Post by Citroen on Oct 27, 2022 4:40:17 GMT 12
"In a letter sent to its specialist dealer network this morning, Director Sam Encel said
I write to you with bittersweet news. For the past decade, our business has continued to grow strongly year-on-year. Paradoxically, we've achieved this revenue growth by focusing only on a select group of core brands. We're now one of the biggest independent hi-fi distributors in Australia and New Zealand by revenue, but we do it with one of the smallest brand portfolios in the business. The reason for this is focus.
The pursuit of this strategy requires vigilance and the making of occasionally tough decisions. In rare cases, we'll decide to cease our distribution of products where the resources required to maintain them detract from our ability to focus with intensity on our major partners
Interdyn Brands says it has decided to cease the distribution of PMC Speakers, Roon and Panasonic Blu-ray players in Australia."
www.stereonet.com/au/news/interdyn-brands-consolidates-distribution-portfolio
I write to you with bittersweet news. For the past decade, our business has continued to grow strongly year-on-year. Paradoxically, we've achieved this revenue growth by focusing only on a select group of core brands. We're now one of the biggest independent hi-fi distributors in Australia and New Zealand by revenue, but we do it with one of the smallest brand portfolios in the business. The reason for this is focus.
The pursuit of this strategy requires vigilance and the making of occasionally tough decisions. In rare cases, we'll decide to cease our distribution of products where the resources required to maintain them detract from our ability to focus with intensity on our major partners
Interdyn Brands says it has decided to cease the distribution of PMC Speakers, Roon and Panasonic Blu-ray players in Australia."
www.stereonet.com/au/news/interdyn-brands-consolidates-distribution-portfolio
