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You are here: Home / Archives for Financial

Financial

9 Years After Recession, Americans Still Feel Frugal

May 18, 2018 by Ted Leave a Comment

Gallup logoMy grandparents lived through the Great Depression (1929-1939) and it changed their lives forever. As kids, we used to think they were weird. They never threw anything away. Bent nail? “I can hammer it straight again!” Small amount of left-over paint? “You can add thinner and turn it into plenty of white wash.” Hole in a sock? They would darn it! Clearly, dealing with that time of great financial distress changed forever the way they felt about money, spending, and saving.

Since the last recession in 2009, Gallup has been conducting a poll on Americans’ attitude on spending. Read on to see the results – they just might surprise you…

See the results of the latest Gallup poll showing American frugality continues… [Read more…] about 9 Years After Recession, Americans Still Feel Frugal

Filed Under: Consumer Trends, Financial, Research, Statistics Tagged With: consumer, consumer spending

Sonos Cuts Nearly 100 Employees or 6% of Staff

May 18, 2018 by Ted 7 Comments

BREAKING NEWS

Sonos logoSonos Inc. confirmed late yesterday that it has cut 6% of its staff, or 96 employees, just days before a highly anticipated public offering expected as early as next month. The cuts are said to have been across all department and at all levels.

See more on what we know about the Sonos staff cuts… [Read more…] about Sonos Cuts Nearly 100 Employees or 6% of Staff

Filed Under: Financial, Industry Trends, Manufacturers, News, Pivot Point, Strategy, Tech Trends Tagged With: layoffs, Sonos, Sonos One

Painting the Gibson Bankruptcy by the Numbers

May 17, 2018 by Ted Leave a Comment

Gibson Memphis facility artworkWe have been closely following – first Gibson Guitar and then Gibson Brands – from their decision in 2012 to shoot for the stars by using OPM (other people’s money) to make highly leveraged…and highly questionable…acquisitions of various consumer electronics brands (a category in which the CEO and his team had no experience) to their recent 2018 bankruptcy. Gibson was trying to diversify their musical instrument business into something that now former CEO Henry Juszkiewicz called a music lifestyle brand. Instead, they wound up in bankruptcy.

Let’s look at what some of the numbers in the Gibson filings reveal… [Read more…] about Painting the Gibson Bankruptcy by the Numbers

Filed Under: Asian Connection, Brands, Financial, Manufacturers, Marketing, News, Pivot Point Tagged With: bankruptcy, Gibson Brands, Gibson Guitar, Henry Juszkiewicz, Philips

Leon Acquires Terra Speakers, Expanding Assortment

May 3, 2018 by Ted 1 Comment

Noah Kaplan of Leon Speakers
Noah Kaplan

Leon Speakers announced this week that it has acquired Terra Speakers in a transaction that is said to offer Leon a greatly expanded portfolio of high performance products targeted for the outdoor and commercial segments. The company says this acquisition provides “new residential and commercial business opportunities” with a company renown for rugged, all-weather outdoor speakers.

See more on this Leon and Terra transaction… [Read more…] about Leon Acquires Terra Speakers, Expanding Assortment

Filed Under: Financial, Manufacturers, News, Pivot Point, Strategy Tagged With: acquisition, James Banfield, Leon Speakers, Noah Kaplan, Terra Speakers

Docs Show Gibson Bankruptcy Bigger Than You Think

May 2, 2018 by Ted 2 Comments

Photo of Gibson CES promoFounded in 1894, it is a mark of their long-term brand success that Gibson has become such a large and far-flung international organization. In a cursory review of documents submitted to the court as part of their bankruptcy filing shows, legendary performers such as Muddy Waters, BB King, Elvis Presley, Pete Townsend, Keith Richards, Duane Allman, Elvis Costello, Lenny Kravitz, Slash, Dave Grohl, Joe Bonamassa all used various Gibson products that, in some cases, became a signature of that performer. And yes, the bankruptcy filing promotes these iconic names.

