lego bricks here to stay
Last Updated : GMT 09:03:51
Almaghrib Today, almaghrib today
Almaghrib Today, almaghrib today
Last Updated : GMT 09:03:51
Almaghrib Today, almaghrib today

CEO Joergen Knudstorp:

Lego bricks here to stay

Almaghrib Today, almaghrib today

Almaghrib Today, almaghrib today Lego bricks here to stay

CEO Joergen Vig Knudstorp
London - Arab Today

Generations of children worldwide have grown up loving Lego and the popularity of tablets and video games will not change that, the company's chief executive told AFP in an interview.
Joergen Vig Knudstorp said he believed that the plastic, multi-coloured bricks -- whose name is an abbreviation of the Danish words "leg godt", meaning "play well" -- would be around for "centuries".
The company hit trouble a decade ago but is now the world's biggest maker of toys by sales, more than quadrupling its revenues in 10 years.
Far from threatening Lego's popularity, Knudstorp said the digital era offered great opportunities for the company to build its customer base even further.
"We are one of the most popular video games, we also have reached more and more customers on social media -- Lego fans are gathering like never before," he said.
"In the past, children watched TV and then played with Lego. Now they play on tablets and play with Lego.
"The reason why they do it is that many children, and adults as well, want a real, physical experience. Even though we like to watch football or play it on a PlayStation, it's still not the same as running on the field kicking the ball."
He was speaking as Lego, whose headquarters are in Billund, Denmark, opened a fifth "main office" in London on Friday as the company seeks global growth.
One key target is Asia. As well as offices in Shanghai and Singapore, the company started building a new factory in China's Jianxing, south of Shanghai, earlier this year to build Lego products for sale in Asia.
- 'Please don't die' -
Such an international presence is a far cry from the company's origins.
The company was founded in 1932 by Ole Kirk Kristiansen, the grandfather of the current owner, in a small workshop in Billund, and took the name Lego two years later.
It started out making products like wooden ducks, while the iconic plastic brick in its present form dates back to 1958.
Lego became a major international brand from the 1960s and Legoland in Billund, now one of Denmark's biggest tourist attractions, was opened in 1968.
But the group hit trouble in 2004, announcing major losses. Knudstrop was appointed that year and recalls receiving "letters from customers saying 'please don't die'".
He said that, at that stage, the company had "spread ourselves over too many areas" and was poorly run.
To turn the business around, he focused on cutting manufacturing costs, releasing the right products in tighter timeframes and "reigniting the product innovation, really working with children to make products they find more appealing".
Now the focus is on international expansion, hence the opening of the London office.
The opening coincides with the Brick 2014 fan event being held at London's giant ExCeL exhibition centre from Thursday to Sunday, featuring Lego sets, characters and construction zones.
For Knudstrop, despite the changes which he has brought and those in the digital world, the Lego brick is at the centre of what the company is about -- and will remain so for years to come.
"I think the brick will stay with us for centuries because it is fundamental like football or reading a great book, telling stories," he said.
"It's something that will be around forever."
Source: AFP

almaghribtoday
almaghribtoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

lego bricks here to stay lego bricks here to stay

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

lego bricks here to stay lego bricks here to stay

 



Almaghrib Today, almaghrib today Skincare PR Performance Full Year 2017

GMT 09:22 2018 Monday ,22 January

Skincare PR Performance Full Year 2017
Almaghrib Today, almaghrib today New hunt for flight MH370 gets under way

GMT 11:03 2018 Wednesday ,24 January

New hunt for flight MH370 gets under way
Almaghrib Today, almaghrib today Modern colorful bedroom renovation

GMT 10:57 2017 Thursday ,21 December

Modern colorful bedroom renovation
Almaghrib Today, almaghrib today Puigdemont candidate for Catalan president

GMT 13:56 2018 Tuesday ,23 January

Puigdemont candidate for Catalan president
Almaghrib Today, almaghrib today Turkey detains dozens more

GMT 10:47 2018 Wednesday ,24 January

Turkey detains dozens more

GMT 21:46 2015 Thursday ,01 October

King Abdullah II back to Amman from New York

GMT 12:16 2017 Thursday ,30 November

Russia loses contact with satellite after launch

GMT 15:07 2011 Thursday ,15 September

Danish retailer launches solid gold phone

GMT 13:01 2014 Wednesday ,13 August

Former UN chief criticises HRW Rabaa report

GMT 05:12 2016 Monday ,19 December

More heritage shows at Al Dhafra Festival expected

GMT 18:23 2015 Saturday ,09 May

Sisi meets world leaders in Moscow

GMT 14:39 2012 Wednesday ,07 March

LG Optimus L3 to arrive in Europe this month

GMT 14:16 2012 Monday ,26 November

Ramada Ajman completes Dhs10m hotel

GMT 12:06 2012 Thursday ,08 March

Spied: 2013 Mercedes-Benz S-Class
Almaghrib Today, almaghrib today
 
 Almaghrib Today Facebook,almaghrib today facebook  Almaghrib Today Twitter,almaghrib today twitter Almaghrib Today Rss,almaghrib today rss  Almaghrib Today Youtube,almaghrib today youtube  Almaghrib Today Youtube,almaghrib today youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

.almaghribtoday .almaghribtoday .almaghribtoday .almaghribtoday
almaghribtoday almaghribtoday almaghribtoday
almaghribtoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
almaghribtoday, Almaghribtoday, Almaghribtoday