lego bricks here to stay
Last Updated : GMT 09:40:38
Themuslimchronicle, themuslimchronicle
Themuslimchronicle, themuslimchronicle
Last Updated : GMT 09:40:38
Themuslimchronicle, themuslimchronicle

CEO Joergen Knudstorp:

Lego bricks here to stay

Themuslimchronicle, themuslimchronicle

Themuslimchronicle, themuslimchronicleLego 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

themuslimchronicle
themuslimchronicle

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

 



Themuslimchronicle, themuslimchronicle
Themuslimchronicle, themuslimchronicle
Themuslimchronicle, themuslimchronicle

GMT 06:08 2018 Wednesday ,24 January

Iranian woman skydiver looks

GMT 08:42 2018 Tuesday ,23 January

Russians challenge doping ban

GMT 09:17 2018 Monday ,22 January

Syria army says captured key military airport

GMT 06:36 2018 Wednesday ,24 January

World powers step up pressure on Syria, Russia

GMT 09:53 2018 Monday ,22 January

Hindi Diwas celebrations at Bhavans Kuwait

GMT 06:07 2018 Friday ,19 January

dreaming of Augusta in Abu Dhabi

GMT 07:38 2018 Tuesday ,16 January

US racing pioneer Gurney dies

GMT 14:12 2012 Tuesday ,24 January

The revolution needs free media

GMT 04:42 2017 Tuesday ,21 March

Support for equine industry in UAE is strong

GMT 16:06 2012 Friday ,10 February

Festival Automobile International

GMT 14:46 2017 Friday ,10 February

India's Vijay, Kohli conspire to punish Bangladesh

GMT 14:18 2016 Saturday ,01 October

McIlroy hopes eagle dance inspires Team Europe

GMT 10:08 2017 Thursday ,28 December

Extreme-left group claims Athens court bomb

GMT 11:46 2017 Tuesday ,10 October

Libya’s Darna was bombarded by unknown fighter jet

GMT 22:42 2011 Thursday ,01 December

The Neoclassical Decorating Style

GMT 23:20 2011 Monday ,28 November

Oprah Winfrey Puts Chicago Home For Rent
Themuslimchronicle, themuslimchronicle
Themuslimchronicle, themuslimchronicle
 
 Themuslimchronicle Facebook,themuslimchronicle facebook  Themuslimchronicle Twitter,themuslimchronicle twitter Themuslimchronicle Rss,themuslimchronicle rss  Themuslimchronicle Youtube,themuslimchronicle youtube  Themuslimchronicle Youtube,themuslimchronicle youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2023 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2023 ©

muslimchronicle muslimchronicle muslimchronicle muslimchronicle
themuslimchronicle themuslimchronicle themuslimchronicle
themuslimchronicle
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
themuslimchronicle, themuslimchronicle, themuslimchronicle