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Luxury watches retailer LK Boutique buys Bang & Olufsen Australasia
Interesting... for those who can't access the link maybe because of subscription
"Mr Kennedy said Emerald aimed to revitalise the Bang & Olufsen brand in Australia with a revamp of marketing, to tap into the growing confidence of consumers at the high-end luxury market." yay :-) They could also look to work on looking after customer loyalty too.
Their new motto could be: 'Watch out for B&O'.
M😁M
Location: Flensborg————Danmark
So maybe the North American stores next? What else is there left to sell?
So maybe the North American stores next? What else is there left to sell?
We are talking retail stores here, not development and production.
Does Bang & Olufsen have to own a B&O store/the B&O stores?
In Denmark there are a few company-owned, but the majority is owned by private people/franchise.
Why should it be a negative thing to sell some retail stores?
MM
Location: Flensborg————Danmark
It shows potential franchisees a distinct lack of confidence from the parent company.It basically implies you can't open a single franchised store only a country!Is it possible to sub let a franchise 🙂Why should it be a negative thing to sell some retail stores?
So maybe the North American stores next? What else is there left to sell?
In the US, the stores are not all the same owner. There are different owners
It has to be better than the Smorgon days [:\'(]If they are going to change the marketing down here that can only be a good thing, I don't even bother going into the Sydney stores anymore as they are uninviting"Not happy Jan!" Having lived through the pain of the B&O franchise in AU being owned by the Smorgon family I think this is a backward step.
The stores in San Francisco 2, New York 3, Atlanta, Portland, Beverly Hills, Seattle, Washington DC, and Palm Desert are all company owned stores. Eleven stores in the U.S. Their is another company that owns the stores in Chicago, Denver, Phoenix, Austin and Minneapolis.
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