The world’s largest rodent is having a big moment.
The capybara — a semi-aquatic South American relative of the guinea pig — is the latest in a long line of “it” animals to get star treatment during the holiday shopping season.
Shoppers can find capybara slippers, purses, robes and bath bombs. There are cuddly plush capybaras and stretchy or squishy ones. Tiny capybaras wander across bedding, T-shirts, phone cases, mugs, key chains and almost any other type of traditional gift item.
Photo: Palm Beach Zoo via AFP
Last year, it was the axolotl that took pride of place on many products, and the endangered amphibian remains popular. Owls, hedgehogs, foxes and sloths also had recent turns in the spotlight.
Trendy animals and animal-like creatures are not a new retail phenomenon; think the talking Teddy Ruxpin toys of the 1980s or Furby and Beanie Babies a decade later. However, industry experts say social media is amplifying which animals are hot — or not.
“It’s really the launch on TikTok, Instagram and other social media platforms that allow these characters or animals to blow up like crazy,” said Richard Derr, who has owned a Learning Express Toys franchise in Lake Zurich, Illinois, for nearly 30 years and is also a regional manager for the specialty toy store chain.
Social media is also speeding up the cycle.
Must-have animals might only last a season before something new captures customers’ imaginations.
“It’s really important to keep feeding that beast,” said Juli Lennett, a vice president and toy industry advisor at market research firm Circana. “If you are an influencer, you’re not going to talk about last year’s stuff.”
Skyrocketing plush toy sales — fueled by a need for comfort during the pandemic — are also increasing the demand for new and interesting varieties, Lennett said.
In the first nine months of this year, sales of plush animals were up 115 percent from the same period in 2019, she said. Overall toy sales rose 38 percent in that time.
Consumers are seeking out increasingly exotic species that they see in online videos, games and movies. Highland cows, red pandas and axolotls, a type of salamander native to Mexico, have all popped up in popular culture.
Searches for axolotls shot up in June 2021 after Minecraft added them to its game, Google Trends showed.
“Nobody knew what an axolotl was in 2020,” Derr said. “Now, everybody knows axolotls.”
Vermont Teddy Bear Company product designer Cassandra Clayton said rising sales to adults are also fueling the demand for unique — and collectible — plush toys.
“Stuffed animals are really becoming an ageless item,” she said. “Especially with the boom of self-care in adults and turning towards comfort objects to help de-stress and relax in your life.”
Clayton said she expects demand for unusual stuffed animals to continue to grow. Among the oddest she has seen: a stuffed version of a water bear, a type of microorganism also known as a moss piglet or a tardigrade.
“It doesn’t necessarily inspire you to cuddle with them, but you’re really seeing the industry start turning towards those characters,” she said. “I think that’s the next trend.”
Figuring out the next “it” animal — or microorganism — is a challenge for toymakers.
“You never know exactly when they’re going to hit and how big they’re going to be,” said Sharon Price John, the president and CEO of Build-A-Bear Workshop, a chain of nearly 500 stores that offers an expanding menagerie of animals and characters for customers to customize, including capybaras and axolotls.
The St Louis-based company watches social media and gets ideas from talking to store employees and patrons, John said.
It usually takes Build-A-Bear up to a year to introduce a new stuffed toy, but the company can move faster if it spots a trend, she said, adding that it sometimes tests a small batch online to make sure a trend is sticking.
Annual trade shows in Asia, Germany and elsewhere are another place to spot new trends.
Punirunes — digital, interactive pets that also come in plush varieties — are big in Japan right now and would likely take off in the US, toy store owner Derr said.
“Here, I can’t give them away. They’re too new. But give it a year or two,” he said.
Companies can kick off their own trends too. Build-A-Bear’s Spring Green Frog, introduced in 2020, was an immediate hit thanks to videos posted by customers.
It remains popular, with nearly 2 million sold, John said.
John said she suspects people are drawn to friendly, slow-moving capybaras, because watching videos of them are so relaxing. However, shoppers who want one need to act fast. A Build-A-Bear holiday capybara with red and green sprinkles on its fur — dubbed a “cookiebara” — has already sold out, she said.
KEEPING UP: The acquisition of a cleanroom in Taiwan would enable Micron to increase production in a market where demand continues to outpace supply, a Micron official said Micron Technology Inc has signed a letter of intent to buy a fabrication site in Taiwan from Powerchip Semiconductor Manufacturing Corp (力積電) for US$1.8 billion to expand its production of memory chips. Micron would take control of the P5 site in Miaoli County’s Tongluo Township (銅鑼) and plans to ramp up DRAM production in phases after the transaction closes in the second quarter, the company said in a statement on Saturday. The acquisition includes an existing 12 inch fab cleanroom of 27,871m2 and would further position Micron to address growing global demand for memory solutions, the company said. Micron expects the transaction to
Vincent Wei led fellow Singaporean farmers around an empty Malaysian plot, laying out plans for a greenhouse and rows of leafy vegetables. What he pitched was not just space for crops, but a lifeline for growers struggling to make ends meet in a city-state with high prices and little vacant land. The future agriculture hub is part of a joint special economic zone launched last year by the two neighbors, expected to cost US$123 million and produce 10,000 tonnes of fresh produce annually. It is attracting Singaporean farmers with promises of cheaper land, labor and energy just over the border.
US actor Matthew McConaughey has filed recordings of his image and voice with US patent authorities to protect them from unauthorized usage by artificial intelligence (AI) platforms, a representative said earlier this week. Several video clips and audio recordings were registered by the commercial arm of the Just Keep Livin’ Foundation, a non-profit created by the Oscar-winning actor and his wife, Camila, according to the US Patent and Trademark Office database. Many artists are increasingly concerned about the uncontrolled use of their image via generative AI since the rollout of ChatGPT and other AI-powered tools. Several US states have adopted
A proposed billionaires’ tax in California has ignited a political uproar in Silicon Valley, with tech titans threatening to leave the state while California Governor Gavin Newsom of the Democratic Party maneuvers to defeat a levy that he fears would lead to an exodus of wealth. A technology mecca, California has more billionaires than any other US state — a few hundred, by some estimates. About half its personal income tax revenue, a financial backbone in the nearly US$350 billion budget, comes from the top 1 percent of earners. A large healthcare union is attempting to place a proposal before