The Seglar company begun in 1932 when Danish carpenter Ole Kirk Christiansen started making toys and games for a living. He struggled to make payments in the depths of the Great Depression, but the miniature prototypes he previously made of items like ironing boards and ladders had superb potential while children’s toys. This individual named the corporation Profano after two Danish thoughts, leg and godt, which means “play well. ”

In 1958, he developed the iconic seglar brick with pontoons inside which makes it interlock with other lego portions. This groundbreaking innovation changed distinguishly the company and allowed this to grow at an surprising pace.

By 1960s, Lego had enhanced its international reach and began manufacturing toys within license in North America by using a arrangement with luggage manufacturer Samsonite. The business also began selling collections with all the parts needs to build a specific model, and introduced dedicated themes which include Space (with astronaut minifigures), Castle, Area (later renamed Profano City), and FabuLand.

In the early 1970s, Lego required a dramatic step forward using its introduction of Lego results that possessed movable legs and arms. The company likewise began applying more clear plastic and introducing larger blocks for younger children, a lines called Duplo. In the eighties, Lego’s product sales click to find out more grew at an extraordinary rate of ten percent each year, in spite of overall plaything industry product sales growth scaling down.

Today, Lego is a massive global firm with income of over $5. almost eight billion and one of the most coveted brands in the world, ranking best on Company Finance’s ‘Most Powerful Brand’ list in 2015. But it really still seems less just like a ruthlessly industrial giant and more like an old family friend.