Iconic Danish hifi and electronic manufacturer Bang and Olufsen has announced that is to close up to 125 of its shops.
The company will also take control of its operations in China and Brazil where they are seeing rapid growth – The company is also experiencing good and rapid growth in Russia and India as those economies continue to flourish.
The UK has 74 Bang and Olufsen stores and most of the announced closures will be in the Europe market, but individual stores that will close have not been officially announced. Closures are expected to be within 18 months.
Read More Posts Like This
-
MOON’s ever-expanding network of distributors is back in full operation across the globe. To provide extra protection for both them and their customers, MOON has supplied special face masks. The…
-
Following unprecedented consumer confidence challenges pre-Brexit, Mitchell & Johnson is to close. British Hifi manufacturer has just got in touch with the following news: “We regret to announce that Mitchell…
-
The Issuu version of the Hifi Pig special from the Bristol Sound and Vision show is now available.
You must be logged in to leave a reply.