Lego Sales Are Surging During The Pandemic

LEGO SALES ARE SURGING DURING THE PANDEMIC

(CNN) – Add Lego to the list of companies that is benefiting from people spending more time at home.

The Danish toy maker said on Wednesday that sales jumped 14% in the first half of 2020; compared to the same period last year.

CEO Niels Christiansen pointed to investments in e-commerce as crucial during a period in which retail stores where shut.

It’s not just Lego.

Video game companies have also seen a surge in sales since social distancing restrictions have encouraged people to find new ways to pass the time.

Nintendo’s operating profit more than quadrupled in its most recent quarter.

Categories: Business, US News