Vacuum Cleaners Discussions |
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CarmineD
Joined: Dec 31, 2007
Points: 5894
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Big Hit on the US/World Markets
Original Message Jan 21, 2008 2:11 pm |
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Early news reports in the USA are saying the London financial markets nosed dived today in the worse downturn ever. This comes on the heels of a 4 percent drop in the Dow Jones Industrials last week alone. Since today is a Federal Holiday in the US in observance of Dr. Martin Luther King the financial markets are closed. Not sure what impact the London market fall will have on the US markets--have to wait to see. What and how long will it take jaydee to realize that he needs to enter the low to middle price range vacuum market to stay competitive in the USA in the big box stores' venue? Any news yet on the 2007 dyson sales? Carmine D.
This message was modified Jun 27, 2008 by CarmineD
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DysonInventsBig
Location: USA
Joined: Jul 31, 2007
Points: 1454
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Re: Big Hit on the London Markets
Reply #141 May 6, 2008 4:20 pm |
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Hello DIB: LNT has 580 stores in US and CAN before shuttering about 180 stores. I posted several up that LNT pays its vendors CBD: Cash before delivery. Dysons are not in the stores and advertised anymore. Since LNT filed for Chapter 11 bankruptcy, dyson becomes a creditor along with many others. But may not get paid for years if at all. LNT plans to conduct business without interruption in the stores staying open which will be well stocked. For the going back to school period too, a busy time. BISSELL Healthy Home is prominently advertised and sold for $249 before discounts and $50 Gift card. I might make my purchase of the HH there. $150 after all the rebates and offers. 5 Year Warranty. Not too bad. Carmine D. Carmine, Yes I remember your post/s and links to the LNT credit troubles, etc. My info came directly off the Dyson v. LNT lawsuit filing. There is some inside or intriguing information there IMO. Sorry, it is not as you say… Today, Dyson’s are still being sold in LNT stores and online and have been advertised in Sunday newspaper insert/weekly ad until recently. Dyson cut LNT off in 12/2007 do to an outstanding unpaid $1.29m bill. LNT (presumably) retaliated and/or tried to save face with their customers by bad-mouthing the Dyson Corporation. Many stores in the country had orders to tell customers - Dyson was having production problems and that LNT would no longer be stocking their products, both verbally to customers and signage posted within their stores. - Which we know to be a lie. This is inside drama. DIB . P.S. A common complaint of the HH's is 1) it's heavy weight and 2) hair sticking to the shroud. Mark Bissell had to play it safe somewhat don't you think and not copy Dyson's innovations entirely? And so the belly bin and the non-perforated skirt on the shroud hurt the HH's ability to keep hair off the shroud. I LOVE IT! Mark Bissell's 130+ year old company has to copy the 14 year old Dyson Corporation’s innovation's (sorry, reverse engineered and not copy).
This message was modified May 6, 2008 by DysonInventsBig
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DysonInventsBig
Location: USA
Joined: Jul 31, 2007
Points: 1454
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Re: Big Hit on the London Markets
Reply #143 May 6, 2008 7:21 pm |
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Hoover was also unsuccesful at copying Dyson. Such praise the others bestow on Dyson with all that copying. Hello Hardsell, How proud a mother and father must feel knowing all their hard work putting their kids thru engineering and (patent) law schools, only so to get employment bunkering down in some dank hole somewhere reverse engineering Dyson innovations. Oh well, the Dyson team has created 2 segments (pricing aside) all to themselves – the DC24 and DC25. DIB
This message was modified May 6, 2008 by DysonInventsBig
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CarmineD
Joined: Dec 31, 2007
Points: 5894
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Re: Big Hit on the London Markets
Reply #144 May 6, 2008 7:53 pm |
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Hello DIB: Much is said and alot is only as good as the source/sources' perspective. Dyson will be hard pressed to collect the money owed form LNT. Maybe a percentage if lucky. IMHO BISSELL is an old company. Originally carpet sweepers which go back to the late 1880's. I'm happy to say that I still own a few wooden ones from that era. They still work well considering their age. I believe that the BISSELL Healthy Home is a sourced vacuum and not made by BISSELL but for BISSELL. Contrary to what some say and their surprise, copying in the vacuum industry is as old as the industry itself. It's always gone on. Although not mentioned, Oreck was THE first lightweight. All the others including your fave ARE COPIES! He had the 8 pounder when 30 pound metals were the norm for the vacuum industry. B-HH is heavy. I will buy and use and then gift away. Oreck is my preference now and will be until I find a better lightweight to replace it. And I'm looking. RICCAR/SIMPLICITY are high up on the list MAde in the USA, I hear. BTW, looks like another full sized yellow lab will be added to my household in the next few days. So the Oreck, and the BISSELL if I buy one, will get a good work out. Carmine D.
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HARDSELL
Joined: Aug 22, 2007
Points: 1293
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Re: Big Hit on the London Markets
Reply #145 May 6, 2008 9:15 pm |
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Hello DIB: Contrary to what some say and their surprise, copying in the vacuum industry is as old as the industry itself. It's always gone on. Although not mentioned, Oreck was THE first lightweight. All the others including your fave ARE COPIES! He had the 8 pounder when 30 pound metals were the norm for the vacuum industry. BBTW, looks like another full sized yellow lab will be added to my household in the next few days. So the Oreck, and the BISSELL if I buy one, will get a good work out. Carmine D. Other than the Dyson and vacs like the rainbow there wasn't a lot to copy. Same old technology.
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CarmineD
Joined: Dec 31, 2007
Points: 5894
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Re: Big Hit on the London Markets
Reply #147 May 7, 2008 8:54 am |
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DIB: I don't know if you have followed the bankruptcy proceedings of Lionel, a 108 year old company famous for hobby/model trains. In 2004 a federal jury ordered that Lionel pay a rival train maker [MTH] for trade secrets dispute of $39 million. Mr. Calabrese, the new CEO of a few months, filed for Chapter 11 knowing the payout could not be made by lionel He led lionel thru the restructuring. An appeals court overturned the decision by the jury and the amount. Ordered a new trial. Lionel and MTH recently settled out of court for an undisclosed amount and Lionel emerged from bankruptcy. 3 1/2 years later. Calabrese is a former Marvel Comics Exec, and under his tutalege Lionel has fared well with record breaking profits that are the best for the company in decades. BTW, up until recently LNT had one of the best array of vacuum brands for sale and the best vacuum advertising supplements. Always featuring dyson as its top seller with the infamous 20 percent off MSRP. These sales advertisements appeared semiannually and I trust will be collector items in the future. Carmine D.
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CarmineD
Joined: Dec 31, 2007
Points: 5894
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Re: Big Hit on the London Markets
Reply #149 May 7, 2008 1:24 pm |
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While most of you feel it is the unique Dyson Engineering that has attracted customers I strongly disagree. It is the first rate and quality Graphic Design and Marketing that is responsible for most of the Dyson success. Of course most people never realize how they have been manipulated or led (choose your word preference) into buying a Dyson or any other well marketed product. Lucky1: You must have seen the latest dyson brochure proclaiming the Asthma friendly certification. 2 pages of pics and narrative with scientists and engineers in white lab coats looking very serious and intent in their daily chores. HAve to hand it to Mr. Dyson very impressive sales work. Carmine D.
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