The Lego Company History

The Seglar company was founded in 1932 when Danish carpenter Ole Kirk Christiansen started making toys for a living. He had trouble to make payments in the absolute depths of the 1930s, but the miniscule prototypes he had made of things like ironing boards and ladders had superb potential since children’s toys. This individual named this company Seglar after two Danish ideas, leg and godt, that means “play well. ”

In 1958, he developed the iconic lego brick with tubes inside which makes it interlock to lego pieces. This innovative innovation totally changed the company and allowed this to increase at an astonishing pace.

By 1960s, Profano had broadened its international reach and began developing toys under license in North America by using a arrangement with luggage maker Samsonite. The company also set about selling establishes with all the portions should build a certain model, and introduced dedicated themes which include Space (with astronaut minifigures), Castle, Village (later has been renowned Profano City), and FabuLand.

In the early 1970s, Lego got a remarkable step forward having its introduction of Lego shapes that experienced movable legs and arms. The company also began employing more vinyl and adding larger obstructions for younger kids, a series called Duplo. In the 1980s, Lego’s revenue grew at an extraordinary rate of ten percent annually, inspite of overall plaything industry sales growth slowing down.

Today, Seglar is a significant global company with revenues of over $5. main billion and one of the most https://lego-x.com/2020/01/16/lego-company-history-production-features coveted brands in the world, ranking number 1 on Brand Finance’s ‘Most Powerful Brand’ list in 2015. But it surely still seems less just like a ruthlessly industrial giant plus more like an outdated family friend.


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