Lego

Lego To Phase Out Single-Use Plastic Packaging

(CNN) - Lego is going to be phasing out single-use plastic packaging in favor of recyclable paper. According to a Tuesday statement from the Lego group, the new bags will start to show up in Lego boxes in 2021.…

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…

Lego Sales Drop for First Time in 13 Years

(CNN) - Everything is not awesome at Lego. Sales are down for the first time in 13 years. The Danish company said Tuesday annual revenue dropped eight-percent last year. That ended Lego's long streak of rapid growth. Lego sales had…

Lego to Cut 1,400 Jobs by the End of the Year

(CNN) - Everything does not appear to be awesome at Lego these days. The toymaker announced plans to cut 1,400 jobs. That's eight percent of its workforce. The reason? Lego reported its first drop in revenue in more than a…