-
Delhi gold loses Rs 800 while silver falls Rs 5,000
-
India extends micro-credit guarantee plan for five years
-
Pradeep Antony, Smeha Manimegalai portray secret spouses in Mr & Mrs Office
-
Zelenskyy arrives in Dublin for meetings on Ukraine and peace efforts
-
Woman barred from every Greggs outlet after series of offences
-
Jury hears social-media image helped identify teen in Scarlett Faulkner case
-
Ketchup packets link suspect to break-in at Eddie Rocket’s restaurant
-
American Airlines passenger falls ill and vomits on three travellers
-
Spain's General Strike Links Housing Crisis to Lost Purchasing Power
-
China's Singles' Day Exposes Persistent Consumer Caution
-
Euro-Area Inflation Reaches 4% as Energy Prices Jump
-
China's Factory Inflation Accelerates While Consumer Demand Stays Weak
-
US Adds 165,000 Jobs as Unemployment Falls to 4.1%
-
Bank of England Raises Interest Rate to 4% as Energy Risks Intensify
-
Energy Costs Push OECD Inflation Up to 4.5%
-
OPEC Says Oil Output Is Near Prewar Levels Despite Shipping Disruptions
-
China's Trade Surplus Passes $1 Trillion as Technology Exports Surge
-
US Inflation Broadens as Fed Officials Consider Faster Rate Hikes
-
Irish police prepare for further hoax bomb threats after hundreds of schools targeted
-
Korea, Singapore and New Zealand Advance Green Trade Pact Talks
-
RBA Inflation Target Origins: Why Australia Chose a Range Over Zero
-
Ireland and Ukraine consider drone cooperation memorandum after Dublin talks
-
Sister recounts fatal machete attack as Irish murder trial continues
-
Georgia refrigeration company sues EPA after five-year HFC reprieve
-
NEET’s Merit Promise Erodes as Cost and Time Barriers Rise for Medical Aspirants
-
Lakers Defeat Bucks 123-112 Amid Injury Concerns for Dončić and Reaves
-
HoloCoder technology promises brighter smartphone images and 3D depth data
-
Audi-SAIC CEO Fred Schulze Confirms AUDI Brand Will Launch Three New Models in China
-
TuckShop Announces Cast for 'Jack and the Beanstalk' Drag Panto
-
EU proposes broad consumer safeguards for apps, subscriptions and ticketing
-
Nvidia faces scrutiny over alleged Chinese intelligence link to Jensen Huang
-
Radical Numerics develops offline AI tool to detect engineered pathogens
-
Samsung One UI 9.5 Reportedly Adds Call Recording for WhatsApp and Telegram
-
Chennai orders inquiry after dogs die at shelter; two veterinarians face action
-
Kiara Advani Reveals Sidharth Malhotra’s Reaction to Toxic Backlash
-
Startup turns Chennai’s history and culture into an interactive world
-
Four firms compete to design Chennai’s model mobility corridors
-
Chennai venue launches month-long festival devoted to full-length theatre
-
New Bay of Bengal low may form November 13 as Tamil Nadu outlook remains unclear
-
एलेक्स बोडी और SCANDIC PAY: Mastercard और VISA कार्ड — भुगतान की नई पीढ़ी
-
ALEX BODI och SCANDIC PAY: Mastercard- och VISA-kort – en ny generation betalningar
-
АЛЕКС БОДИ и SCANDIC PAY: карти Mastercard и VISA — ново поколение разплащания
-
알렉스 보디와 SCANDIC PAY: Mastercard·VISA 카드를 통한 차세대 결제
-
أليكس بودي وSCANDIC PAY: بطاقات Mastercard وVISA — جيل جديد من المدفوعات
-
ALEX BODIとSCANDIC PAY:Mastercard・VISAカードによる新世代の決済
-
ALEX BODI 與 SCANDIC PAY:Mastercard 與 VISA 卡——新一代支付方式
-
ALEX BODI a SCANDIC PAY: karty Mastercard a VISA – nová generace plateb
-
ΑΛΕΞ ΜΠΟΝΤΙ και SCANDIC PAY: κάρτες Mastercard και VISA — μια νέα γενιά πληρωμών
-
ALEX BODI i SCANDIC PAY: karty Mastercard i VISA — nowa generacja płatności
-
АЛЕКС БОДІ та SCANDIC PAY: картки Mastercard і VISA — нове покоління платежів
Crisis-hit Playmobil eyes a Swift boost as it turns 50
As Playmobil turns 50, the German company behind the popular plastic figures is hoping that pop megastar Taylor Swift can help it shake off a slump in fortunes.
