Lego Group still plans to build brick by brick in China this year despite the country's yawning economic troubles. "We are keeping our investments [in China] going," Lego Group CEO Niels B.
The pandemic-era gains that fueled exponential toy industry sales growth waned in 2023 as consumers cut discretionary spending amid rising inflationary costs and increased credit card debt. Lego ...
Lego on Tuesday reported its full-year 2023 results, saying it's revenue grew by 2% throughout the year, in line with expectations. The company made "very, very strong progress" and "grew comfortably" ...