Sex Toys Becoming More Popular, Thanks To Shows Like "Broad City" and "Grace and Frankie"
Once considered taboo, sex toys are now becoming a mainstay in pop culture. Shows like "Broad City," and films like "Fifty Shades Of Grey," have increased cultural awareness and acceptance of sex toys. Now the adult toy industry is cashing in.
Zoe Henry, Reporter at Inc. Magazine, explains why the sex toy sales are growing at a rapid rate. In 2015, the adult toy industry surpassed $20 billion. That rate is expected to rise at about 8% each year through 2020.
Overstock.com CEO Jonathan Johnson joined Cheddar News after a bankruptcy court approved its purchase of Bed Bath & Beyond's digital and IP assets. Johnson looked ahead to what consumers can expect as those assets are absorbed into Overstock.com and what lies ahead overall.
