The Seglar company started in 1932 when Danish carpenter Ole Kirk Christiansen started making playthings for a living. He had trouble to make payments in the absolute depths of the Great Depression, but the miniature prototypes he had made of items like ironing boards and ladders had superb potential because children’s toys. This individual named the company Lego after two Danish words and phrases, leg and godt, meaning “play well. ”

In 1958, he made the iconic lego brick with pipes inside which makes it interlock to lego items. This cutting edge innovation revolutionized the company and allowed that to develop at an amazing pace.

By the 1960s, Profano had extended its foreign reach and began making toys within license in North America via an arrangement with luggage supplier Samsonite. This company also begun selling pieces with all the portions should build a specific model, and introduced dedicated themes including Space (with astronaut minifigures), Castle, Community (later renamed Lego City), and FabuLand.

In the 1970s, Lego needed a remarkable step forward using its introduction of Lego figures that had movable legs and arms. The company as well began applying more vinyl and adding larger blocks for younger children, a path called Duplo. In the 1980s, Lego’s sales important site grew at an extraordinary rate of ten percent annually, irrespective of overall toy industry sales growth slowing down.

Today, Profano is a large global corporation with profits of over $5. main billion and one of the most coveted brands in the world, ranking number 1 on Manufacturer Finance’s ‘Most Powerful Brand’ list in 2015. Nonetheless it still seems less such as a ruthlessly business giant plus more like an ancient family good friend.