 | | Lego changes CEO after new losses
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Hi, Just noticed this press release: (URL) Kirk Kristiansen retires, and LEGOLAND parks will be a seperate company, after new losses this year. Arne, Copenhagen (20 years ago, 21-Oct-04, to lugnet.lego, lugnet.general) !!
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| | Re: Lego changes CEO after new losses
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(...) Wow, Jørgen Vig Knudstorp looks really young for a CEO of a company the size of LEGO. Good for him, I hope he can make it happen for LEGO. jt (20 years ago, 21-Oct-04, to lugnet.lego, lugnet.general)
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| | Re: Lego changes CEO after new losses
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(...) Wow, the new CEO is only (URL) years old> - he was 8 or 9 when Space came out! Good luck to Mr. Knudstorp! Marc Nelson Jr. (20 years ago, 21-Oct-04, to lugnet.lego, lugnet.general, FTX)
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| | Re: Lego changes CEO after new losses
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(...) He's AFOL age. (average age being 30 ish, not based on any real numbers, just an observation) and probably remembers classic space as a kid. Good news!!!! (20 years ago, 21-Oct-04, to lugnet.lego, lugnet.general, FTX)
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| | Re: Lego changes CEO after new losses
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(...) Yeah, he's a sharp cat. As I understand, Kjeld is stepping down as planned (he came back into the daily operations fold to help get things back on track). Now that the Action Plan is in place and seems to be working, he's turning over daily (...) (20 years ago, 21-Oct-04, to lugnet.lego, lugnet.general, FTX)
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| | Re: Lego changes CEO after new losses
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(...) I hope you're right, but the two top guys in TLC now have a combined 5 years experience with the company and it's all on the financial side. Spinning off the parks, or selling them outright, sounds ominous. It suggests a level of distress (...) (20 years ago, 21-Oct-04, to lugnet.lego, lugnet.general, FTX)
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| | Re: Lego changes CEO after new losses
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(...) But does he LIKE the product, or is this just a job for him? Ditto the CFO... I have opined in the past that I wonder how many Danes view working at LEGO as just another job rather than as a passion.... Also, I have to say I was puzzled by (...) (20 years ago, 21-Oct-04, to lugnet.lego, lugnet.general)
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| | Re: Lego changes CEO after new losses
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(...) Follow-up: In the Danish TV News, in two interviews, the new CEO said, that most of the production would probably be moved to China (where Click-its and many parts are already made) and KKK said that the trouble for LEGO was that they had (...) (20 years ago, 21-Oct-04, to lugnet.lego, lugnet.general)
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| | Re: Lego changes CEO after new losses
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(...) Absolutely agree. (...) I'm not sure how much of the problem is a 'TLC supply chain issue' tho. Perhaps it is in EU where the supplier is more closely coupled with the retail outlets. On this side of the pond I have seen much LEGO product that (...) (20 years ago, 21-Oct-04, to lugnet.lego)
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| | Re: Lego changes CEO after new losses
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(...) Interesting that you mention this, I was concidering an Ambasador Pass for myself this year, but now I'm not so sure it's worth it. I remember when Marine World was sold to Six Flags. It lost most it's charm and became a Magic Mtn clone. Mat (20 years ago, 21-Oct-04, to lugnet.lego, lugnet.general, FTX)
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| | Re: Lego changes CEO after new losses
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(...) IMHO selling the LL parks to an outside company is just beyond stupid. I mean HELLO - this is LEGOland. This is not some generic theme park where it does not really matter who is running it - I don't want to see LLCA run by some random (...) (20 years ago, 21-Oct-04, to lugnet.lego, lugnet.legoland, FTX)
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| | Re: Lego changes CEO after new losses
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(...) I have some strong negative feelings about Legoland CA. I drove my kids (15 hours) specifically to visit Legoland (CA) and we were all looking forward to the experience. I have visited numerous parks in my 42 years and I must say Legoland was (...) (20 years ago, 21-Oct-04, to lugnet.lego, lugnet.legoland, FTX)
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| | Re: Lego changes CEO after new losses
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Much snippage. And I mostly agree with Ray... (...) Supply chains stretch in both directions from a firm, both upstream and down. TLC's upstream supply chain presumably delivers stuff like raw pellets (in various colors), printed boxes and (...) (20 years ago, 21-Oct-04, to lugnet.lego)
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| | Re: Lego changes CEO after new losses
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(...) Jake, Looking at the organizational chart, wouldn't "stepping up" be a more appropriate term, as he is leaving the CEO position but remaining Deputy Chairman? -Brian (20 years ago, 21-Oct-04, to lugnet.lego, lugnet.general, FTX)
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| | MADE IN CHINA?!?!!?!?! that's IT Lego Re: Lego changes CEO...
