Last year, the Lego Group enjoyed revenue growth of 15 percent year over year on a local currency basis, excluding foreign exchange impacts. Revenue increased by 13 percent to DKK 28.6 billion (USD $4,349,545,486) compared to DKK 25.3 billion (USD $3,847,850,941) in the previous year, while the year’s operating profit increased to DKK 9.7 billion (USD $1,475,318,881) compared to DKK 8.3 billion (USD $1,262,184,735) in the previous year, an increase of 16 percent. Net profit was DKK 7.0 billion (USD $1,064,493,150) compared to DKK 6.1 billion USD $927,777,853) in the prior year, an increase of 15 percent. [Read more...]
Lego Systems will release new Lego Star Wars products based on the new Star Wars Rebels animated TV series, which is scheduled to premiere on Disney Channel this fall before appearing regularly on Disney XD. The new building sets were unveiled at a Disney Consumer Products event on February 17 and will launch on August 1. They include the Lego Star Wars The Ghost building set, which is based on the Rebel heroes’ starship, The Ghost, and has dual cockpits, a 360-degree rotating turret, two spring-loaded shooters, ejecting escape pods, and several new minifigures. Consisting of a total of 929 pieces, it is suitable for kids ages 9 and up.
The second building set, Lego Star Wars Phantom, is an attack shuttle that works in conjunction with The Ghost set. The Phantom model features 234 pieces and includes folding wings, tools, and a detachable cockpit with cargo hold where pilot Ezra Bridger can store his cadet helmet and blaster. Ezra and his grumpy Droid companion Chopper are also brought to Lego minifigure form. The set is suitable for kids ages 7 and up.
The introduction of Lego Star Wars Rebels coincides with the 15th anniversary of Lego Star Wars, the first licensed property ever to come to life in Lego form.
Toys “R” Us Inc. will enhance product categories that have experienced sales growth over the past few years, such as education, tablets, and construction, as part of their 2013 holiday strategy.
This season, a dedicated Imaginarium shop will set in-store, and each store will have a whole aisle dedicated to new educational products, such as microscopes and telescopes from Edu Science and language-learning programs from Little Pim. Meanwhile, capitalizing on the growing construction category, the company will install a “Shop within a Store” in approximately 300 locations, showcasing construction brands such as Lego and Mega Bloks. The company will also feature approximately 70 Lego exclusives this holiday season, including Legends of Chima The Croc Swap Hideout and Star Wars Jedi Defender Class Cruiser.
After experiencing increases in sales of tablets and tablet accessories, Toys “R” Us will add easy-to-navigate 32-foot shops that will showcase 25 tablets that can be tested and engaged with by kids and parents. These shops are expected to set in the majority of Toys “R” Us locations by October. The company also has exclusive tablet products, such as the Kurio 10s by Techno Source and its recently announced tabeo e2, and will be launching a dedicated online tablet guide.
Finally, online shoppers can now place a “Buy Online, Pickup In Store,” order on toysrus.com and it will be ready for pickup in under an hour, and “Ship to Store” orders will now be available for pickup in five to 10 days. Later this fall, stores will be equipped with a secondary in-store pickup location, and “Ready for Pickup” emails that are sent to customers once their order is available will include a map of where the pickup location is positioned within the store.
The Lego Group unveiled the world’s largest Lego model, a 1:1 replica of the Lego Star Wars X-Wing Starfighter, in New York’s Times Square today. To celebrate the upcoming premiere of The Yoda Chronicles on Cartoon Network on May 29 at 8:00 p.m., the massive replica took 32 master builders, five million Lego bricks and over 17,000 hours to complete. The model weighs nearly 46,000 pounds, stands 11 feet tall and 43 feet long, with a wingspan of 44 feet. The model will “take off” for a summer landing at Legoland California Resort where it will be installed through the remainder of the year.
Lego Star Wars is the original licensed product collection from The Lego Group and remains among the best-selling global toy lines. The theme appeals to fans across generations with a steady introduction of digital content such as The Yoda Chronicles to compliment the building experience.