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Transcripts For BBCNEWS Talking Business 20240901

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 ....

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Transcripts For BBCNEWS Talking Business 20240901

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 ....

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Transcripts For BBCNEWS Talking Business 20240901

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 ....

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Transcripts For BBCNEWS BBC News 20240829

Of bulldozers but details are scarce. Two days ago, the Palestinian Authority said five people were killed by an israeli Air Strike on a Refugee Camp near tulkarm. Violence in the West Bank has surged since the war in gaza began. With me is Mohamed Taha from bbc arabic. Hejoins me now, here in the studio. Good morning. Studio. Good morning. Good morning studio. Good morning. Good morning. Just studio. Good morning. Good morning. Just update studio. Good morning. Good morning. Just update us,. Morning. Just update us, please. Morning. Just update us, please. On morning. Just update us, please, on what morning. Just update us, please, on what is morning. Just update us, please, on what is going| morning. Just update us ....

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Transcripts For BBCNEWS Business Today 20240829

Impossible, do you think . Well, it all depends impossible, do you think . Well, it all depends on impossible, do you think . Well, it all depends on What impossible, do you think . Well, it all depends on What starmer i it all depends on What starmer means by resetting relations. I think there is a lot of room for resetting What has been quite acrimonious relations since brexit but that doesnt really mean going all the way to of course rejoining the eu or even single market. I mean the Customs Union could perhaps be the trophy, and even that i think has been denied by starmer, so we have room that the room is limited, and i think that is What hes going to pursue in germany. Lets not forget that germa ....

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