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Apple Inventory Starts To Run Out Retailers Concerned

David Richards March 4, 2020 No Comments

Australia CE retailers are now concerned that inventory levels of suppliers could impact sales from April resulting in key categories such as smartphones and notebooks coming under “enormous pressure” according…

Garmin Admits Profit Will Drop In 2020

Camilla Theakstone March 3, 2020 No Comments

Garmin Australia who last reported a $4.4 million profit on revenues of $176 million are facing several challenges including Coronavirus supply issues alongside a predicted downturn following three strong years…

Focal & Naim Lifted Prices 40% After NA Distribution Was Dumped

David Richards March 3, 2020 No Comments

Recently the price of Focal and Naim products were lifted in Australia by 40% with local distributor BusiSoft claiming that it’s “in line with overseas price rises”. ChannelNews understands that…

Big W First Profit Since 2016, CE A Growth Category

David Richards February 26, 2020 No Comments

BIG W has reported a first half profit for the first time since 2016 with a restructuring of the consumer electronics categories contributing to some of the growth. The $50…

B&W Failed To Tell Local Management Of CEO Restructure

David Richards February 26, 2020 No Comments

Senior management at Bowers & Wilkins Australia were not told that global directors had quit the UK Company or that a turnaround operator had been appointed as CEO. According to…

BREAKING NEWS: Major Shake Up At Bowers & Wilkins As CEO Exits

David Richards February 25, 2020 No Comments

A major shakeup has rocked high end Hi Fi Company Bowers & Wilkins with two senior executives exiting the Company. Gideon Yu, the ex-Facebook CFO who acquired B&W back in…

Lenovo Q3 Performance Reach “Record High” Revenues

Jan Arreza February 21, 2020 No Comments

Lenovo Group marks the 10th consecutive year-on-year quarter of growth with revenues in Q3 2019 reaching a record high of US$14.1 billion, while pre-tax (PTI) and net income both saw…

Bose Tries To Grind Out Future After Store Closures

David Richards February 19, 2020 No Comments

Bose is on the outer and the big US sound is now struggling to work out where they go to next as brands such as Sony, Bowers and Wilkins, Harman,…

Notebook, Smartphone, TV Shortages Set To Get Worse By March

David Richards February 18, 2020 No Comments

Retailers and the B2b channel are facing critical notebook shortages according to intelligence coming out of China with shortages set to worsen by March 2020. While Notebook ODMs have resumed…

CBA & ANZ Urge RBA To Regulate Afterpay

Camilla Theakstone February 14, 2020 No Comments

ANZ Bank and Commonwealth Bank are throwing their support behind the Reserve Bank, saying regulatory action should be taken to enable retailers to surcharge customers who use buy now, pay…