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Where It All Started Teddy Bear History > Where it all started... The history of what we know today as the Teddy Bear begins in Germany, in late October 1902, where Richard Steiff, a toy designer working for the family firm in Giengen, in search of ideas for new toys and went to see a touring American circus. Among the performing animals he saw there was a troupe of bears.
Developed apparently simultaneously by toymakers Morris Michtom in the U.S. and Richard Steiff in Germany in the early years of the 20th century, and named after President Theodore Teddy Roosevelt, the teddy bear became an iconic children's toy, celebrated in story, song, and film.