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.
The net profit of the German automaker Bayerische Motoren Werke AG (BMW) for January-September 2020 decreased almost 1.7 times year on year and amounted to 2.11 billion euros. Adjusted earnings per share were € 3.2 against € 5.37 a year earlier. Annual revenue decreased by 7.1% to last year’s level – to 69.508 billion euros. […]
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