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Take Your Teddy Bear to Work Day

BY Fast Company CalendarSun Oct 11, 2009 at 3:31 PM

teddy bear at workSince the holiday falls on a Sunday this year, just show him some love -- it's a bear market for teddy bears. Plush-toy revenues are down 17% this year, according to market-research firm NPD Group. Build-A-Bear posted a $6.8 million loss in the first half, a 525% decline in profit from the same period in 2008, and sales at the Vermont Teddy Bear Co. have halved since 2005. Asked for comment, Winnie the Pooh, a Hundred Acre Wood -- based toy analyst, stuck his head into an empty honey jar and mumbled, "Oh, bother." -- DM

 

sun, october 11
Hibernate
Take Your Teddy Bear to Work Day

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Topics:

Innovation, Technology, Leadership, Design, Magazine, FC Calendar, build-a-bear, vermont teddy bear co., Winnie the Pooh, The NPD Group Inc., Build-A-Bear Workshop Inc., The Vermont Teddy Bear Co. Inc., Annie Mole


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