Toy maker Jellycat plans to pay owners £110m after profits double

Toy maker Jellycat plans to pay out £110m in dividends after doubling its profits in 2024 to £139m. Founded on the mission to spread joy, Jellycat's cute and viral cuddly toys have become a global sensation, driving a 66% revenue increase to £333m. With a focus on quality and responsible production, Jellycat's success has been fueled by social media popularity and adult consumers buying toys for themselves, leading to innovative pop-up experiences in cities like London, New York, and Paris.