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You are here: Home / 2019 / Archives for October 2019

Archives for October 2019

Classé to Launch New Delta Series Line in Triumphant Return to the Market

October 31, 2019 by Ted Leave a Comment

BREAKING NEWS

Classe Delta Series Preamplifier/DAC
New Delta Series Preamplifier/DAC [Click to enlarge]

With almost two years away from the market after their acquisition by Sound United in January 2018, Classé says it will return to the audiophile electronics market in January 2020 with the launch of their new even more upscale Delta Series line consisting of two new amplifiers and one new preamplifier/DAC. But after so long away, what will it take for the company to re-establish the brand?

See more on the return of Classé…

[Read more…] about Classé to Launch New Delta Series Line in Triumphant Return to the Market

Filed Under: Management, Manufacturers, Marketing, News, Products, Strategy Tagged With: Classe, Dave Nauber, Sound United

The Curious Case of the Disappearance of Classé

October 31, 2019 by Ted 2 Comments

BREAKING NEWS Acquired by Sound United Two Years Ago, Then Gone


Classe logo

It was January 2018 when I reported that Sound United had completed its acquisition of Classé, an acquisition which had been first announced in December of 2017. In the weeks leading up to that December, former owner Bowers & Wilkins was considering getting out of the electronics business…maybe. After months of confusion, where on any day executives at Classé teetered back-and-forth between survival and demise – it now seemed that Sound United had thrown them a lifeline…a chance to live to fight another day.

And then they dropped out of sight for the last two years…

What happened to Classé?…

[Read more…] about The Curious Case of the Disappearance of Classé

Filed Under: Brands, Financial, Management, Manufacturers, News, Pivot Point, Products Tagged With: B&W, Bowers & Wilkins, Bowers and Wilkins, Classe, Dave Nauber, Sound United

LG Smokes Q3 Forecast for Record Financial Results

October 31, 2019 by Ted Leave a Comment

LG OLED lighting

LG Electronics Inc. is on a roll, as evidenced by their fiscal third quarter results. The company says it has set an all-time record for third quarter revenues while at the same time booking their best quarterly profit in a decade.

See more details on LG’s Q3 results…

[Read more…] about LG Smokes Q3 Forecast for Record Financial Results

Filed Under: Asian Connection, Brands, Financial, Management, Manufacturers, News Tagged With: LG, LG Electronics, LG Electronics USA

Sharp & Foxconn Stiff Korean Factory Equipment Suppliers on Money Owed

October 31, 2019 by Ted Leave a Comment

Image of Sharp logo

Korean media is reporting that Sharp, the former Japanese powerhouse brand now owned by Taiwan’s Foxconn, is late on approximately tens or even hundreds of millions of dollars worth of payments to Korean factory gear makers. Not only are they late, but they are said to be demanding even more discounts on the outstanding debt owed to multiple South Korean suppliers of factory equipment destined for use in LCD production factories. All of this is being done in violation of covenants in their purchase contracts with these suppliers.

This dispute may raise to level of government intervention.

What is Sharp & Foxconn doing? And why?…

[Read more…] about Sharp & Foxconn Stiff Korean Factory Equipment Suppliers on Money Owed

Filed Under: Associations, Brands, Financial, Management, Manufacturers, News, Strategy Tagged With: Foxconn, LCD panels, Sharp, South Korea

Luxman Appoints John Pravel VP of Sales

October 23, 2019 by Ted Leave a Comment

Luxman America has appointed well known industry executive John Pravel as its Vice President of Sales. Previous to this appointment, Pravel was one of Luxman’s sales representatives in upstate New York.

See more on Pravel’s appointment at Luxman

[Read more…] about Luxman Appoints John Pravel VP of Sales

Filed Under: Management, Manufacturers, News, People Tagged With: Jeff Sigmund, John Pravel, Luxman

Housing Starts in Sharp Slide in September

October 21, 2019 by Ted Leave a Comment

Photo of construction workers

As the economy continues to show more signs of a slowdown, we can’t help but notice increasing volatility in the month-to-month readings of various statistics. The latest government data on housing construction starts is a great example of this. After a big jump in August, starts dropped in September by 9.4% – a larger than normal amount – from the revised rate in August.

See the surprising slump in housing starts…

[Read more…] about Housing Starts in Sharp Slide in September

Filed Under: Economic Trends, News, Statistics Tagged With: construction, housing, housing starts, residential housing

Giving No Ground, Lenbrook Launches Robust Retaliation to Sonos Lawsuit

October 20, 2019 by Ted Leave a Comment

Lenbrook Group logo

After receiving a stipulation allowing them more time to respond, Lenbrook Industries Ltd, and Lenbrook America, last week filed their response to the Sonos patent litigation they were hit with in June. It was a robust and smart response that clearly communicated that Lenbrook planned to give no ground in this dispute.

While perhaps not quite as audacious as the D&M response when they were first dealt the blow of litigation…Lenbrook offered a smart and savvy response that not only pushed back but seemingly undercuts many of Sonos’ core allegations..and patents.

Sonos v Lenbrook is heating up…who has the advantage?…

[Read more…] about Giving No Ground, Lenbrook Launches Robust Retaliation to Sonos Lawsuit

Filed Under: Brands, Law, Manufacturers, News, Products, Strategy, Tech Trends Tagged With: lawsuit, Lenbrook, litigation, patent infringement, patents, Sonos

Nortek Figures Prominently, If Not Always Positively, in Melrose Industries’ 1st Half Fiscal Results

October 18, 2019 by Ted Leave a Comment

Melrose logo

Melrose Industries PLC, a U.K. based investment group that purchased Nortek, Inc. back in 2016, released their fiscal 2019 first half financial results last month (for the period ending June 30, 2019). And while the results showed strong sales growth (thanks to a large acquisition) the company still booked a net loss.

Perhaps more interesting, was that Nortek’s Security & Smart Technology unit figured quite prominently in the document – often for the wrong reasons.

See why Nortek was so prominent…

[Read more…] about Nortek Figures Prominently, If Not Always Positively, in Melrose Industries’ 1st Half Fiscal Results

Filed Under: Financial, Management, Manufacturers, News, Strategy Tagged With: Melrose, Melrose Industries, Melrose Industries PLC, Melrose PLC, Nortek, Nortek Inc.

Retail Sales Declined for First Time in Seven Months as Economy Cools

October 16, 2019 by Ted Leave a Comment

Photo of Apple store in Chicago

In a new report by the U.S. Commerce Department released Wednesday, U.S. retail sales in September have broadly dropped for the first time in seven months. The report is seen by many economists as another significant sign of a cooling economy.

See more on the decline in retail sales…

[Read more…] about Retail Sales Declined for First Time in Seven Months as Economy Cools

Filed Under: Consumer Trends, Economic Trends, News, Statistics Tagged With: economic growth, electronics retailers, online sales, retail, retailers

Google Remains #1 in Search Ad Revenues, But is Feeling Some Heat from Below

October 15, 2019 by Ted Leave a Comment

eMarketer logo

New research data released by eMarketer on the search engine advertising market shows that Google, the perennial leader in search advertising revenues, remains in first place. However, the data reveals a strongly rising competitor coming in second. Who that competitor is just may surprise you.

See who is rising as a threat to Google…

[Read more…] about Google Remains #1 in Search Ad Revenues, But is Feeling Some Heat from Below

Filed Under: Brands, News, Research, Statistics

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Ted Green Bio

A former dealer, manufacturer, distributor & more. Focusing on business strategy, my goal is to help you make better decisions for greater success.

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