Why Lego Is Slaying the Toy Making Market

June 23rd, 2023· 2.0K views· 0:59
T
The Hustle

Get the 5-minute newsletter keeping 2M+ innovators in the loop: https://thehustle.co/ Lego is still going strong, boasting a 17% revenue increase between 2021 to 2022 — beating out both Hasbro and Mattel. Why is the 90-year-old Danish plastic-building-block company slaying? The answer lies in a combination of a banner year of expansion, an auspicious business structure, Harry Potter, and Star Wars. The company is also embracing the metaverse with open arms.