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You can never have too many friends!
Hello Kitty was created in 1974 and the first item, a vinyl coin purse, was introduced in 1975. Originally, Hello Kitty was only marketed towards pre-teenage girls, but beginning in the 1990s, the brand found commercial success among teenage and adult consumers as well. Hello Kitty's popularity also grew with the emergence of Kawaii (cute) culture.The brand went into decline in Japan after the 1990s, but continued to grow in the international market. By 2010 the character was worth $5 billion a year and called her a "global marketing phenomenon". She did about $8 billion at retail in 2013. |