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You are here: Home / Archives for Woox Innovations

Woox Innovations

Gibson Investment Gone, Onkyo Sells Off European Operations

July 6, 2018 by Ted 1 Comment

In Restructuring, Company Scales Back to ‘Core Competencies’

onkyologoAll the way back in 2012, Onkyo Corp. and Gibson Guitar Corp. came together to partner in what both hoped would become an entity where the whole was greater than the sum of the parts. Just months after their announcement, Onkyo forged ties to another Japanese audio brand, Teac/Tascam – just as Gibson stepped in to buy a majority share of them…and the combined entity began to grow.

Little did they know that just six short years later, Gibson, the investor in Onkyo, would implode into bankruptcy – forced to extricate itself from its Onkyo aspirations. Onkyo was hit as well, losing its Gibson investment – forcing them to reassess their direction. We now learn that Onkyo has sold off its entire European operations to an accessory distributor known as Aqipa GmbH.

See more on this surprising announcement by Onkyo… [Read more…] about Gibson Investment Gone, Onkyo Sells Off European Operations

Filed Under: Asian Connection, Brands, Distributors, Industry Trends, Management, Manufacturers, News, Pivot Point, Strategy Tagged With: Aqipa, Esoteric, Europe, Gibson, Gibson Brands, Gibson Guitar, Integra, Onkyo, Philips, Pioneer, Tascam, Teac, WOOX, Woox Innovations

Options Narrowing as Gibson & KKR Talks Fail

April 11, 2018 by Ted Leave a Comment

Photo of Gibson CES promoWe learned last week that talks between Gibson Brands and deal making king KKR Credit Advisors fell apart in a dispute over “the appropriate consideration for the various parties involved,” according to a statement from Gibson Brands. As yet another bail-out opportunity slips by them, Gibson Brands sees their options narrowing, with an August deadline on a required financial restructuring of more than $500 million of debt rapidly approaching.

See more on this dire situation at Gibson Brands… [Read more…] about Options Narrowing as Gibson & KKR Talks Fail

Filed Under: Brands, Financial, Management, Manufacturers, News, Pivot Point Tagged With: Cerwin-Vega, Dave Berryman, David Berryman, Esoteric, Gibson, Gibson Brands, Gibson Guitar, Henry Juszkiewicz, Integra, KRK Systems, Onkyo, Stanton, Tascam, Teac, WOOX, Woox Innovations

Gibson Sells One Division & Cuts Staff in Another

February 28, 2018 by Ted Leave a Comment

Famous musicians using Gibson guitarsThe news and events surrounding troubled guitar and consumer electronics company Gibson Brands, Inc. seem to be moving at a rapid pace with almost daily revelations as the company struggles to survive ahead of a massive debt due-date just a few short months away. We learned over the last few days that Gibson has sold their recently shuttered Cakewalk Inc. division and laid off staff in their famous Custom Shop operation.

See more about the continued dramatic developments surrounding Gibson… [Read more…] about Gibson Sells One Division & Cuts Staff in Another

Filed Under: Financial, Management, Strategy Tagged With: Gibson, Gibson Brands, Gibson Guitar, Henry Juszkiewicz, Integra, Onkyo, Pioneer, Teac, Teac/Tascam, WOOX, Woox Innovations

Onkyo Sets New Global Strategy Focused On Portables & Headphones

May 14, 2015 by Ted Leave a Comment

Onkyo logoOsaka, Japan-based Onkyo Corporation says it has set a new global growth strategy that will focus on launching portable music players and headphones, thanks largely to resources it received in its acquisition of Pioneer’s home AV division. In an interview appearing in Japanese media, Onkyo President Munenori Otsuki said the world is entering “the age of portable music players.”

See more on this surprising shift of direction from a significant audio industry player… [Read more…] about Onkyo Sets New Global Strategy Focused On Portables & Headphones

Filed Under: Asian Connection, Brands, Management, Manufacturers, News, Pivot Point, Strategy Tagged With: headphones, Meridian Audio, MQA, Munenori Otsuki, Onkyo, Philips, Pioneer, portable music player, Woox Innovations

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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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