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In lugnet.lego, Arne Lykke Nielsen wrote: Snip (...) Snip (...) well, i weathered the color change, & lego ultra-juniorization/B.U.R.P etc. garbage, but this might break it for me. Lego, you darn well better absolutely NOT use slave labor & (...) (20 years ago, 21-Oct-04, to lugnet.lego, lugnet.general)
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| | Re: Lego changes CEO after new losses
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Maybe they'll sell it to Disney. They would fix it. (20 years ago, 21-Oct-04, to lugnet.lego, lugnet.legoland, FTX)
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| | A Day in the Life (was:Re: Lego changes CEO after new losses_
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(...) i read the news today, oh boy about a lego man who lost his job and though the news was rather sad well i just had to laugh i saw the photograph he blew his resources on bionicles while mega bloks had just released na-no a crowd on lugnet came (...) (20 years ago, 22-Oct-04, to lugnet.lego, lugnet.general)
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| | Re: MADE IN CHINA?!?!!?!?! that's IT Lego Re: Lego changes CEO...
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(...) Yes all that and now the possibity that MegaBlocks and Lego being made in the same manufacturing plant. They'll just take the better ones and put them in the "Lego" bin with the poorer ones going to the other knock offs. -Patrick (20 years ago, 22-Oct-04, to lugnet.lego, lugnet.general)
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| | Re: MADE IN CHINA?!?!!?!?! that's IT Lego Re: Lego changes CEO...
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(...) I'm just shocked...I can't even begin to say what this means to me....other than I guess the market for old Lego collections will just continue to go through the roof. <sigh> When will it ever end? (20 years ago, 22-Oct-04, to lugnet.lego, lugnet.general)
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| | Re: A Day in the Life (was:Re: Lego changes CEO after new losses_
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(...) Good one Thomas, That really cracked me up. Now I know I'm showing my age here, but I have to wonder, how many ppl actually sang that to themselves instead of reading it??? Apparently the creativity around here is not just limited to building. (...) (20 years ago, 22-Oct-04, to lugnet.lego, lugnet.general)
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| | Re: MADE IN CHINA?!?!!?!?! that's IT Lego Re: Lego changes CEO...
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(...) As sad (wrong depending on how ones sees it) as it may sound that TLC is moving production to China it *IS* the way of this century. Expect to see a lot of this occuring for the rest of our lifetime! 1st world countries *CAN NOT* compete (...) (20 years ago, 22-Oct-04, to lugnet.lego, lugnet.general, FTX)
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| | Re: A Day in the Life (was:Re: Lego changes CEO after new losses_
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(...) Yup, it's a darn shame that he put money into a non-licensed product that so took the world by storm that while it was still fairly obscure it ranked as the top selling ACTION FIGURE line (beating Star Wars, Power Rangers, etc.), all by (...) (20 years ago, 22-Oct-04, to lugnet.lego, lugnet.general, FTX)
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| | Re: MADE IN CHINA?!?!!?!?! that's IT Lego Re: Lego changes CEO...
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(...) Actually, I don't think it will save them much at all. Sea transport will now be across the atlantic, they have built the factories in Hungary, have the ones in Bulland (sp), ect. Cost to run the actual factories is relatively low in terms of (...) (20 years ago, 22-Oct-04, to lugnet.lego, lugnet.general, FTX)
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| | Re: A Day in the Life (was:Re: Lego changes CEO after new losses_
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I sang to it, one of the best songs on Sgt. Pepper. --- Member 1893 (20 years ago, 22-Oct-04, to lugnet.lego, lugnet.general)
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| | Re: Lego changes CEO after new losses
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(...) That's right, those 12 people in the production facility are what led you to two consecutive years of heavy losses. I swear, this world is being ruined by the decisions of MBAs and accountants who have no natural talent for their occupation, (...) (20 years ago, 22-Oct-04, to lugnet.lego, lugnet.general)
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| | Re: MADE IN CHINA?!?!!?!?! that's IT Lego Re: Lego changes CEO...
