Subject:
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Re: TLC becomes successful overnight?!
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Newsgroups:
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lugnet.general
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Date:
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Mon, 11 Jun 2001 15:36:06 GMT
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Viewed:
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1363 times
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I thought lego's downfall last year was the acquisition of smaller
companies, like the ones that made the clocks and watches and pens and such?
Kevin Loch wrote:
> As much as I love to beat up on them about juniorization and
> crappy themes, That's not really the problem. There is no excuse
> for them not making a profit the last few years because
> of the economic boom. Sure, bad sets cost them, but
> their huge losses are probably due to mismanagement of
> costs rather than missed sales targets.
>
> A good (hypothetical) example of this is people flying into
> town to visit the Potomac Mills store. Would you have them
> stay at a reasonable (red roof, hampton, holiday inn) hotel
> right next to the mall or a FIVE STAR HOTEL in downtown DC?
> That's 20 MILES away. I know what my accounting department
> would say if I did that. They'd have me write a check by
> the end of the month.
>
> I don't know if that kind of stuff went on, but it's an example of the
> kind of things that if not managed closely will multiply unitl
> it really hurts your bottom line.
>
> KL
>
> In lugnet.general, Bryan Wong writes:
>
> > Ok everybody,
> >
> > We know that TLC has been losing money for the last little while, but from
> > June 8th on, I sure hope that that trend stops. We'll be talking very
> > loudly with our wallets and most likely, this will show TLC what they are
> > doing right!
> >
> > If TLC is only out to make money, then this is definitely a step in the
> > right direction. :)
> >
> > -Bryan
> >
> > (That message probably makes no sense - I can't think straight with all this
> > excitement!)
>
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Message is in Reply To:
 | | Re: TLC becomes successful overnight?!
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| As much as I love to beat up on them about juniorization and crappy themes, That's not really the problem. There is no excuse for them not making a profit the last few years because of the economic boom. Sure, bad sets cost them, but their huge (...) (25 years ago, 11-Jun-01, to lugnet.general)
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