Lego will open 120 new stores in 2020

News

Lego will open 120 new stores in 2020

07.09.2020 News

Lego plans to open 120 new stores in 2020, according to Retail Gazette.

The company reported sales growth in the first half of the year. In quarantine kits were very popular, in particular, among adult consumers.

“About 80 new outlets will be located in China. Now the company has 612 stores worldwide,” – said Lego CEO Niels Christiansen.

According to him, the transition to online shopping before the pandemic helped the company during the isolation.

Specifically, in six months Lego managed to maintain sales and increase revenue by 7% – about 2.5 billion dollars.

Other articles

Read also

Lego will open 120 new stores in 2020
News

“Pan Kurchak” enters the European market

The “Pan Kurchak” agroindustrial group  got permission to export chicken to the EU. This is the third Ukrainian company, besides the MHP and “Agromars” Complex” that can ship products to Europe. Products designed for the European market will be produced at the facilities of “Gubin” poultry complex”, which were upgraded in 2015. “The advantage with […]

Next
Lego will open 120 new stores in 2020
News

Trump canceled the trade negotiations with China through a pandemic COVID-19

US President Donald Trump canceled the trade negotiations with China due to pandemic of coronavirus. The American leader has accused China in the spread of the virus in the world. The information was reported by Bloomberg. The trade agreement concluded in the first stage, which came into force in February, ensured a discussion of the […]

Next
Lego will open 120 new stores in 2020
News

Microsoft has announced to acquire TikTok in the United States by September 15

Microsoft announced the plan: to buy the fashionable social application TikTok, that owned by the Chinese company Bytedance Ltd, and confirms the long-standing efforts of the technology giant to occupy a niche in the digital advertising market, along with Facebook and Google. It is known that Microsoft intends to acquire TikTok’s business in the United […]

Next
Lego will open 120 new stores in 2020
News

Milovanov stated that the new lockdown will be easier for the economy

If re-rigid quarantine is introduced, the Ukrainian economy will lose three times less than during the spring lockdown. This was stated on ICTV by the adviser to the head of the President’s Office Tymofiy Milovanov. According to him, the second lockdown will be easier, because during this time the economy has adapted to the conditions […]

Next
Lego will open 120 new stores in 2020
News

Two large Swiss banks are preparing to merge

The CEOs of UBS Group AG and Credit Suisse Group AG plan to merge their businesses to create one of the largest banks in Europe. This was announced on Saturday, April 10, Bloomberg. According to the analytical publication, the Swiss financial holding Credit Suisse intends to merge with market leader UBS Group to cover losses […]

Next
Lego will open 120 new stores in 2020
News

Singapore Airlines makes a deal on the acquisition of Tiger Airways

One of the largest airlines in Singapore  – Singapore Airlines recently named the price for the shares in the acquisition  of the budget carrier Tiger Airways, which is about $ 0.10 per share. Today the Singapore Airlines company already owns a 77% stake in the Tiger Airways, a final deal on the acquisition  initially planned […]

Next
Lego will open 120 new stores in 2020
News

The net profit of the largest oil company in the world has almost halved

The net profit of the world’s largest production and reserves of Saudi oil company Saudi Aramco in 2020 amounted to $ 49 billion against $ 88.2 billion a year earlier. The decrease was 1.8 times, according to company reports. It is noted that 2020 has become one of the most difficult in the history of […]

Next
Lego will open 120 new stores in 2020
News

На Україну чекає найбільше в історії падіння ВВП

Падіння економіки України у 2022 році буде найбільшим за всю історію країни. Про це йдеться в інфляційному звіті Національного банку. “Військові дії зумовили глибокий спад економіки. Після шоку перших місяців війни вона поступово адаптується до нових умов, проте падіння ВВП у 2022 році буде найглибшим за всю історію України”, – йдеться у повідомленні. За базовим сценарієм, цього […]

Next
snymok
Analytics

Step by Step: How the Ukrainian economy met 2018

Ukraine begins 2018 with a fairly stable economic and political platform. In comparison with the catastrophic economic downturn in 2014 and the subsequent recession that lasted until the end of 2015, the economic growth of 2.2% in 2017 looks encouraging. The first step towards the exit from the permanent crisis is made, but the main […]

Next
Lego will open 120 new stores in 2020
News

«Syutkin & Partners» launch a new series of “Capital” at the 5th channel

«Syutkin & Partners» Law Firm prepared a new series of programs “CAPITAL”. The “CAPITAL” discusses topical issues of big business in today’s economic climate: tax audits, economic crimes, corporate conflicts, etc. You will hear the views of industry experts and recommendations of specialized lawyers. Qualitative law business support will save and increase your capital. The […]

Next
Lego will open 120 new stores in 2020
News

The company-owner TikTok was estimated at $ 250 billion

ByteDance’s valuation exceeded $ 250 billion, based on the value of shares in the secondary market, according to Bloomberg. The Chinese company’s share price has risen sharply in recent weeks as investors show more interest in ByteDance’s business, and its founder Zhang Ying is considering an IPO, the agency said. According to the analytical company […]

Next
Lego will open 120 new stores in 2020
News

Volvo was dropped from a height of 30 meters

Volvo dropped several cars from a height of 30 meters for crash tests. According to the automaker, such tests are very important for training rescue services. Volvo lifted the cars to a height of 30 meters with a crane, and then smashed them several times. Such a test allowed to simulate damage to cars at […]

Next
Lego will open 120 new stores in 2020
News

Ukrainian banks have earned 30 billion hryvnias in six months

In the first half of the year, Ukrainian banks received UAH 30.077 billion in net profit (+ 26.4% compared to last year), according to the press service of the National Bank. Thus, banks’ revenues for the six months amounted to 124.134 billion hryvnias against 128.620 billion hryvnias a year earlier. The negative result from revaluation […]

Next
Lego will open 120 new stores in 2020
News

Ukraine creates conditions for the development of hydrogen electric transport

The Ministry of Infrastructure has developed a draft order that will allow Ukraine to establish production of hydrogen-powered cars. This was reported on the website of the ministry. It is noted that today in Ukraine there are no requirements for hydrogen transport. These are electric vehicles on hydrogen fuel cells. They run on compressed hydrogen. […]

Next
regnum picture 1450082486615935 normal
Analytics News

Banking reboot

In the context of large-scale reformatting of the banking sector in Ukraine, many surviving banks declare responsiveness to credit requests. The experts admit that it is the right time to increase it. Last year the National Bank of Ukraine (NBU) reported a steady decline in total loans however business needs to be pushed to develop […]

Next
Lego will open 120 new stores in 2020
News

Buffett’s company increased a quarterly net profit to 87%

The investment company of billionaire Warren Buffett’s Berkshire Hathaway in the II quarter 2020 net income increased due to higher cost of investment after the rise of stock markets and the collapse in the first quarter due to coronavirus pandemic. During the reporting period the company received $ 26.3 billion in net profit to $ […]

Next