Audio Research in Receivership.


Papers were filed on Friday. Some say AR’s doors are closed for business. 

aberyclark

Showing 2 responses by rlstx

Our HT integrator's sales mgr. just told me on Friday that 2 Chanel audio sales are tanking nationwide. HT is still doing okay, but the "listening room" reference system sales are way down.

My comment about 2-chanel sales being way down was from a source that sells Sonus Faber, McIntosh and other high-end equipment. He had nothing to gain from telling me what he is hearing in dealer meetings and experiencing even in the "white-hot" home real estate market in DFW. While there may be a backlog of orders, they’re not getting replaced with new ones. Why else would Audio Advice recently run a sale on Anthem 8k AVMs and AVRs (yes I know, it’s not the same level as AR) that were really hard to find a year ago? We can thank our "overlords" for pumping all that cheap $ into the economy that is now much more restricted. Yes it was hearsay, but it is from a reliable source.