I'm sure there's some truth to that. I'm sure the CFO pushed for that as it will create a cashflow positive company though.
I think those in the industry know who the good suppliers and manufacturers are over in China.
I'm sure there's some truth to that. I'm sure the CFO pushed for that as it will create a cashflow positive company though.
The key is selling in volume though. Hence the reason for my comment.I think those in the industry know who the good suppliers and manufacturers are over in China.
Art?Great art comes only from those willing to be vulnerable.
Art?
Hmmm. Engineering my friend!
Art?
Hmmm. Engineering my friend!
Be interesting one way or the other as to what he announces....suppose he's got some sort of no compete clause to contend with?
Maybe a Sony or a Yamaha lets him loose with an unlimited R&D budget and he designs knockouts for mass-produced prices.
I would guess that either a venture capitalist has offered to fund his own speaker company, or one of the Trillion dollar corporations has offered him a very high ranking leadership role at their audio department, and/or carte blanche.
They can do that on their own. Don't need AJ for that.
I reckon IAG is a possibility. He could resurrect their speaker brands like Leak, Quad, Castle, Mission and fire up Wharefdale with some new designs, too.
I would guess that either a venture capitalist has offered to fund his own speaker company, or one of the Trillion dollar corporations has offered him a very high ranking leadership role at their audio department, and/or carte blanche.
He has branded himself as a name in traditional Hifi circles. Never underestimate the person (engineer) and persona (character) in marketing, specially when the market for boxes-standing-on-floors is in terminal decline and the man likely got a loyal following.
Being a nice bloke and capable of crafting good gear certainly isn’t to be scoffed at if you want to stay in business.
The era of direct sales and all that…
Setting up a SOTA factory is really, really expensive. The equipment is measured in millions per machine, right from laminators, CNCs, vacuum presses, paint lines etc. Then you have the environmental issues now with low formaldehyde emission board being required just about everywhere and sustainable pine sources. I reckon it'd have to be an existing player in a low cost country with already existing scale.
As Don would say, just my 2 cents, microcent whatever.
The trad Hifi shops probably need to retool as restomod, gear auditioning and places of inventory rather than use slick personas for peddling wares.
Kind of ironic. That's what they all were like in the 70s, 80s and 90s. They all had service departments for both warranty and non-warranty work for their key brands. They all had listening rooms, comparators and backup stock out back, ready to go. They'd even sell you their brand new display floor stock if they had to to put money in the till.
The big problem of course is wages and tenancy costs (rent). Unless they owned the building, the rent was the real killer. Then the other outgoings, advertsing, electricity, lighting, cleaning, re-fits to stay fresh, etc. These days, the customers don't want to pay for all that, but they want the benefits.
No fat in terms of margin left. It's amazing there are any dedicated HiFi stores still around when you think about it. The value-adding of AV custom installs and smart-home bespoke design meant shopping around became harder, but we've all heard of deals where someone literally spent months on design work, only to have the customer go cold and ultimately take the entire concept to a competitor for a better price.