A combined company valued at over one billion dollars has been formed by a merger of the Shades of Gray, WOW Tech Group and Lovehoney, delicately called “sexual wellness brands”. Global sales of sex toys rose by 26% in 2020, a year in which Covid resulted in lockdowns in many countries. Because births in the U.S. have been declining “almost continuously for more than a decade” according to scholars at the Brookings Institution, the decline preceded and therefore is not clearly related to the rise in the sale of vibrators and other sexual wellness products.
Gleanings & Observations
Gleanings & Observations
Gleanings & Observations
A combined company valued at over one billion dollars has been formed by a merger of the Shades of Gray, WOW Tech Group and Lovehoney, delicately called “sexual wellness brands”. Global sales of sex toys rose by 26% in 2020, a year in which Covid resulted in lockdowns in many countries. Because births in the U.S. have been declining “almost continuously for more than a decade” according to scholars at the Brookings Institution, the decline preceded and therefore is not clearly related to the rise in the sale of vibrators and other sexual wellness products.