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EVA

EVA Automation Escapes Forced Bankruptcy; But Shuts Down Anyway

November 25, 2020 by Ted 1 Comment

eva automation executives
EVA Automation in happier times

EVA Admits ‘Financial Distress’ & A Business ‘Wind Down’

EVA Automation, the now former owner of Bowers & Wilkins (B&W) dodged a bullet when late last month U.S. Bankruptcy Judge, the Honorable Hannah L. Blumenstiel, entered an order dismissing the involuntary petition for Chapter 7 bankruptcy brought against them by Top Victory Investments Limited (whose attorneys use the acronym TPV). With that decision, a forced bankruptcy was avoided. However, as court records clearly demonstrate, the company did feel some pain as a result of this filing, and according to their attorneys were in the process of conducting an orderly shut down of the business.

Not only that, but we learn much more about EVA Automation‘s relationship with Bowers & Wilkins – and their degraded circumstances based largely on the failure of their Formation wireless speaker line marketed under the B&W brand.

Learn more about EVA Automation’s situation…

[Read more…] about EVA Automation Escapes Forced Bankruptcy; But Shuts Down Anyway

Filed Under: Asian Connection, Financial, Integrators, Management, News, Strategy Tagged With: B&W, Bowers & Wilkins, Bowers and Wilkins, EVA, EVA Automation, Gideon Yu, Top Victory Investments Limited, TPV

B&W Shows Signs of Its Resurgence as an Innovative Audio Leader

September 2, 2020 by Ted 2 Comments

New 600 Series Anniversary Edition from B&W
New B&W 600 Series Anniversary Edition

In probably one of the most meaningful media presentations I’ve attended, executives at B&W presented the industry media with their forward-looking product roadmap for the remainder of 2020 – most of it under embargo. So while I can’t tell you much about the products they revealed, what I can say is that they made a strong case for the resurgence of B&W as a leading audio power.

Learn more about my thoughts on the B&W presentation…

[Read more…] about B&W Shows Signs of Its Resurgence as an Innovative Audio Leader

Filed Under: Brands, Industry Trends, Management, Manufacturers, News, Strategy Tagged With: Andy Kerr, B&W, Bowers & Wilkins, Bowers and Wilkins, EVA, EVA Automation, James Krakowski

Creditor of EVA Automation Files Court Action to Force Them Into Bankruptcy

September 1, 2020 by Ted 1 Comment

Says EVA Automation Owes Them $30 Million

Last week, several sharp-eyed Strata-gee readers forwarded the news that was initially erroneously reported that EVA Automation had filed for bankruptcy in Northern California. Actually, a search of court records revealed that a creditor of EVA Automation – Top Victory Investments Limited – has filed an action with the United States Bankruptcy Court in Northern California seeking to force EVA Automation into bankruptcy. EVA Automation, as most Strata-gee readers well know, is a former majority owner of Bowers & Wilkins (B&W).

See more on the action against EVA Automation…

[Read more…] about Creditor of EVA Automation Files Court Action to Force Them Into Bankruptcy

Filed Under: Financial, Law, News, Strategy Tagged With: B&W, Bowers & Wilkins, Bowers and Wilkins, EVA, EVA Automation, Gideon Yu, Top Victory Investments Limited, TPV Technology Limited

Did AudioXpert’s Launch Succeed in ‘Exceeding Expectations’ as Their Tag Line Promises?

August 8, 2012 by Ted Leave a Comment

Photo of Eli Harary, President of AudioXperts at Press Conference
Eli Harary, President
AudioXperts

Last month, we reported on the pre-launch of a new brand…the rather boldly named AudioXperts – founded by well-known industry veteran, Eli Harary and the team of sales, marketing, engineering, and product specialists he assembled. This pre-launch announcement was then followed-up by an official launch at a press event in Manhattan on Tuesday of this week. For a lot of reasons, this was a notable event – not the least of which is that there are very few new companies launching in the current incredibly difficult industry environment. But this “birth of a brand” also – for a number of reasons – set a very high bar for expectations related to its launch, which drew a substantial press contingent.

Did AudioXperts live up to their “exceeding expectations” tag line?… [Read more…] about Did AudioXpert’s Launch Succeed in ‘Exceeding Expectations’ as Their Tag Line Promises?

Filed Under: Brands, Industry Trends, Manufacturers, Marketing, News, Pivot Point, Retailers, Shows & Events, Specialty, Strategy, Tech Trends Tagged With: 4TV, AirPlay, AirPort Express, Apple, AudioXperts, B&O, B&W, Bjorn's, Crutchfield, D&M Holdings, Dolby Digital, DTS, Eli Harary, EVA, Harman Consumer Group, HART driver, Hermes, Jerry Litcofsky, ListenUp, luxury market, Mercedes Benz, online sales, press conference, Protege, Saks Fifth Avenue, SpeakerCraft, subwoofer, UPP, World Wide Stereo

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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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