In a reorganization at Nortek, Core Brands, previously a freestanding, underperforming segment of the company, has been moved under the control of Nortek’s Security and Control Solutions Group, it was announced internally this week. With this change, Core Brands President Joe Roberts will now report to SCS Group’s President Michael O’Neal.
Archives for December 14, 2016
HiFiMan: Staking Out the Extreme High End of the Headphone Market
Launches $50,000 Headphone System
HiFiMan, the specialty maker of high-end headphones and portable music players, announced this week the launch of a “premium” electrostatic headphone system that they call Shangri-La. Calling it a “cost-no-object experience,” the Shangri-La system is priced to sell for $50,000 at retail. The price of paradise appears to have risen lately.