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Lego enters international brand rankings at number 82

TheCopenhagenPost
October 5th, 2015


This article is more than 9 years old.

Toy producer is the only Danish company featured in the top 100 most valuable brands

The international brand consultancy Interbrand has released its annual global rankings, rating the comparative value of the world’s biggest brands, and Lego is the highest-ranked newcomer at number 82 and the only Danish company in the top 100.

The report looks at the value of a brand in terms of how it affects the company’s financial performance. Only international companies are eligible, which is defined as those generating at least 30 percent of their revenue outside their home country.

Branding need for speed
It is the 16th time Interbrand has produced its list and Jez Frampton, the marketing firm’s CEO, thinks it is more relative than ever.

“The Best Global Brands report examines what it takes for brands to succeed in today’s hyper-fragmented world. As people demand immediate, personalised and tailored experiences, business and brands need to move at the speed of light,” he said.

“Many of the brands in this year’s Top 100 are so intuitively aligned with people’s priorities that they are able to seamlessly integrate into their everyday lives.”

Lego’s brand value is 5.36 billion US dollars (about 36 billion kroner), according to the Interbrand study.

Apple topped the rankings for the third time with a brand value of 170.3 billion US dollars (1,130 billion kroner), up 43 percent on last year. Google and Coca-Cola were second and third.


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Moreover, 21 percent of those surveyed admitted to medicating their kids with paracetamol, such as Panodil, before sending them to school.

The FOLA parents’ organisation is shocked by the findings.

“I think it is absolutely crazy. It simply cannot be that a child goes to school sick and plays with lots of other children. Then we are faced with the fact that they will infect the whole institution,” said FOLA chair Signe Nielsen.

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At the Børnehuset daycare institution in Silkeborg a meeting was called where parents were implored not to bring their sick children to school.

At Børnehuset there are fears that parents prefer to pack their kids off with a pill without informing teachers.

“We occasionally have children who that they have had a pill for breakfast,” said headteacher Susanne Bødker. “You might think that it is a Panodil more than a vitamin pill, if it is a child who has just been sick, for example.”

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Parents, when confronted, often cite pressure at work as a reason for not being able to stay at home with their children.

Many declare that they simply cannot take another day off, as they are afraid of being fired.

Allan Randrup Thomsen, a professor of virology at KU, has heavily criticised the parents’ actions, describing the current situation as a “vicious circle”.

“It promotes the spread of viruses, and it adds momentum to a cycle where parents are pressured by high levels of sick-leave. If they then choose to send the children to daycare while they are still recovering, they keep the epidemic going in daycares, and this in turn puts a greater burden on the parents.”