But from these Gibson filings, we’ve learned so much more… [Read more…] about Docs Show Gibson Bankruptcy Bigger Than You Think

Filed Under: Asian Connection, Brands, Financial, Management, Manufacturers, News, Pivot Point, Strategy Tagged With: bankruptcy, David Berryman, Gibson Brands, Gibson Guitar, Henry Juszkiewicz, Integra, Onkyo, Tascam, Teac

Gibson Brands Files for Bankruptcy

May 1, 2018 by Ted Leave a Comment

BREAKING NEWS

Filing Pre-Negotiated with Bondholders, CEO & Pres Stay thru Transition

Logo for Gibson BrandsGibson Brands Inc. announced today that it has filed for bankruptcy under Chapter 11 of the U.S. Bankruptcy Code. Chapter 11 denotes the company plans a reorganization and the company says it has reached an agreement with certain existing bondholders called a “Restructuring Support Agreement.” This agreement is with holders of more than 69.0% of the debt due in 2018

See more on this anticipated development… [Read more…] about Gibson Brands Files for Bankruptcy

Filed Under: Brands, Financial, Management, Manufacturers, News, Pivot Point, Strategy Tagged With: David Berryman, Gibson Brands, Gibson Guitar, Henry Juszkiewicz

Sonos Quietly Prepares for Public Offering in June

April 26, 2018 by Ted 1 Comment

Photo of both finishes of Sonos One
Sonos One

The Wall Street Journal is reporting that wireless music system maker Sonos is getting ready for the big time by planning an initial public offering. According to the report, the IPO could happen as soon as this July…or even June.

See more on this new of a Sonos IPO… [Read more…] about Sonos Quietly Prepares for Public Offering in June

Filed Under: Financial, Manufacturers, News, Pivot Point Tagged With: IPO, Sonos

Surprise Look at Nest Numbers: Smaller & Poorer

April 25, 2018 by Ted Leave a Comment

Look Quickly, You Likely Won’t Ever See These Numbers Again

nest logoFor the first time, because of a change in Google’s accounting, we get a look at the real financial numbers of Nest and analysts are truly surprised. It turns out, according to a report by Recode, that Nest is both smaller than many thought, and is losing a lot of money on an operating basis – so much so that it appears that any hope of profitability is far off in the future…if at all.

See what we’ve learned about Nest’s true operating financial results… [Read more…] about Surprise Look at Nest Numbers: Smaller & Poorer

Filed Under: Brands, Financial, Management, News, Strategy, Tech Trends Tagged With: Alphabet, Google, IoT, Nest

A Gibson Pile-On: Now Hit With a $50 Million Lawsuit

April 25, 2018 by Ted 3 Comments

Tronical logo

Gibson Brands CEO Henry Juszkiewicz has been very busy lately as he scrambles to arrange a $550 million bailout package in a desperate attempt to avoid bankruptcy for the storied brand. But he’s about to get a little busier as one of Gibson Guitar’s vendors, Tronical of Hamburg, Germany, sues the company for $50 million it says it is owed.

So now Tronical gets in line behind Gibson bondholders seeking payment… [Read more…] about A Gibson Pile-On: Now Hit With a $50 Million Lawsuit

Filed Under: Brands, Financial, Management, Manufacturers, News, Strategy Tagged With: G-Force, Gibson Brands, Gibson Guitar, Henry Juszkiewicz, Tronical

Florida’s C&E Mktg Acquires AV Biz of AVR in S.E.

April 12, 2018 by Ted Leave a Comment

C&E Marketing, a manufacturer sales representative firm based in Sunrise, FL announced last week that it has acquired the home AV division of Audio Video Representatives (AVR) based in Marietta, GA. C&E specializes in a wide range of custom integration lines, while AVR represents and distributes both mobile electronics and home AV lines.

See more on this expansion by C&E into the Southeast market… [Read more…] about Florida’s C&E Mktg Acquires AV Biz of AVR in S.E.

Filed Under: Financial, News, Sales Reps, Strategy Tagged With: acquisition, Audio Video Representatives, AVR, C&E Marketing, Florida, Southeast

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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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