Lego said that apart from efforts to clear out its build-up of stock, consumer sales were flat, with a decline in established markets in North America and Europe balanced out with growth elsewhere including a double-digit upturn in China. The Danish toy giants are one of the most iconic, enduring and successful toy companies in history and the unassuming, colorful bricks that suddenly turn into devices of absolute torture when stepped on with bare feet remain incredibly popular with both the young and the young-at-heart to this day.
Lego is hoping to revive its flagging performance by increasing sales in Asia and embracing the digital age.
Lego's sales fell a year ago for the first time since 2004, after the company made too much stock, which it was forced to sell-off at a lower price.
In the late '90s, LEGO made an ill-advised decision to diversify away from colorful bricks, and into dolls, clothes, and books.
"We need to get LEGO focused on the right things", Christiansen said.
After 13 consecutive years of growing sales, LEGO have hit a bump in the road which has seen their profits slide.
"The target in coming years is to stabilise the business through continued investment in fantastic products, effective global marketing and improved operation", Christiansen said.
"There is no quick-fix and it will take some time to achieve longer-term growth", he said.
It has witnessed a strong potential for its business in China.
All in all, The LEGO Group reported a decline in revenue and operating profit for 2017, but ended the year in a better position. The company will open an office in Dubai this year to help boost sales in the Middle East and Africa. But analysts said the new offerings didn't perform as well as the Star Wars or "The Lego Movie" lines, fueling the retrenchment.
The company announced 1400 job losses last September as part of a drive to "stabalise" the company following the decline.
The Egyptian had one opportunity to extend his scoring streak to eight straight games, but Casillas smothered his low effort. However, that was one of few moments that got the home fans off their feet as Liverpool settled on their substantial lead.
US spy chiefs have told 21 states they WERE targeted by Putin's hackers before the 2016 US Presidential election. These advanced missiles, Putin claimed, travel low, stealthily and too fast for USA defences to intercept.
Moving inside, the C43 is now available with a 31.2cm digital instrument cluster, with three AMG-specific display modes. The wheels are also brand new for this facelift, and said to be aerodynamically optimised for improving air flow.
Adding Medicaid recipients makes Prime, and its expedited shipping for no extra cost, accessible to more people, Amazon said. Finally, as Reuters points out, there may be an additional motive behind Amazon's push for Medicaid members.
The rich notifications improve upon Android's current notifications by adding more context and potentially suggested replies. In Android P, users can expect messaging app notifications to become even more functional than what the current state is.
Xda reports that once Android P's new Bluetooth HID is enabled, developers will be able to add the capability to their apps. Although, the Bluetooth HID profile concept has been around for a while, but Google never supported it until now.
But unlike Warren, numerous measure's Democratic co-sponsors hail from rural states won by President Donald Trump . Mike Crapo , the Republican chairman of the banking committee, and several Democratic members on the committee.
Telangana Rashtra Samithi (TRS) members sought an increase in the job quota in the state beyond 50 per cent. Amid slogans by the Opposition like "Nirav Modi wapas lao" (bring back Nirav Modi), Deputy Chairman P.J.
Trump said the hefty tariffs aim to protect domestic industry as well as to counter persistent threats posed by Chinese products. President Xi Jinping changed the country's constitution to effectively allow him to be president for life.
Anything is possible and nothing is confirmed until Activision and/or Treyarch begin the annual hype train for the next title. And since Modern Warfare 3 , there has been a set rhythm to how the development process of the games works.
An eyewitness in the Lokayukta office, Jay Anna, complained of the protection being granted by the government to the Lokayukta. The answer is quite shocking! "There are multiple CCTV cameras.a metal detector and multiple people watching".