Some of the biggest rent increases have been in cities that are generally more spacious and affordable. According to data from Zumper, the median rent for a 2-bedroom apartment is up 13% on last year in the US, with rents rising in 80 of the 100 most populous cities. The single issue political party the ' Rent Is Too Damn High Party' have some work to do. Lego is named after a Danish phrase 'leg godt' - meaning 'play well' - and play well they have. The list goes on and on of mega franchise IP that Lego has tapped into - routinely charging $100, $200 or even $500, for some of the highest profile sets. They built new Legoland theme parks (there are now 8 in total) and opened more interactive stores, shaping the entire Lego experience for fans.īut perhaps their biggest stroke of genius was to start engaging more with other brands and IP.

They started a YouTube channel (which now has 16 billion views). They gave people the ability to design their own Lego model and then buy the elements required to build it. They decided to embrace their fans, young or old, and diversify away from the humble brick.

Indebted, with sales declining, Lego needed to make some changes. That's the kind of growth usually associated with tech companies or early-stage startups - not 91 year-old plastic toy brickmakers.įor Lego, those remarkable results are partly down to a pandemic bump (nothing quite says 'indoor activity' like building Lego), but also 15+ years of a new strategic direction.įor the first 66 years of its life, Lego never posted a loss, but by 2003 the company was in a lot of trouble. This week Lego, which was first founded in 1932, reported that its revenues had grown 46% in the first half of this year. A brief history of Zoom. The video conferencing company has been on quite a ride.Rents. They're going up almost everywhere in the US.Lego. The Danish toymaker has revitalized itself in the last 15 years.

Lego city games