(Author : Retail in Asia)
02Danish toymaker Lego has opened its first standalone store in Beijing this month, on the back on its successful Hong Kong store debut in August 2016.
Located on the fifth floor of Chaoyang Joy City, the Beijing store stocks the full range of Lego for adults and children including its Friends collection, targeted at young girls. The Beijing outfit boasts a ‘build your own mini-figure’ station, where shoppers can create their own lego characters piece by piece, as well as a PAB-Wall – short for “Pick-a-Brick” wall. Consumers are able to purchase the precise individual piece needed to complete their toys. The latest China store is developed and managed by Kidsland LCS Ltd, Lego’s main distribution arm in mainland China and Hong Kong.
In 2016, Kidsland opened Lego’s largest Asia store – some 4,000 square feet – in Hong Kong. Located at Langham Place in the city’s Mong Kok district last year, the flagship has proven very successful for the European kids retailer.
“Since our opening in August 2016, Lego Certified Store (LCS) Hong Kong has been pulling in the highest spending per square feet amongst all LCSs worldwide,” Dr William Lo, Vice Chairman of Kidsland International Holdings, told the Hong Kong Trade Development Council magazine, in a recent interview.
The store was designed to completely reveal Lego’s DNA. “We have been a partner with the Lego Group for over a decade,” said Lo. “As a Hong Kong-based company with a focus on developing children’s goods and toy retail business in China in the past, we are very honoured to open the first Lego Certified Store in Hong Kong. We strive to be coherent to the brand’s principles with an aim to inspire Lego fans of all age groups.”
In 2016, Lego reported revenues of 37.9 billion Danish crowns ($5.38 billion), while its Chinese sales are growing by 25-30 percent year-on-year.
Source : retailinasia.com