D+M Group (formerly D&M Holdings), continues their program of divesting businesses it determines are “non-core” to the company’s central focus on the consumer-based Denon, Marantz and Boston Acoustics brands. This week, we learned that the company has cut a deal to license the professional products businesses done under both the Denon and the Marantz brand names to inMusic Brands, Inc.. This move closely follows the announcement last month that the company was selling off the Calrec Audio business to Electra Parters.
Denon
Deconstructing D&M Holdings; Company Sells Calrec Audio and Explores Other Options
Former CEO Pacor Comments on Brand Acquisition Strategy
We learned last week that D&M Holdings, also known as the D+M Group, sold off its Calrec Audio brand to Electra Partners, a London-based private equity company. D&M received £14 million ($23.1 million) for Calrec, a designer of premium audio products and live-to-air consoles for the broadcast market. The move is part of a plan to divest itself of all non-core businesses, CEO Jim Caudill has said in press reports.
See more on the company’s aggressive strategy to unload non-core businesses… [Read more…] about Deconstructing D&M Holdings; Company Sells Calrec Audio and Explores Other Options
Aim High Audio Appointed Reps for Denon, Marantz & Boston Acoustics in Southeast
Aim High Audio Sales & Distribution announced that they have been appointed the manufacturer sales representative of record for Denon, Marantz, and Boston Acoustic brands for the Southeastern states. The appointment is effective immediately and represents a pretty serious expansion of brands available through the Marietta, GA-based rep firm and distribution company.
See more on this unexpected change by D&M in the Southeast territory… [Read more…] about Aim High Audio Appointed Reps for Denon, Marantz & Boston Acoustics in Southeast
Restructuring Causes Yet Another D+M Executive to Become Available
As D+M Group (formerly D&M Holdings) continues to work on improving their efficiencies through restructuring and consolidation, well-known industry executive Stephen Shenefield leaves the company to pursue new opportunities. Shenefield originally joined the company to help with the re-invigoration of their Boston Acoustics brand, but went on to see his involvement expanded into related products under the Denon nameplate as well.
See more on this new development… [Read more…] about Restructuring Causes Yet Another D+M Executive to Become Available
Denon Tries a New Tack in Receiver Design: Easy
Denon Electronics, part of the D&M Group, introduced a new receiver line-up on Tuesday that really embodies a trend they’ve been championing for a couple of years now – to optimize their products for consumers by making them “easy” (as in easy to hook-up and easy to use). In fact, the company calls this new receiver line-up their “E-Series” and say the design philosophy was actually four “E’s” – Easy, Exciting, Entertainment, and Experience.
See more on why Denon says this line is “easy”… [Read more…] about Denon Tries a New Tack in Receiver Design: Easy
Very Late to the Headphone Party – Is Onkyo Better Late than Never?
Onkyo has finally jumped on the headphone bandwagon, although they are about the last major audio component brand to do so. The company will formally launch its new headphone line at the International CES opening Tuesday in Las Vegas, NV.
As we had reported previously, Onkyo had hinted it would be moving in this direction at last year’s CES.
Is the Onkyo headphone line too late to the game? Or is it better late than never? [Read more…] about Very Late to the Headphone Party – Is Onkyo Better Late than Never?
Former Retail Shining Star Vann’s Declares Bankruptcy
Based in Missoula, Montana, Vann’s Inc. has been a shining star of the retail business – for years a hearty player in a rugged part of the country where only the strong survive. Founded in 1961 by Pete Vann, the company has steadily grown over the years – adding locations, diversifying retail formats, and even expanding into online sales. But signs of stress began to emerge this year with the company closing one location in February, then replacing long-time CEO George Manlove in June with a CEO from outside the company, losing the support of a key lender in July, and finally declaring bankruptcy just a little over one week ago.
How did this all happen?…. [Read more…] about Former Retail Shining Star Vann’s Declares Bankruptcy
Docking Solutions Open New Markets for Denon & Marantz
This week at D+M Group’s press presentation, the company focused on two major new product categories that appear to be targeted areas of growth for the company. After a general presentation with overview, the company broke up the rather large group of reporters into two sections: Group A, my group, went directly to a special display of docking products…or complete music systems with an iPod/iPad/iPhone dock. Group B went to headphones (see my report on Denon’s new headphone line here).
[Read more…] about Docking Solutions Open New Markets for Denon & Marantz
D&M Holdings Announces Sweeping Changes – Starting with Their Name
Even by late-May’s standards, it was an unusually hot and humid day this week as a major contingent of the tech press gathered up in Mahwah, New Jersey at the weirdest looking Sheraton you’ve ever seen – more rocket ship than hotel. We were summoned to a press presentation by D&M Holdings that promised to be more significant than those in the past. Little did we know that the heat of the day was presaging the hot presentation that was the subject of our gathering!
[Read more…] about D&M Holdings Announces Sweeping Changes – Starting with Their Name
Maybe Late to the Party, But Denon Headphones Arrive in a Big Way
At a major press event in New Jersey Tuesday, Denon announced a new company name, a new logo, newly restructured operations…and an imperative to create new products and expand into new markets. Technically, Denon has been in the headphone business for a while. But as part of a new more aggressive marketing strategy – the company has launched an all-new line of headphones designed for specific and tightly defined consumer segments. But wait…as infomercials and headphone product manager Petro Shimonishi liked to say…there’s more.
[Read more…] about Maybe Late to the Party, But Denon Headphones Arrive in a Big Way
