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A teddy bear is a stuffed toy in the form of a bear.Developed apparently simultaneously by toymakers Morris Michtom in the U.S. and Richard Steiff under his aunt Margarete Steiff's company in Germany in the early 20th century, the teddy bear, named after President Theodore Roosevelt, became a popular children's toy and has been celebrated in story, song, and film.
Steiff was founded in 1880 by Margarete Steiff, a seamstress. [2] [3] She began making fabric elephants that were sold in her shop as pincushions.[3] [4] [5] However, children began playing with them, and in the years following she went on to design many other animal-themed toys for children, such as monkeys, donkeys, horses, camels, pigs, mice, dogs, cats, rabbits, and giraffes.
The company handcrafts each of its teddy bears and produces almost 500,000 teddy bears each year. The company was formerly traded on the NASDAQ stock exchange under the ticker symbol BEAR, but was taken private by The Mustang Group, a Boston -based private equity firm , on September 30, 2005, partially to avoid the reporting requirements of the ...
Original Ideal logo, 1938. Morris and Rose Michtom founded the "Ideal Novelty and Toy Company" in Brooklyn when they invented the Teddy bear in 1903. [3] [4] [5] Rose had made the original "Teddy's Bear" for their children. Morris and Rose sent a bear to President "Teddy" Roosevelt, as well as asking permission to use his name for the bear.
Morris Michtom (September 12, 1869 – July 21, 1938) [1] [2] was a Russian-born businessman and inventor who, with his wife Rose, also a Russian Jewish immigrant who lived in Brooklyn, came up with the idea for the teddy bear in 1902 [3] around the same time as Richard Steiff in Germany.
Build-A-Bear Workshop, Inc. is an American retailer headquartered in St. Louis, Missouri that sells teddy bears, stuffed animals, and characters.During store visits, customers go through an interactive process where the stuffed animal of their choice is assembled and tailored to their own preferences including varying scents, sounds, looks, and outfits. [4]
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