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
Since israel sealed off since hamas attack on civilians. Despite todays aid, the situation is desire for roughly 2 million in gaza. Im Chris Livesay in egypt. Aid can trickle in, but refugees cant trickle out. Also tonight, breaking news. A Dual American Israeli Fighting for israel killed in combat. Well have the details. And looming Ground Offensive. Israeli Officials Say preparation for the next stage of the war has been approved, starting with increased air strikes. Plus, bound for home. God bless you guys. What President Biden told the American Mother and daughter held hostage by hamas as their illinois neighborhood prepared for their return. Today is a most celebratory day. And later, tickets to history. An auction for front row seats that changed america forever. You paided nearly 250,000 and you would have went higher . I would have went higher. This is the cbs weekend news from washington. Good evening tonight. Gaza on the brink of an invasion. Two weeks after a deadly Surprise
The preschool pay-TV channel will add Warner Bros Discovery shows like ‘Thomas and Friends,’ ‘Bugs Bunny Builders,’ and ‘Batwheels,’ to existing lineup that includes ‘Tom & Jerry,’ ‘Mr. Bean,’ ‘Masha and the Bear,’ and ‘Thomas and Friends: All Engines Go.’