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BBCNEWS Talking Business September 1, 2024 - Vimarsana News

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...

BBCNEWS Talking Business September 1, 2024 - Vimarsana News

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 signa...

BBCNEWS Talking Business September 1, 2024 - Vimarsana News

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...

BBCNEWS Asia July 4, 2024 - Vimarsana News

BBCNEWS Asia July 4, 2024

The team working on the project were told the iphone giant was shifting its focus to ai. In fact, some of the people who worked on the car will be moved to apples Artificial Intelligence division thats according to bloomberg while those who cant find jobs elsewhere in the company, they face lay offs. Apple shares rose nearly 1 on the news. As one tech analyst put it, by abandoning its dream to transform the auto industry, it will increase pressure on apple to do something profound in the area of Generative Ai. Staying with tech, and people tend to associate Us Company Nvidia with chips and Art...

BBCNEWS Asias July 5, 2024 - Vimarsana News

BBCNEWS Asias July 5, 2024

Junction. The company is at a critical junction the company is at a critical junction. United states and china at the junction. United states and china at the moment junction. United states and china at the moment are i junction. United states and china at the moment are engaged in what we see a strategic competition. In the competition when two sides are competing to has to be only one when i. Foxconn wants to do business with both and they want to be with both and they want to be with both and they want to be with both winners, but they can only be one winner. find with both winners, but th...