3 years (2008-2011) LEGO Group´s main activity is the development, production, marketing and sale of play material. LEGO Group revenue 2003-2019. The LEGO Group is a privately held company based in Billund, Denmark. Account assignments & selected contact information. Sociocultural + Geographic Segmentation. The LEGO Group began in 1932 in Denmark, when Ole Kirk Kristiansen founded a small factory for making wooden toys. Adbrands Account Assignments tracks account management for the world's leading brands and companies, including details of which advertising agency handles which accounts in which countries for major markets. Read more about the LEGO History. Company profile page for Lego A/S including stock price, company news, press releases, executives, board members, and contact information Published by Emma Bedford , Sep 28, 2020. This statistic shows the revenue of the LEGO Group from 2003 to 2019. The company is still owned by the Kirk Kristiansen family who founded it in 1932. Hybrid Segmentation. We would like to show you a description here but the site won’t allow us. Danish toy maker Lego says sales soared 25 percent 2012 thanks largely to the new Lego Friends series of building blocks designed for girls. Lego Brand’s Market Segmentation is a Winner. Lynn Mann, A.J. Fifteen years later, he discovered that plastic was the ideal material for toy production and bought the first injection molding machine in Denmark. The humble Lego brick is celebrating its 60th anniversary this year. The LEGO® Brand. LEGO products being made of plastic it has immense pressure to make environment friendly toys. Demographics and Psychographics of a Lego consumer – lego site breakdown. Lower inflation rate – The low inflation rate bring more stability in the market, enable credit at lower interest rate to the customers of Lego. LEGO has always emphasised on corporate social responsibility and has implemented several CSR initiatives to be ranked with the topmost companies regarding renewable energy and work safety (Progress Report, 2012). ‘LEGO customer service was thus awarded the prize for the “Best Centre for Customer Service” in Europe. 1.2 Porter’s Five Forces Analysis Economic uptick and increase in customer spending, after years of recession and slow growth rate in the industry, is an opportunity for Lego to capture new customers and increase its market share. ... A Profile in LEGO® Confidence and the Power of Passionate Educators. We are the masters of reinvention. The market for traditional toys according to the Anual Report of 2012, experienced a decline in global value in the last year. Historical profile information for LEGO. CAGR of 2.9% over a. period of. In 2019, the Lego … Read teacher testimonials and customer case studies to discover how LEGO® Education and educators are changing learning and lives worldwide. The high-quality production of the LEGO product (ISO 14001) guarantees that the Technic toys can be easily assembled following the technical instructions and there are no missing parts and all elements fit perfectly well together.