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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 ....
their celebrations, that s for sure. also celebrating today, is kate cross. she s been named in england s squad for the ashes test with australia after recovering from illness. the pace bowler needed multiple rounds of antibiotics to treat a parasite infection, but has been included in a is player squad for the four day test at trent bridge starting on 22nd june. she said on social media, it s always so special . the test is followed by three t20s and three one day internationals. full details of the squad are on the bbc sport website and app. it s a huge day for women s sport in england. last year was the baroness this morning euros. this summer at the ashes. the winners of the ashes in particular, for us, i think is much as we can we would encourage people to get out. and watch what we are hoping will be some really entertaining cricket. meanwhile, the men s ashes starts in four days time and australia got the perfect warm up by beating india on sunday to become wor ....
we begin in france, where unions will be staging strike action today against the government s pension reform plans. the government is aiming to raise the retirement age from 62 to 64 years. today marks the sixth day of strikes and protests since mid january, and unions say it will be the biggest yet with workers across a range of sectors expected to mobilise. teachers, gas and electricity workers, train drivers, and industrial workers are all expected to join. part of the french government plan is also to raise the minimum pension to 1,200 euro a month, which is over 550 euro higher than the current minimum figure. but unions want more due to rising inflation. let s go live to paris now and talk to tomasz michalski associate professor of economics at the hec business school in paris. we spoke about these injanuary but they are still continuing into march. but they are still continuing into march. , , . , , into march. the public support is there for into march. the ....