Everything isn't awesome: Lego sales fall

Everything isn't awesome: Lego sales fall
 

Lego has reported its first annual drop in sales and profits for 13 years.
The Danish toymaker blamed the weak performance on "cleaning up" unpopular product lines, as well as a drop in sales in Europe and North America.
Lego Group chief executive Niels Christiansen said there was "no quick-fix" and it would take the firm "some time" to grow long-term.
The weak performance comes after Lego cut 1,400 jobs worldwide in September, saying its business needed a "reset".
Revenue for 2017 dropped by 8% to 35bn Danish kroner (£4.2bn, $5.8bn), compared to 37.9... read more

 
6 March 2018 in Business, Views: 42
Source: BBC
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