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(...) That is some rather ignorant ranting. Why would you expect those single kids, spoiled by two parents and four grand parents, would be forced to work? And what is this "slave labor"? Some cold war garbage? Yes you really tick me off too. (20 years ago, 22-Oct-04, to lugnet.lego, lugnet.general)
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| | ?Quality Standards?
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(...) Could some one clarify, didn't TLG plan-on, or already move some production/ warehouse facilities to Eastern Europe to cut-costs?!? Anyways, i'm betting quality standards will slip in China... (i know, this nation is making better products (...) (20 years ago, 22-Oct-04, to lugnet.lego, lugnet.general, lugnet.dear-lego, lugnet.year.2005)
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| | Re: MADE IN CHINA?!?!!?!?! that's IT Lego Re: Lego changes CEO...
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(...) Riii...iiight, and the majority of China's factory labor force is upper-middle class, university educated!?! Bad factory environments exist in much of the Global South, and China in no exception! Some generalizations are valid, simply because (...) (20 years ago, 22-Oct-04, to lugnet.off-topic.debate)
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| | Re: ?Quality Standards?
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(...) I got so worked up that i forgot to sign my name at the bottom of this post! Oh, and just for Ka-On Lee, i only meant "labor intensive slave system" in terms relative to the developed western nations ideology towards humane treatment of (...) (20 years ago, 22-Oct-04, to lugnet.lego, lugnet.general)
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| | Re: ?Quality Standards?
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Snipped a lot of the post because I see much of it has been covered by others already. (...) ONE good thing about the EU is that this sort of anti-competitive chicanery is against EU rules. And sometimes the EU even actually does something about it. (...) (20 years ago, 22-Oct-04, to lugnet.lego, lugnet.off-topic.debate)
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| | Re: MADE IN CHINA?!?!!?!?! that's IT Lego Re: Lego changes CEO...
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(...) Just to think about how we're (USA) going to support the baby boom generation in retirement and that there are four times as many humans in China with little in the way of future generations to support those. Of course their family structure (...) (20 years ago, 22-Oct-04, to lugnet.off-topic.debate)
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| | Re: Lego changes CEO after new losses
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(...) I've worked with China before. I hate dealing with them. They wanted me to do all this work, then trying to get paid was like squeezing blood from a stone. Took me six months to get paid. Chinese people are smart--but I have found a rather (...) (20 years ago, 22-Oct-04, to lugnet.lego, lugnet.general)
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| | Re: MADE IN CHINA?!?!!?!?! that's IT Lego Re: Lego changes CEO...
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(...) I would like to see exactly how much more expensive per anum to make the stuff in Denmark than it is to make it in China. And what the extra expense is going towards (taxes? wages? electricity costs? what?) (20 years ago, 22-Oct-04, to lugnet.lego, lugnet.general)
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| | Re: Lego changes CEO after new losses
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(...) Um, have you seen some of the Disney theme parks as of late? This would be a poor idea. Outsourcing parks like Legoland isn’t a bad idea, if you pick the right company to run them. Six Flags = Bad. However, all of Disney’s Tokyo parks are (...) (20 years ago, 22-Oct-04, to lugnet.lego, lugnet.legoland, FTX)
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| | Re: Lego changes CEO after new losses
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(...) Local news has gotten the story- (URL) (20 years ago, 22-Oct-04, to lugnet.lego, lugnet.general)
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| | Re: Lego changes CEO after new losses
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(...) I think they'd have better spent the money on LEGO stores throughought the US. I think stores where you can "pick a brick" would do much to increase sales. More widespread "pick a brick" sales could be part of an overall strategy to make TLC (...) (20 years ago, 22-Oct-04, to lugnet.lego, lugnet.general, FTX)
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| | Re: A Day in the Life (was:Re: Lego changes CEO after new losses_
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(...) Well, I meant that as a joke. I am aware that Bionicle is extremely sucessful. But your post did get me to thinking. Bionicle is such a strong brand by itself that as long as TLC is looking to sell properties to (I assume) raise (...) (20 years ago, 22-Oct-04, to lugnet.lego, lugnet.general, FTX)
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| | Re: Lego changes CEO after new losses
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(...) I thought this part of the article was completely off base: Dennis Speigel, president of International Theme Park Services, a consulting firm, said Legoland has a high-quality product but it appeals to a limited segment of the population: (...) (20 years ago, 22-Oct-04, to lugnet.lego, lugnet.general)
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| | Re: MADE IN CHINA?!?!!?!?! that's IT Lego Re: Lego changes CEO...
