EXCLUSIVE: Onkyo Insolvent, Struggling To Stave Off Bankruptcy
Ambertech brand Onkyo Corporation is insolvent and desperately looking for a solution to keep the business from bankruptcy. The Tokyo Stock Exchange... Read More
Gibson Brands Back In Business
Gibson Brands who generate around $15M in revenue in Australia has a new gig and a band of guitar loving executives running... Read More
Basket Case For Decades, Investors Move To Rescue Pioneer
It’s been a basket case Company in Australia for decades, now a major equity fund has moved to bail out struggling AV... Read More
Gibson Brands Face Being Sold As Directors Squabble Over Conflicts Of Interests
After moving into new serviced offices in North Sydney, Gibson brands is now facing the real possibility of being sold with directors... Read More
EXCLUSIVE: Philips Audio Gets New Global Distributor After Gibson Collapse
Three weeks after US Company Gibson Brands and Gibson Innovations, was placed into administration Philips have cut a new global distribution deal... Read More
Warranty Concerns For Philips Products, Following Gibson Brands Collapse
The collapse of Gibson Brands has sent shockwaves through consumer electronics retailers in Australia with concerns now mounting as to who will... Read More
EXCLUSIVE: TCL Cut Onkyo, Pioneer Deal In Talk With Philips After Gibson Brands Collapse
Chinese technology Company TCL is set to take over the Pioneer and Onkyo brands currently under the management of US Company Gibson... Read More
EXCLUSIVE: Onkyo Cuts Ties With Gibson Brands, Philips Supply Chain Falters
Japanese sound Company Onkyo has pulled the plug on the struggling US Company Gibson Brands according to sources at the Hong Kong... Read More
Gibson Set To Cut Philips Audio Rebates, No New Products In 2018
Australian retailers stocking Philips audio products could be in for a tough time as global distributor Gibson Brands struggles to survive. In... Read More
Gibson Brands Start Laying Off Staff, Philips Audio Business Threatened
Gibson Brands the Company behind Philips audio products and is the biggest shareholder in Onkyo has moved to lay off staff as... Read More