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Challenging times at LEGO

WildWater · 2018-03-06 13:53:48

https://www.irishtimes.com/business/manufacturing/lego-sales-fall-for-the-first-time-in-13-years-1.3416678 8% fall in sales and 8% of workforce to be made redundant in September. 'Reset-Button pressed as business has become too complicated.' Challenging times ahead, again, for LEGO.

06-03-2018 02:53PM

#1

WildWater

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https://www.irishtimes.com/business/manufacturing/lego-sales-fall-for-the-first-time-in-13-years-1.3416678

8% fall in sales and 8% of workforce to be made redundant in September. 'Reset-Button pressed as business has become too complicated.'

Challenging times ahead, again, for LEGO.

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Comments

#2 06-03-2018 03:04PM

Sleepy

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Posts: 23895

Trees don't grow to the sky.

I think a lot of modern businesses are too quick to pursue growth for growth's sake. If the company is ticking over well, making good profits, I wouldn't be getting too concerned. A dip in sales two years after a phenomenal (record?) sales year (no doubt boosted massively by the success of the LEGO movie) would be something to be expected from a company that has to be operating at close to it's saturation point (is there a home in the country that doesn't have LEGO?).

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