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EXCLUSIVE:Confirmed, Big Retailers & Carriers Dump Sony Smartphones

David Richards February 3, 2019 No Comments

Sony Mobile who in the past have refused to confirm they are getting out of the smartphone business appear to have been dumped by mass retail JB Hi Fi and…

EXCLUSIVE:Tempo Secures Top End Philips Soundbars To Go With New OLED TV’s

David Richards February 2, 2019 No Comments

Leading Australian consumer electronics and appliance distributor Tempo, who supply leading retailers in both Europe and Australia has secured the rights to the Philips audio range spanning soundbars and the…

CE & Appliance Retailers Facing Tough Future Warns UBS

David Richards January 29, 2019 No Comments

Investment Bank UBS has warned Australian retailers who are facing a tough reporting season that they must invest in price, range and service online if they are to take on…

CES 2019: Marley & Jam Set To Grow Sound Offering In 2019

David Richards January 9, 2019 No Comments

According to Michael Tapp the General Manager at Homedics the distributor of House Of Marley, Sol Republic and Jam sound gear Australia is set to get several new products from…

Serious Questions Raised Over TEAC Inter Company Loans, Will ASIC Investigate?

David Richards December 4, 2018 No Comments

Australian retailers who stock TEAC products are today questioning the long term future of the business after the Company reported a loss of $2.4M. Questions are also being raised as…

EXCLUSIVE: Has Microsoft Paid To Keep Google Chrome Out Of Retailers?

David Richards December 4, 2018 No Comments

Several PC brands have claimed that Microsoft has pressured retailers to not stock Google Chrome devices in Australia, the retailers claim that there is not enough margin in the devices…

Are Women Set To Give Harvey Norman Stores A Miss?

David Richards November 28, 2018 No Comments

If the action of Chairman Gerry Harvey are anything to go by the big retailer is a boys club that he controls with women told to “piss off” for doing…

EXCLUSIVE: More Executives Quit Powermove, Brands Set To Be Next

David Richards November 22, 2018 No Comments

Adelaide based distributor Powermove has lost another senior executive the third in the last two months, the Company is also facing the loss of the Toshiba TV business and Philips…

JB Hi Fi Reduce Debt Levels As Harvey Norman Increases Theirs

David Richards November 22, 2018 No Comments

As Harvey Norman moves to increase its debit levels JB Hi Fi has moved to reduce their liabilities. Over the past year, JBH has reduced its debt from AU$559m to…

Harvey Norman: Debt Up Share Value Down, Questions Over Directors Pay, AGM Set To Be A Circus

David Richards November 17, 2018 No Comments

Goldman Sachs Group who recently went back to reporting on Harvey Norman has issued a sell rating on the stock ahead of this month’s AGM which is set to be…