Over the next two years, Bang & Olufsen will stop production of televisions in their Struer factories. Around fifty factory workers will lose their jobs as consequence by 2015.
According to steward Karsten Grønholdt Hansen, approximately 75 positions to be affected although some staff will be displaced elsewhere. Production of televisions will be moved to the [...]
Luxury brands are joining forces to maximise their haul from Australia’s small but lucrative pond of high-net-worth customers, via lavish events a world away from the hard sell of the showroom floor.
It’s a concept known as affinity marketing - the selling of complementary products to the same target market - and works on the premise [...]
Bang & Olufsen today cut its outlook for the 2012/13 financial year as the crisis in Europe hurt revenue and the cost of a turnaround plan weighed on results.
The cut in outlook is the company’s second since the start of the year, as the luxury goods sector struggles with Europe’s long-running debt crisis and strong [...]
The just-commenced Chinese-calendar Year of the Snake (beginning 10 February 2013) rings in a new era of opulence for Dartz Motor Company, the Latvian luxury tank manufacturer. The Black Snake, the company’s first non-armoured vehicle, is based upon the Mercedes GL 63 AMG and aimed squarely at the Chinese market with an even more sybaritic model, [...]
