LEGO will be updating their pricing on some sets this August and September 2022 and this will affect approximately a quarter of all actives sets in the market.
This comes amid news of another year of record profits from The LEGO Group but as well as multiple challenges felt worldwide in all industries with logistical challenges, material price increases and food shortages.
The current global economic challenges of increased raw material and operating costs are impacting many businesses.
Putting consumers first is at the heart of what we do as a company, and for some time, we have absorbed these costs to keep pricing stable. However, as these costs have continued to rapidly rise, we have taken the decision to increase the price on some of our sets. This increase will come into effect in August and September.
The increase will differ depending on the set and prices will change on around a quarter of the portfolio. On some sets we will not alter price, on others there will be a single digit increase and on larger, more complex sets the percentage increase will be higher.
We will continue to work to ensure our products offer great value and full recognise how important this is to our fans and everyone who love our products.
THE LEGO GROUP
