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Subject: 
Re: Lego changes CEO after new losses
Newsgroups: 
lugnet.lego, lugnet.general
Date: 
Thu, 21 Oct 2004 17:07:25 GMT
Highlighted: 
(details)
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In lugnet.lego, Arne Lykke Nielsen wrote:
Hi,

Just noticed this press release:

http://www.lego.com/eng/info/default.asp?page=pressdetail&contentid=12504&countrycode=2057

Kjeld Kirk Kristiansen retires, and LEGOLAND parks will be a seperate company,
after new losses this year.

Arne, Copenhagen
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 focused too much on growth,
and had becomed too dependant on licensed products, as opposed to the basic
brick !!!!
and furthermore it was mentioned, that KKK will give 800 mill DKr (appx 140 mill
US dollars) of his own personal fortune to TLC.

Arne, Copenhagen



Message has 4 Replies:
  MADE IN CHINA?!?!!?!?! that's IT Lego Re: Lego changes CEO...
 
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)  
  Re: Lego changes CEO after new losses
 
(...) 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)  
  Re: Lego changes CEO after new losses
 
(...) 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)
  Re: Lego changes CEO after new losses
 
(...) 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)

Message is in Reply To:
  Lego changes CEO after new losses
 
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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