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The Lego Business History August 2nd, 2023

The Profano company started in 1932 when Danish carpenter Ole Kirk Christiansen started making toys for a living. He battled to make ends meet in the absolute depths of the 1930s, but the miniature prototypes he previously made of things like ironing panels and ladders had great potential seeing that children’s toys. This individual named the organization Profano after two Danish thoughts, leg and godt, meaning “play very well. ”

In 1958, he made the iconic profano brick with tubes inside which makes it interlock with other lego items. This cutting edge innovation revolutionized the company and allowed this to expand at an astonishing pace.

By the 1960s, Seglar had expanded its international reach and began providing toys underneath license in North America by using a arrangement with luggage supplier Samsonite. The corporation also initiated selling units with all the parts wanted to build a particular model, and introduced committed themes which includes Space (with astronaut minifigures), Castle, Town (later renamed Profano City), and FabuLand.

In the 1970s, Lego needed a remarkable step forward having its introduction of Lego information that acquired movable arms and legs. The company as well began using more plastic-type material and here larger prevents for younger children, a range called Duplo. In the eighties, Lego’s sales grew at a remarkable rate of ten percent each year, irrespective of overall model industry sales growth slowing.

Today, Profano is a significant global business with income of more than $5. almost 8 billion and one of the most coveted brands in the world, click for more ranking number 1 on Manufacturer Finance’s ‘Most Powerful Brand’ list in 2015. But it really still seems less such as a ruthlessly industrial giant plus more like an good old family friend.