The price of toys, games and handicraft increased during the pandemic.
Office for National Statistics of UK says that during March- April, the price of games, consoles, toys, handicrafts, dolls, construction and ride-on toys has increased.
Due to the epidemic, the inflation rate in UK falls to the lowest level in April since August 2016. CPI falls to 0.8% from 1.5% in March. Entertainment and cultural products contributed most to the inflation rate in April 2020, partially offsetting the increase in inflation between March and April.
Kevin Mayer, former Head of Streaming of Disney, becomes CEO of TikTok
Kevin Mayer becomes CEO of TikTok, as well as COO of ByteDance, the parent company of the APP.
Mayer’s role involved overseeing Disney’s streaming strategy, including the launch of Disney+ last fall, which has already grown to more than 50 million subscribers.
Mattel is Expanding its "Thank You Heroes" Collection
Mattel announces to Expands Thank You Heroes Collection With New Collectible Products From Matchbox®, Mega Construx® and UNO® acknowledging healthcare workers in the frontline to fight with coronavirus and heroes keeping communities up and running.
The new expanded products will be sold on the platform “Play it forward” and launch new products to communities. All net revenues of Thank You Heroes Collection will be donated to First Responders First. The new products are available for pre-order before May 31st.