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Subject: 
Re: KKK described latest restructuring as "last chance" for Lego in FT article
Newsgroups: 
lugnet.general
Date: 
Wed, 17 Mar 2004 23:04:45 GMT
Viewed: 
688 times
  
In lugnet.general, Thomas Main wrote:
Following on the heels of the press release announced in this LUGNET article,

http://news.lugnet.com/mediawatch/?n=1448

There's a piece in the _Financial Times_ about the latest restucturing at Lego:

http://news.ft.com/servlet/ContentServer?pagename=FT.com/StoryFT/FullStory&c=StoryFT&cid=1079419676904

or http://makeashorterlink.com/?U27F24DB7

Key quotes:

""This is our last chance. We are at risk of losing our independence," said
Kjeld Kirk Kristiansen, Lego's chief executive and owner"



Actualy in my opinion it would be the best thing that could happen for an AFOL
is for LEGO to be bought out by another toy company or if LEGO went public. Than
any issues we had could be directly raised with the senior management at the
annual shareholders meeting.


and

"Mr Kristiansen declined to speculate on whether the maker of the eponymous
coloured plastic building blocks could face a takeover should this latest
resuscitation attempt fail."

Ominous news.

--
Thomas Main
thomasmain@myrealbox.com



Message has 1 Reply:
  Re: KKK described latest restructuring as "last chance" for Lego in FT article
 
(...) Be careful what you wish for. 90+ percent of all the toy brands in the US are owned by two companies that are essentially in the junk business relentlessly trying to make lower cost product with maximum point of sale appeal. Quality and play (...) (21 years ago, 18-Mar-04, to lugnet.general, FTX)

Message is in Reply To:
  KKK described latest restructuring as "last chance" for Lego in FT article
 
Following on the heels of the press release announced in this LUGNET article, (URL) a piece in the _Financial Times_ about the latest restucturing at Lego: (2 URLs) quotes: ""This is our last chance. We are at risk of losing our independence," said (...) (21 years ago, 16-Mar-04, to lugnet.general)  

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