Audio Research in Receivership.

as far as I know (and I know 0), a business needs to 1) increase the prices or 2) sell more stuff to stay alive. If they sell something that a) very few people can buy and b) never breaks, they will have a problem (unless they also sell coke behind the warehouse)

But usually, with my business sense, doing the opposite of what I think would work is the right approach. So, no, don’t sell coke behind the warehouse.

Yes...the last 2 years were record sales years....haha..COVID....everyone was Home for 2 years...now people are back outside again and that's why sales have slowed considerably...look at the sales going on....You want to buy a hi fi piece of gear.....bargain with the retailer. I did and he discounted $$$$ off.

@ghasley I fully agree. From myself personally along with a number of friends and acquaintances, who've jumped into two channel, mostly due to my journey and setup.

Your post is very well said. There are plenty of younger people who have plenty of disposable income and a passion for the hobby, along with a growing variety of brands and choices in the market. Which is a great thing but does makes it even harder to pick new components with all the choices!

"It ain't over 'tlll it's over..." Receivership doesn't necessarily mean liquidation and closing the doors. Hopefully they can work out something with the creditors (who get less than 100% of what they're owed) and the company moves forward in their reorganized state.

I know that this may sound strange, but where a problem exist, there maybe an exciting opportunity.  The market maybe rough right now, but might a conglomeration of individuals come together to emerge this Phoenix.  I would be happy to speak with any members interested in pooling resources towards this venture.  Please DM privately to discuss.