Toy Fair 2019: Brexit fears hit retail but UK toy marketplace stands firm

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Brexit is still taking its toll on retail, the NPD has stated as it revealed that toy sales had dropped seven per cent for the year compared to the 12 months prior.

The Group confronted the matter that high street retail has been especially tough over 2018, yet regardless of the fall in sales figures, the UK held its own as the quantity one toy market in Europe.

Frederique Tutt of The NPD Group told London toy Fair attendees at a press briefing this week that even though sales had seen a drop of seven per cent on the year prior, the UK toy market place nevertheless brought in an impressive £3.3 billion.

Highlights inside the marketplace incorporate collectables that grew 32 per cent with one particular in each and every 4 toys bought being a collectable figure, squishy or MGA Surprise.

“Brexit is still taking its toll on retail and the current mood on the high street,” mentioned Tutt. “But if you look to France and the US, political uncertainty is also getting an effect.

“Toy specialists have done an amazing job at adapting, soaking up a big portion of `[Toys R Us’] enterprise, and offer shoppers much better toy purchasing experiences.”

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