Nom: | Emerson Radio & Phonograph Corp.; New York, NY (USA) |
alternative name: | Emerson Television |
Brand: | Emersonette || Jewel || Mickey-Mouse |
Abréviation: | emerson |
Produits: | Modèles Brand |
Résumé: |
Emerson Radio & Phonograph Corporation (short: Emerson Corporation) Emerson Television and Radio Corporation (from the 1960`s onward) Trade names: Emerson, Emersonette, Jewel, Kadette, Mickey-Mouse Importer for Switzerland (Schweiz): Rosset & Cie., Genève. Emerson Radval Corp in New York made the "Emerson Multivalve" in the mid-1920s, but the company is unrelated. Radio tubes with the Emerson brand were made for the company by RCA from c. 1937 to 1964. These included standard receiving types in glass and metal. Some tubes not made by RCA were made by a few other companies but details are not known. |
Histoire: |
Wikipedia [Nov 19, 2009, EE]: Emerson RadioEmerson Radio Corporation (AMEX: MSN) was founded in 1948. It is one of the United States' largest volume consumer electronics distributors and has a recognized trademark in continuous use since 1912. The company designs, markets and licenses many product lines worldwide, including products sold, and sometimes licensed, under the brand name G Clef, a homage to Emerson's logo. History1915 - 1920 See also the separate story from Wikipedia below under Emerson Records. 1921 - 1940 1941 - 1950 1951 - 1960 Emerson Radio and Phonograph paid $6 million to purchase the consumer products division of Allen B. DuMont Laboratories, Inc. in 1958. With this acquisition, a higher-priced line of television sets, phonographs and high-fidelity and stereo instruments, along with the DuMont trademark was added to Emerson's products. Unfortunately, by this time, almost every U.S. household that wanted a TV set already had one, and many customers who were in need of another set were waiting for color television instead of buying a replacement. Sales fell from $87.4 million in fiscal 1955 to $73.9 million in fiscal 1956, when the company earned a paltry $84,852. A cost-cutting campaign by Abrams rebounded net income which reached $2.7 million in fiscal 1959 on sales of $67.4 million. In fiscal 1964 (Emerson's last full year of independent operation) it earned $2.1 million on sales of $68.2 million. 1961 - 1980 Between 1967 and 1971 the National Union Electric division lost about $27 million due to too little volume to cover costs. The division contracted out the manufacturing of television sets and some other home entertainment products to Admiral Corp., and laid-off 1,800 employees. In addition to importing some of its home entertainment products from the Far East, Emerson continued to be responsible for design, engineering, and marketing. In late 1972 National Union Electric announced that Emerson was discontinuing distribution of television sets and other home entertainment products. In 1973 Emerson sold its license for marketing products under the Emerson name to Major Electronics Corp. Founded in 1948 by Melvin Lane and incorporated in 1956, this Brooklyn-based company originally made children's phonographs. The company later diversified into the production and sale of a broad line of low-priced home entertainment products that included stereos, radios, and clock radios. In 1971 Major also began importing low-cost radios. By 1975 the company was only manufacturing portable phonographs. In 1976 the company moved its headquarters to Secaucus, New Jersey, and changed its name to Emerson Radio Corp. in 1977. By 1978 phonographs, radios, tape recorders and players, compact stereos, digital clock radios, and other low to medium-priced electronic equipment was being imported, assembled, and marketed, primarily under the Emerson name. Approximately 60 percent of its components were imported from the Far East and 20 percent from each Great Britain and domestically, and assembled in either Secaucus or Sun Valley, California. Emerson Radio dropped its last U.S.-made product, the phonograph line, in 1980 because it became unprofitable due to rising labor costs. Despite harsh competition, Emerson Radio raised its sales and earnings in fiscal 1980 to $81.9 million and $1.6 million, respectively. Their plan was to have their suppliers (mainly in Taiwan and South Korea) imitate Sony and Panasonic audio/video products and then sell them at a lower price. 