The Profano company started in 1932 when Danish carpenter Ole Kirk Christiansen started making toys and games for a living. He fought to make ends meet in the depths of the Great Depression, but the little prototypes he had made of items like ironing boards and ladders had great potential since children’s toys. This individual named the business Lego after two Danish terms, leg and godt, meaning “play very well. ”
In 1958, he created the iconic lego brick with tubes inside that makes it interlock to lego items. This innovative innovation totally changed the company and allowed it to increase at an astonishing pace.
By the 1960s, Lego had extended its foreign reach and began making toys within license in North America by using a arrangement with luggage maker Samsonite. This company also initiated selling pieces with all the items needs to build a specific model, and introduced devoted themes including Space (with astronaut minifigures), Castle, Town (later has been renowned Lego City), and FabuLand.
In the 1970s, Lego took a remarkable step forward with its introduction of Lego results that got movable arms and legs. The company as well began using more plastic-type and introducing larger hindrances for younger kids, a line called Duplo. In the 1980s, Lego’s product sales https://lego-x.com/ grew at an extraordinary rate of ten percent each year, despite overall doll industry product sales growth slowing down.
Today, Lego is a large global business with revenues of over $5. almost 8 billion and one of the most coveted brands in the world, ranking best on Manufacturer Finance’s ‘Most Powerful Brand’ list in 2015. Nonetheless it still feels less such as a ruthlessly industrial giant plus more like an previous family good friend.