NEWS

Lego said to be increasing prices by 5% from January

Published on: 14th December 2016

An article from The Sun has claimed that Lego will be putting up prices next year due to currency fluctuations.

Lego-480A letter from Fiona Wright, vice president of Lego UK, which was shared on social media earlier this week, revealed that prices will increase from 1st January 2017.

It stated that the hike is a “direct result of the continued devaluing of the UK pound” and went on to say that the company may be forced to put up prices again in the “event of further negative trend”.

The letter also said that the company wishes the retailers the best for the next two months of Christmas trading – suggesting it was sent in November.

Details of the recipient have been withheld and there is no indication of where it originated from.

However, a spokesperson from Lego said: “As communicated to our retailers, The Lego Group will raise prices in the UK, due to currency fluctuations”.

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