MediaWatch : 2248


MediaWatch / 2248	2247 \| 2249

Subject:	Re: LEGO® Systems, Inc. sells Enfield complex for $58.9 million
Newsgroups:	lugnet.general, lugnet.mediawatch
Date:	Fri, 12 Jan 2007 07:03:29 GMT
Viewed:	252 times

In lugnet.general, Harvey Henkelman wrote:

Lego is on it’s way out, plain and simple. By 2012, it will be a memory.

No it will still be around. In the future LEGO may not be owned by Kjeld and Gunhild anymore (Godtfred Kirk Christiansen’s 2 surviving children), however it will still be around.

There’s too much value in the brand name. A future owner may move production to China or Vietnam or India. It seems that everything else is ending up there, a loss for Europe, North America and Australia.

The future offset may be cheaper prices, but less in the way of quality.

Gary Istok

Message has 2 Replies:

		Re: LEGO® Systems, Inc. sells Enfield complex for $58.9 million
(...) Gary's right. One the things that is happening is that globalization of resources...the US has higher wages than the rest of the world in many things, so to bear the costs that consumers want, less expensive places have to be found to produce (...) (18 years ago, 12-Jan-07, to lugnet.general, lugnet.mediawatch, FTX)

		Re: LEGO® Systems, Inc. sells Enfield complex for $58.9 million
(...) I will make an idle observation (from way out in left field)... The market for LEGO seems to be soft (beyond description) at the moment. My BrickLink store is experiencing one of the slowest Januarys that I have ever seen. I saw signs of this (...) (18 years ago, 14-Jan-07, to lugnet.general, lugnet.mediawatch, FTX)

Message is in Reply To:

		Re: LEGO® Systems, Inc. sells Enfield complex for $58.9 million
Lego is on it's way out, plain and simple. By 2012, it will be a memory. (18 years ago, 12-Jan-07, to lugnet.general, lugnet.mediawatch, FTX)

11 Messages in This Thread:

Entire Thread on One Page:: Nested: All | Brief | Compact | Dots
Linear: All | Brief | Compact
This Message and its Replies on One Page:: Nested: All | Brief | Compact | Dots
Linear: All | Brief | Compact

Custom Search