Surprised by that - not the sale particularly, but that they made a loss in 2019, turnover of €250m. You would think that as one of (if not the) leading headphone brands for decades, they'd have decent margins.
It defeats me how a company like Sennheiser manages to lose money in one of the hottest markets in the world. The growth in headphone technology has been stratospheric so they must have really missed a trick.
Went round their factory in Ireland a couple of years back. No OEM business, which is where they probably went wrong. I like my 650s but don’t use them that much
I think they made a decision a couple of years ago not to sell through the high end audio stores.
I was after a pair of HD 800s and perhaps one of their amplifiers but was told that Sennheiser no longer supported sales through those channels. As I would not purchase with out audition Focal reaped the reward.
Slightly saddened by this. Went round the Hannover factory a few years ago. Lovely people there, and they were really proud of the quality of their products.
Good to see it was 2 brothers still running it. The buyer does look to have a similar mindset and let's face it most of us users of the headphones will soon if not already need quality hearing aids!
I still have my HD414s bought at Uni in the 70s 3rd or 4th set of foam earpieces, replacement lead but still working beautifully. The over the head band is a bit discoloured but hey what a testimony to a quality but affordable original product still supported with spares.
I also have a set of Sennheiser noise cancelling phones and a set of quality earbuds so I am a loyal customer in return.
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