The Profano company was founded in 1932 when Danish carpenter Ole Kirk Christiansen started making gadgets for a living. He fought to make ends meet in the depths of the Great Depression, but the tiny prototypes he had made of items like ironing boards and ladders had wonderful potential for the reason that children’s toys. This individual named the business Lego after two Danish words, leg and godt, meaning “play well. ”

In 1958, he made the iconic profano brick with pipes inside that makes it interlock with other lego items. This cutting edge innovation revolutionized the company and allowed this to increase at an astonishing pace.

By the 1960s, Seglar had broadened its intercontinental reach and began creating toys within license in North America through an arrangement with luggage manufacturer Samsonite. This company also initiated selling pieces with all the pieces wanted to build a specific model, and introduced dedicated themes which includes Space (with astronaut minifigures), Castle, City (later has been renowned Profano City), and FabuLand.

In the early 1970s, Lego had taken a remarkable step forward using its introduction of Lego data that possessed movable arms and legs. The company also began applying more plastic-type material and releasing larger hindrances for younger children, a tier called Duplo. In the 1980s, Lego’s revenue grew at an extraordinary rate of ten percent each year, inspite of overall model industry product sales growth slowing.

Today, Lego is a massive global corporation with earnings of more than $5. main billion and one of the most coveted brands in the world, ranking best on Brand Finance’s ‘Most Powerful Brand’ list in 2015. Nonetheless it still feels less such as a ruthlessly industrial giant plus more like an older family friend.