how it unscrambles all that is bound to get messy. Some people are saying, well, the growth was hig ....

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