Credit Downgrade for Gibson
Gibson Brands has had its credit downgraded by Moody’s, with the brand’s corporate family rating (CFR) dropping to Caa1 from B3. Poor sales of the 2015 guitar range, risk associated with…
Analyst concern over Gibson outlook
Gibson Brands had its credit rating downgraded, thanks in part to the poor consumer reception of its 2015 guitar range. The firm was downgraded by Moody’s Investors Service, which also…
JHS signs Austrian distribution deal
JHS has linked up with Austrian distributor Audio Boutique, which will be representing its Vintage electric and acoustic guitars, Santos Martinez classical guitars, Laka ukuleles and Pilgrim Folk Instruments throughout…
Swede wows internet with steampunk machine
As it’s F-F-F-Friday, we thought you might not want to miss this video that has been doing the rounds this week. Not sure what the RRP is, but it’s safe…
Rotosound giveaway at London Bass Guitar Show
Rotosound, is bringing its full range of string products and giving away a bass guitar at the forthcoming London Bass Guitar Show, taking place at Olympia from 12th-13th March 2016.…
DigiTech adds new Trio+ looper pedal
Following on from the launch of the DigiTech Trio, DigiTech has launched the Trio+ Band Creator with Looper. The Trio+ automatically generates bass and drum parts that match a song…
Ambitious ADG signs French distribution deal
Audio Distribution Group and Filling Distribution have entered into an exclusive strategic partnership, aiming to create a pan-European distribution business. Based in France, Filling Distribution distributes effects pedals and guitar…
Westheimer Corporation President Goldstein to Retire March 2016
Westheimer Corporation has announced that company president Larry Goldstein will retire on March 31. Goldstein’s retirement ends a celebrated 50-year career, the last 30 with Westheimer Corporation. Company CEO Laura…
Everett ‘Vic’ Firth Inducted into GC’s RockWalk
Dedicated to “individuals who have made a significant contribution to The Music Business”, the Guitar Center RockWalk recently welcomed Everett “Vic” Firth – world famous timpanist for the Boston Symphony…
Rosetti launches D&A stand
Rosetti has launched D&A Guitar Gear’s new six-legged Hydra stand in the UK. It uses three gravity-activated locking heads in order to secure three guitars, basses or other stringed instruments.…
ADJ Group Hires Juan ‘JC’ Faxas as Audio Product Director
ADJ Group has announced that Juan “JC” Faxas has joined the company as audio product director. Faxas will develop and expand ADJ’s audio product lines to meet the needs of…
D’Addario backs string recycling programme
D’Addario has hooked up with a global recycling scheme called TerraCycle to introduce a string recycling programme. The initiative is called Playback and claims to be the industry’s first string…