Workers sew teddy bears together at the Steiff stuffed toy factory on November 23, 2012 in Giengen an der Brenz, Germany. Founded by seamstress Margarethe Steiff in 1880, Steiff has been making stuffed teddy bears since the early 20th century ever since her nephew Richard Steiff exhibited the first commercially produced teddy bear in Europe in 1903. Teddy bears are among the most popular childrenÕs toys and the company is hoping for a strong Christmas season.