David Richards – Page 250

Logitech Shares Crash After ‘Transformational’ CEO Quits

David Richards June 15, 2023 No Comments

Logitech shares have slumped after Bracken Darrell the CEO who has been credited with the transformation of the business suddenly quit. This morning Logitech shares are down nearly 13% after…

7% Of Sonos Staff Sacked As They Struggle From Poor Sales, Shares Slump

David Richards June 15, 2023 No Comments

Sonos shares slumped 3.7% last night, after the struggling sound Company moved to sack more than 7% of the workforce while also suspending ambitious research and development programs. A filing…

Swann Launches Top End Security Camera Into US Market

David Richards June 14, 2023 No Comments

Australian security Company Swann has launched their highly popular AllSecure650 2K Wireless Security System into the US market via Amazon. The system that does not rely on Wi-Fi has been…

CE & Appliance Suppliers Suffering As Market Starts To Go Pear Shaped

David Richards June 14, 2023 No Comments

A ChannelNews survey of leading suppliers to the consumer electronics and specialist audio channel reveals that several are suffering, with some suppliers reporting the worst trading conditions in over a…

BREAKING NEWS:Big Appliance Company Files For Bankruptcy

David Richards June 13, 2023 No Comments

The pressure got too much for Instant Brands, whose Instant Pot Pressure cookers and Pyrex glassware which is sold by the likes of The Good Guys, Amazon, Target, & Bing…

Motorola Starts Foldable War With $430 Bose Buds Deal On New Razr

David Richards June 13, 2023 No Comments

The foldable smartphone has kicked off even before Samsung has rolled out their new 2023 models. Earlier today Motorola rolled out a pre order deal with consumers offered a pair…

EXCLUSIVE: Two Directors Quit Cygnett Board, New Executives Appointed

David Richards June 13, 2023 No Comments

Weeks after Paul Santoro stepped down as the day to day CEO of Melbourne based accessories Company Cygnett, two additional directors have stepped down from the board. Santoro who is…

Focal & Naim Respond To Recent Claims

David Richards June 13, 2023 No Comments

Shares in Focal and Naim are not being sold to a new investor claims the Ver Vent Audio Group owners of the two audio businesses. Following our story last week,…

Will Masimo Be Forced To Sell Sound United After Board Fight?

David Richards June 12, 2023 No Comments

US medical Company Masimo should not have acquired Sound United” claims a major shareholder who has started a pitched battle against the medical Company in an effort to get two…

Electrolux Appoints Third Sales Director In Four Years

David Richards June 9, 2023 No Comments

Electrolux Australia is on their third senior sales director in four years after the dumping of one of the most respected men in the industry, a move that cost the…