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Bang & Olufsen shuttering shops as AV sales stumble

Wednesday, January 16, 2013 7:32
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Bang & Olufsen will shutter up to 125 stores across Europe in an attempt to save money, the Danish style merchant has confirmed, after retail sales of the company’s high-design A/V products failed to keep pace with its automotive deals. Sales grew 5.5-percent year on year in September to November 2012, B&O announced, but that was Read The Full Story

source: http://feeds.slashgear.com/~r/slashgear/~3/5MN23l79JLI/



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