Friday, August 31, 2012

Lego's new girl series causes jump in profits

COPENHAGEN, Denmark (AP) ? Danish toy maker Lego says a new series it created specifically for girls has proved popular despite being criticized for fueling gender stereotypes ? and has made first-half profit jump 35 percent.

Net profit rose to 2 billion kroner ($336 million), from 1.48 billion kroner the same period last year. The family-owned company says sales rose 24 percent to 9.1 billion kroner.

The company, based in western Denmark, sold twice as many LEGO Friends sets as expected during the first six months of the year.

Chief Executive Joergen Vig Knudstorp said Friday that "sales (of the new sets) have been quite astonishing."

When Lego Friends was launched earlier this year, it was met with petitions demanding to put an end to the sexualization of women and girls in media.

Associated Press

Source: http://hosted2.ap.org/APDEFAULT/f70471f764144b2fab526d39972d37b3/Article_2012-08-31-Denmark-Earns-Lego/id-0ef0e11c425b44e093978dcf9e45c312

godspell media matters hana taylor momsen xbox live update joan rivers gary carter dies

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.