The teddy bear is soft toy in form of a bear. Developed apparently simultaneously by toymakers Morris Michtom in the US and Richard Steiff in Germany in the early years of the 20th century, and named after President Teddy Roosevelt after one of his great hunting trips. The teddy bear became an iconic children’s toy, celebrated in story, song and film. Since the creation of the first teddy bears which sought to imitate the form of real bear cubs, “teddies” have greatly varied in form, style and material, older one straw stuffed. The older and rarer “teddies” appearing at public auctions. Teddy bears are among the most popular gifts for children and are often given to adults to signify love, congratulations or sympathy.