India  

LEGO's success story: How the company survived a debt of $800M and made one of the greatest comebacks in history

IndiaTimes Thursday, 3 April 2025
LEGO, a Danish toy company, faced financial trouble in 2003 with an $800 million debt. New CEO Jørgen Vig Knudstorp's strategies, including product line reduction and franchise partnerships, reversed the company's fortunes. By 2015, LEGO had become the world's largest toy company, surpassing Mattel, with $2.03 billion in sales in the first half of 2014.
0
shares
ShareTweetSavePostSend
 

You Might Like


Related videos from verified sources

Seat - 75 years of history creating the future [Video]

Seat - 75 years of history creating the future

On May 9th 1950, SEAT S.A. fired up its engine to set off on a thrilling journey, a quest to put Spain on wheels. Now, the company is celebrating its 75th anniversary while also marking the biggest..

Credit: AutoMotions     Duration: 01:25Published
RoboForce The Animated Series [Video]

RoboForce The Animated Series

RoboForce The Animated Series - Plot Synopsis: The Nacelle Company (The Toys/Movies That Made Us, Kevin Hart’s Guide to Black History, Biker Mice from Mars) and Seven Bucks Productions (Red One,..

Credit: Teaser Trailer     Duration: 02:21Published