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(...) Supposedly, it's around 7 seconds to cool and eject a new element from the mold (obviously differs according to piece size, etc). So if you count injection time, it's probably around 10 seconds or so? And I believe the number of elements (...) (20 years ago, 22-Oct-04, to lugnet.lego, lugnet.general, FTX)
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| | Re: Lego changes CEO after new losses
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(...) I don't know. It would nice to have one closer to Detroit, but there's also the overhead of operating a bunch of physical stores. What are people's impressions as to the success of these new stores? I do think that PAB is a nice low investment (...) (20 years ago, 22-Oct-04, to lugnet.lego, lugnet.general, FTX)
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| | Re: Lego changes CEO after new losses
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(...) I've spent a lot of time at Pick-A-Bricks (LLCA, DDT Anaheim, Glendale Galleria) and my observations suggest they are great for us, but not the average customer. My eperiences is that the average visitor says "wow" when they see all the items, (...) (20 years ago, 22-Oct-04, to lugnet.lego, lugnet.general, FTX)
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| | Re: Lego changes CEO after new losses
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(...) Is the article off-base, or just not specific? I mean, it sounds completely accurate to me. Most kids who grew up in the 70's and 80's in the US (who are becoming parents now) had some experience with Lego. As a kid, almost everyone I knew had (...) (20 years ago, 22-Oct-04, to lugnet.lego, lugnet.general)
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| | Re: Lego changes CEO after new losses
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(...) I'd have to agree there. (...) That's possibly a big problem with their location. Firstly, they're in California, one of the two biggest concentrations of amusement parks in the nation, along with FloriDisney World. Secondly, they're not right (...) (20 years ago, 22-Oct-04, to lugnet.lego, lugnet.general)
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| | Re: MADE IN CHINA?!?!!?!?! that's IT Lego Re: Lego changes CEO...
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(...) No, but they've learned a lot over recent years. They've set up huge manufucturing districts, and the way it usually works is young adults will work there for a few years, earn enough money in that time to go buy a small farm, start up a (...) (20 years ago, 22-Oct-04, to lugnet.off-topic.debate)
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| | Re: MADE IN CHINA?!?!!?!?! that's IT Lego Re: Lego changes CEO...
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(...) I would agree here. Maybe they are looking to take advantage of a newer, cheaper ABS supply? Is there a tax write-off in Denmark for relocation expenses like these? Its gotta cost a pretty penny to move the stuff. Jeff (20 years ago, 22-Oct-04, to lugnet.lego, lugnet.general, FTX)
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| | Re: MADE IN CHINA?!?!!?!?! that's IT Lego Re: Lego changes CEO...
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(...) 2x4 bricks are in 8-part molds, yes. I'd venture a guess that 1x1 molds produce more parts per shot, and that some really large parts might even be single-part shots. Now that's all because you want to use the full volume capacity of the (...) (20 years ago, 22-Oct-04, to lugnet.lego, lugnet.general, FTX)
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| | Re: A Day in the Life (was:Re: Lego changes CEO after new losses_
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(...) Yeah, well, the joke stopped being funny about three years ago. About the time when they had to start up an entirely new production line just to keep up with consumer demand for BIONICLE product (don't worry, they upped the price on Toa by a (...) (20 years ago, 22-Oct-04, to lugnet.lego, lugnet.general, FTX)
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| | Re: MADE IN CHINA?!?!!?!?! that's IT Lego Re: Lego changes CEO...
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(...) Yeah, it does admittedly sound low to me-- where are you getting the cite? Of course, I guess I also didn't include packaging and shipment, either-- and that's not necessarily just the "final" packaging, but shipping to other areas to be (...) (20 years ago, 22-Oct-04, to lugnet.lego, lugnet.general, FTX)
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| | Re: Lego changes CEO after new losses
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(...) Although that may be your observations, in the time that I have been with LEGO Brand Retail, PaB cups have been top sellers in many stores nearly every week. I know that at Tyson's Corner, there are some bins that we are always refilling. (...) (20 years ago, 22-Oct-04, to lugnet.lego, lugnet.general, FTX)
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| | Re: MADE IN CHINA?!?!!?!?! that's IT Lego Re: Lego changes CEO...
