< Exhausting | Main | It's Getting Warmer >
September 08, 2005
Lego
News that Lego's loosing money, and considering moving it's production to the Far East to save costs:
Lego to shift production overseas
Only recently they sold off the theme parks to an investor. So things aren't looking particularly good for what was a staple part of any toy cupboard when I was a kid.
I suppose, like with Airfix and Hornby, it's not the first thing that kids these days scream for 
It's interesting watching Hornby's moves into the realm of detailed modelling, rather than toys, with more and more expensive and realistic trains and cars. And with an increase revenue, they're now off buying up the Eurpean competition, most recently Lima, another model train maker I remember as a kid.
Airfix too, with a shift into the wargaming market with some fantastic kits, the returns from which, I hope, will be ploughed back into the plastic models business to rebuild it back. We will have to see how the rather bold model of TSR.2 fairs in a couple of months when released. Airfix have sold out, at least, to a distributor. Of course, that doesn't mean the market has said yes, so there's every chance that, like the footballers effort, it could go up in smoke
NOTE: The Lego website is a bit worrying, hope they sort that one out 
Posted by alan at September 8, 2005 12:31 PM
Trackback Pings
TrackBack URL for this entry:
http://www.deletetheweb.com/alan/mt/mt-tb.cgi/736