Vista Musical Instruments confirms that in January of this year the company acquired all trademarks of Iconic Manhattan music store Manny’s from Sam Ash Music Company.
Founded in NYC in 1935, Manny’s became known as a go-to destination on “Music Row” on 48th Avenue and catered to high profile acts including Jimi Hendrix, The Ramones, and The Who. In 1999, the brand was sold to Sam Ash, which kept Manny’s as a subsidiary before closing it in 2009.
Meng Ru Kuok, CEO of Vista Musical Instruments says of its acquisition, “Manny’s is an incredible brand with a rich storied history since it was founded on 48th Street, New York City in 1935. From supporting beginners buying their very first guitar to legends like Jimi Hendrix and Bob Marley, it’s unquestionable the impact Manny’s has made on the world of music. We’re proud and grateful to have the opportunity to shape its next chapter to ensure its legacy remains meaningful to future generations of musicians.”
David Ash, CEO & general counsel of Sam Ash Music Corporation, adds, “Vista Musical Instruments recognised the great value in the Manny’s trademark and purchased it from us back in January. We are pleased that they will be able to maintain the world famous Manny’s name into the future.”
Sam Ash began shuttering all retail locations in early May. The retailer eventually filed for chapter 11 bankruptcy, and established the procedure for auctioning off its assets. A “stalking horse bidder” — a party that will purchase the business as a whole, unless the action leads to a stronger offer — was established, leaving the future of Sam Ash as an MI retail entity a possibility. Currently the auction is scheduled for late this month (June).