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(...) (URL), when 161 waged production workers in Billund were laid off, and 1500 was the number cited as being employed in the affected departments. (URL), when 43 administrators were in Billund were laid off, and 2000 was the number cited as being (...) (20 years ago, 22-Oct-04, to lugnet.lego, lugnet.general, FTX)
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| | Re: MADE IN CHINA?!?!!?!?! that's IT Lego Re: Lego changes CEO...
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(...) I apologize, Ka-On Lee, for not making my point clearer. I had no intention of speaking negatively of children. I was lamenting the tendency of large corporations to abuse what they see as less developed economies by using the most vulnerable (...) (20 years ago, 23-Oct-04, to lugnet.off-topic.debate)
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| | Re: MADE IN CHINA?!?!!?!?! that's IT Lego Re: Lego changes CEO...
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In lugnet.off-topic.debate, Jeff Szklennik wrote: woah! why didn't the text 'wrap' like in the editing box? can someone fix my post (b4 this one)? Sorry! Jeff (20 years ago, 23-Oct-04, to lugnet.off-topic.debate)
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| | Re: MADE IN CHINA?!?!!?!?! that's IT Lego Re: Lego changes CEO...
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In lugnet.lego, David Eaton wrote: SNIP (...) surprise-overpaid upper mananagement cutting labor to save costs. we can still have the best product without keeping the perception that more management is better. Jeff (20 years ago, 23-Oct-04, to lugnet.lego, lugnet.general, FTX)
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| | Re: MADE IN CHINA?!?!!?!?! that's IT Lego Re: Lego changes CEO...
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(...) It's really easy to look at it that way, but the evidence suggests otherwise. I cited a few press releases (URL) elsewhere> in this thread, most of which dealt with layoffs. Within a month of announcing 161 production layoffs last year in (...) (20 years ago, 23-Oct-04, to lugnet.lego, lugnet.general, FTX)
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| | (murfl)
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(murfl) (20 years ago, 23-Oct-04, to lugnet.lego, lugnet.general)
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| | Re: Lego changes CEO after new losses
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(...) -snipped- Here's the latest- (URL) (20 years ago, 23-Oct-04, to lugnet.lego, lugnet.general)
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| | Re: Lego changes CEO after new losses
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(...) Okay... They will be using the same molds so part quality should remain similar. (This says nothing for color consistency or actually getting the right parts in each bag/box) They probably won't save much money because they've often said that (...) (20 years ago, 24-Oct-04, to lugnet.lego, lugnet.general)
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| | Re: MADE IN CHINA?!?!!?!?! that's IT Lego Re: Lego changes CEO...
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I wonder if LEGO has considered how that would affect prices in various countries. For example in Canada LEGO is duty free since Denmark is considered a preferred trading partner, but I am not sure on the situation with China, will see if I can find (...) (20 years ago, 25-Oct-04, to lugnet.lego, lugnet.general)
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| | Re: Lego changes CEO after new losses <San Diego Article.
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(...) After all this here's an article from Friday's union Tribune. Some speculation on who could buy LLCA. etc. (URL) (20 years ago, 25-Oct-04, to lugnet.lego, lugnet.general)
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| | Re: MADE IN CHINA?!?!!?!?! that's IT Lego Re: Lego changes CEO...
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(...) Not that I am aware of, as fixing spacing or linewrapping is a kind of editing and LUGNET does not support editing. You can repost it and request a cancel of the original post if you like, but no one can change it, not even you, as far as I (...) (20 years ago, 25-Oct-04, to lugnet.off-topic.debate)
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| | Re: MADE IN CHINA?!?!!?!?! that's IT Lego Re: Lego changes CEO...
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Not sure farming things out to China will benefit LEGO that much, the production system is so automated it doesn't involve that much hand work to my understanding but it would be interesting to have someone from LEGO comment on this. (20 years ago, 30-Oct-04, to lugnet.lego, lugnet.general)
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