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The financial health of the high end industry
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Olafur Gunnlaugsson[_2_]
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The financial health of the high end industry
Žann 18.6.2014 17:04, skrifaši
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How are the major high end companies fairing in the present USA and world economic climate?
I am thinking of companies such as Audio Research, Conrad Johnson, JBL, McIntosh, Wilson Audio and non USA companies such as QUAD, Magico and MBL.
Just recently I contacted QS&D the USA distributor for QUAD to purchase an esl63 panel. Randy the co-owner with whom I had built an excellent relationship since 1991, told me that sadly QS&D closed their doors w.e.f Jan 1st 2014. A major cause was the continuing inability of QUAD to supply product on anything approaching a timely basis.
ESTG/
Quad the company has not existed for something like 20 years, the
current brand owner IAG is a humongous Chinese company that in addition
to manufacturing hi-fi, MI, pro-audio and lighting products under its
own brands like Mission, Wharfedale, Castle, Leak and Audiolab, owns
companies such as Luxman and manufactures as a contract manufacturer and
OEM for companies such as Korg et al. And more recently have started
manufacturing Yachts for some reason.
I am not aware of any supply problems with QUAD products, I am willing
to bet that the problem with the USA distribution were more local than
your source was willing to say.
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