Playmobil has in recent years lost ground to rivals, in particular Lego, the world's number one toymaker whose sales are 10 times greater than those of its German competitor.
The Danish company has been way ahead in the licensing business, boasting Star Wars, Harry Potter and a more recent addition -- Barbie -- in its portfolio.
Over at Playmobil, the picture is distinctly less glamourous. Its greatest ever success is a 7.5 cm (3-inch) figure of German Protestant firebrand Martin Luther, 1.3 million of which have been sold.
Things are about to change, Playmobil hopes. Boss Bahri Kurter said contacts have been made with people close to Swift -- one of pop music's most dominant forces -- and creative work has started.
"We will see how that develops," he told AFP, adding that a figure of the US star "would be a huge dream".
Kurter admitted that Playmobil "started late" in the licensing business.
- Turbulent times -
But this is far from the only reason the maker of plastic figures -- whose headquarters are in Zirndorf, rural Bavaria -- has been through a period of turbulence.
Rising energy prices and inflation exacted a heavy toll, as well as lingering supply chain woes in the wake of the coronavirus pandemic.
A cost-cutting drive is underway, with about 700 jobs worldwide -- almost 20 percent of the workforce -- to be axed. Half of the jobs to go are in Germany, as sales fall.
Playmobil's parent company, the Geobra Brandstaetter Group, had to scramble to reorganise after the death of its founder, Horst Brandstaetter, in 2015.
The changes caused tensions with unions, who accused the new management of "trampling" the group's heritage.
Against this challenging backdrop, Kurter took charge of Playmobil in April last year.
The company traces its roots back to 1908, and in its early years manufactured products like toy telephones and money boxes.
The 1973 energy crisis hit the company hard as the price of oil, and plastic, soared.
Designer Hans Beck was ordered to come up with a new product that used less pricey plastic, and the result was Playmobil.
Three models were initially launched -- a Native American, a knight and a worker -- and proved a hit.
Numerous new characters and accessories have since been introduced, although the company traditionally sought to keep the toys simple, giving youngsters the chance to use their imaginations.
In half a century, more than 3.9 billion figures have been sold worldwide although they are less common in children's bedrooms than they used to be.
- 'Enormous competition' -
"The toy market is subject to enormous competition," particularly nowadays from games on computers or tablets, said Harald Lange, a specialist in educational games at the University of Wuerzburg.
The impact is clear at Playmobil, which has lost a third of its sales among four- to eight-year-olds in the past eight years, according to Kurter.
As well as tie-ups with popular figures like Swift, the company is targeting nostalgic adults and so-called "kidults" -- grown-ups who still enjoy playing with toys.
Playmobil is increasing its range of celebrities, and sportsmen and -women to appeal to an older generation.
One such fan is Peter Bischofer, a 57-year-old who became an avid Playmobil collector in his 40s.
Playmobil brings back "childhood memories", and evokes an era when toys "weren't as elaborate", he told AFP.
At his home in Merching, in southern Bavaria, he has collected hundreds of Playmobil models, with a preference for vintage ones.
Playmobil prides itself on manufacturing its products in Europe -- Germany, Spain, the Czech Republic and Malta.
It is also seeking to burnish its sustainability credentials at a time companies face mounting pressure to show they are green.
"The toddler range is moving to 90 percent plant-based raw materials," said Kurter. "That's a start."
G.Teles--PC