ANOTHER ONE bites the dust...

[Michaels HiFi]

Let's recap the last few months:

1) Lost their UK "factory";
2) Fired the last 5 remaining Tannoy employees;
3) moved all their inventory from their "factory" in the UK back to China where it was mostly all produced;
4) Had issues paying landlord monies owed and from what I hear have still failed to pay monies owed to him;
5) The new US distributor dumped them;
6) The German distributor dumped them;
7) They are not accepting any order for any items from anyone;
8) and now this latest update per the image below.

But don't worry, certain people on this forum said Tannoy is doing just fine (and attacked people talking about Tannoy who had direct information) and the previous head of Tannoy and previous distributor talking about Tannoy in a death spiral were all just lies...

Boy, must be great to be as smart as some of these forum "experts"...

 

[Shadowfax]

The writing was already on the wall when Fyne became a Player. Losing all your top people doesn't usually help a company prosper or survive. I am still happy with my Fynes and glad to see they keep selling more pairs.

 

[Michaels HiFi]

The writing was already on the wall when Fyne became a Player. Losing all your top people doesn't usually help a company prosper or survive. I am still happy with my Fynes and glad to see they keep selling more pairs.

Agreed. You had to dig pretty deep in the kool-aid to be claiming all was 'FYNE' with Tannoy and to try and take the stance it was false.

It's the same people who are claiming the customer with Taiko issues who also went public for all to see with his fight is lying.

At least they are constantly wrong.