David Richards – Page 21

Watchmaker Garmin Brags It Has “Redefined” Hi-Fi, But Audiophiles Aren’t Sold

David Richards May 7, 2026 No Comments

The GPS and fitness-tracker giant has launched a $124,000 speaker system under its acquired JL Audio brand, staking a brazen claim in one of the world’s most unforgiving markets, with…

TCL Takes Aim at Samsung and LG with Landmark Display Innovations as Australian Expansion Accelerates

David Richards May 7, 2026 No Comments

TCL CSOT is making its most ambitious push yet into the Australian market, expanding its management teams and product ranges as it sets its sights firmly on dethroning Samsung and…

Arisit Distributed Whirlpool Facing Price Rises & Major Problems As Shares Tank

David Richards May 7, 2026 No Comments

Whirlpool, the iconic US appliance giant once immortalised in Australia through the famous “Does your mother own a Whirlpool?” advertising campaign, is facing mounting financial pressure as collapsing sales, rising…

JB Hi Fi Q3 Numbers See Shares Wobble

David Richards May 6, 2026 No Comments

JB Hi-Fi Limited’s Q3 FY26 trading update issued today paints a picture of resilient top-line growth battling increasingly tight supply chain and competitive headwinds. While the headline sales figures remain…

Sonos Eyes $40M Tariff Refund as Turnaround Effort Tries to Reverse Years of Underperformance OZ Back On Top

David Richards May 6, 2026 No Comments

Sonos, a company that arguably should never have found itself in prolonged operational trouble, is now attempting to recover as much as US$40 million in tariffs paid during the Trump…

EU’s Expanding Tech Crackdown Sparks Privacy Fears and Industry Backlash As OZ Gov Watches

David Richards May 6, 2026 No Comments

The European Union is facing mounting criticism over what some experts describe as a pattern of heavy-handed regulation—first targeting its own automotive sector, and now turning its attention to the…

Sonos Hit With A Double Whammy By Bose

David Richards May 6, 2026 No Comments

Just when Sonos appeared to be regaining momentum, Bose has delivered a major challenge, unveiling a new “Lifestyle Collection” that could put fresh pressure on its US rival. The new…

Retail stocks fall as RBA lifts rates to 4.35% amid inflation pressures

David Richards May 5, 2026 No Comments

Retail shares declined on Tuesday as the Reserve Bank of Australia (RBA) raised the official cash rate by 25 basis points to 4.35%, heightening concerns about consumer spending and earnings…

EB Games Owners $56 Billion eBay Bid Raises Red Flags as Analysts Question Deal Viability

David Richards May 5, 2026 No Comments

The owner of struggling EB Games has launched a controversial and highly ambitious attempt to acquire global e-commerce platform eBay, with analysts warning the chances of the deal proceeding remain…

Electrolux Appoints New Asia Pacific Head

David Richards May 5, 2026 No Comments

The Electrolux Group has announced the appointment of Bernard Chong to the role of Head of Region APAC, effective June 1, 2026 with the Australian operation reporting into the Thailand…