The death of ultra hiend audio
Verity and DarTzeel last year, now MBL, ultra high end audio manufacturers are facing their demise and they have nobody but themselves to blame. What do these companies have in common: too much investment in creating the very best and when that fails raising their prices bottom up to recover their losses and inevitably charging 2x what the same product cost just a few years ago. Ego, greed and poor management can only result in one thing!
@mitch2 ..."It appears those businesses may not have acknowledged their situations soon enough and were not nimble enough to adjust to changes in their markets before costs got out of control."
+1 Exactly. Ego & greed very very unlikely. You just don’t get into the high end audio business with these attributes / goal. You go to Wall Street, investment, crime or all of the above. |
