Post by Owen Y on Apr 4, 2020 12:31:35 GMT 12
From a Press Release from the VINYL ALLIANCE:
" The economic impact of the COVID-19 pandemic is severe and hits the vinyl industry hard with a decreasing demand, closed stores, limited production, and transport bans. However, a quick survey amongst Vinyl Alliance members shows the commitment and resilience of the industry. "
" Even though many brick and mortar stores divert to online sales, sales are expected to drop heavily. Especially since Amazon, one of the biggest vinyl record dealers has temporarily moved its focus away from non-essential products. "
"...most pressing plants are still up and running. “...but new orders are down by 50%” "
" The biggest issue is the broken supply chain. Lockdown of air travel and reduced transport capacities led to a sharp increase in shipping rates. "
" The Vinyl business has one big advantage: it is blessed with loyal fans,... "
In case you're wondering, the Vinyl Alliance includes the following members:
" The economic impact of the COVID-19 pandemic is severe and hits the vinyl industry hard with a decreasing demand, closed stores, limited production, and transport bans. However, a quick survey amongst Vinyl Alliance members shows the commitment and resilience of the industry. "
" Even though many brick and mortar stores divert to online sales, sales are expected to drop heavily. Especially since Amazon, one of the biggest vinyl record dealers has temporarily moved its focus away from non-essential products. "
"...most pressing plants are still up and running. “...but new orders are down by 50%” "
" The biggest issue is the broken supply chain. Lockdown of air travel and reduced transport capacities led to a sharp increase in shipping rates. "
" The Vinyl business has one big advantage: it is blessed with loyal fans,... "
In case you're wondering, the Vinyl Alliance includes the following members:
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