1981 - 1990 In 1984, Emerson signed a 10-year contract with Orion Electric to produce a line of VCRs. In 1985, a compact disc player was introduced. TV sets and VCR's accounted for two-thirds of sales that year. Later that year, Emerson Radio moved its headquarters to North Bergen, New Jersey, and acquired H. H. Scott, Inc., a company that manufactured high-fidelity audio and visual equipment. Products were sold under the Scott name until 1991, the year the line was discontinued. In 1986 Emerson began importing and marketing compact refrigerators and Hi-Fi stereo VHS VCRs. Camcorders, telephones, and answering machines were added to its product line in fiscal 1988. In 1990 personal computers and facsimile machines were added for a major roll-out to more than 500 Wal-Mart stores. In 1988, Emerson Radio was sold to Panasonic. 1991 - 2000 In 1994, the company emerged from bankruptcy pursuant to a plan of reorganization and with $75 million in financing arranged by Fidenas, which had assumed a 90 percent stake in Emerson. It then issued 30 million shares, some of which were claimed by creditors. Legal battles ensued and continued until mid-August 2001. In early 1995, in an effort to cut costs, Emerson Radio licensed the manufacture of certain video products under the Emerson trademark for a three-year period to Otake Trading Co. Ltd. The company also licensed the sale of these products in the United States and Canada for the same period to Wal-Mart Stores. As a result, Emerson's net sales fell from $654.7 million in fiscal 1995 to $245.7 million in fiscal 1996, with the licensing agreement only providing about $4 million a year in royalty income. Also in 1995, Emerson Radio entered the home theater and car audio fields, and the $900-million-a-year home and personal security market with a carbon monoxide detector. The company planned to eventually extend their business in that market, but left it in fiscal 1997. Additionally, Emerson announced it would license the Emerson name to more than 250 audio and video accessories made by Jasco Products Co., an Oklahoma firm selling cables, remote controls, and appliance cleaning devices. Emerson announced in November 1998 that it had entered into an exclusive agreement with Team Products International, Inc. of Boonton, N.J., a distributor of audio, video and other consumer electronic product accessories in the United States and Canada. They promoted the sale of a wide variety of Emerson branded consumer electronic products and accessories. The owner of Fidenas, Geoffrey P. Jurick, had assumed the position of CEO of the company in 1992 and in 1998 he added the titles of President and Chairman of the Board. In December 1998 he held 60 percent of Emerson's common stock. Kenneth S. Grossman, a private investor, along with Oaktree Capital Management, a Los Angeles-based investment firm that held a smaller stake in Emerson Radio, proposed to buy Jurick's holdings in the company for more than $14.6 million. The offer was rejected as "inadequate." Emerson announced in August 1999 that it planned to sell to Oaktree for $28.9 million. When the licensing agreement with Otake expired, Emerson replaced the company with Daewoo Electronics, which entered into a four-year agreement to manufacture and sell products bearing the Emerson trademark to U.S. retailers. In 1999, Emerson also signed five-year license and supply agreements with Cargil International covering the Caribbean and Central and South American markets, along with WW Mexicana for certain consumer products to be sold in Mexico. They also had a licensing agreement with Telesound Electronics for telephones, answering machines, and caller ID products in the United States and Canada. Nearly 84 percent of its merchandise in 1999 was imported, primarily from China, Hong Kong, Malaysia, South Korea, and Thailand. Tonic Electronics (32 percent), Daewoo (22 percent), and Imarflex (12 percent) were its main suppliers. The company depended heavily on Wal-Mart Stores, which took about 52 percent of its goods in 1999, and Target Stores, Inc., which took about 24 percent. 2001 - present Emerson RecordsEmerson Records was a record label active in the United States between 1916 to 1928. Emerson Records produced between the 1910s and early 1920s offered generally above average audio fidelity for the era, pressed in high quality shellac. The fidelity of the later issues compares less favorably. In 1916 Emerson produced 7-inch records and 5½-inch discs with popular tunes, dance numbers and patriotic marches, mostly recorded by small groups of musicians hired in New York City. They were credited as the "Emerson Orchestra" or sometimes "The Emerson Symphony Orchestra". In January 1918 Emerson added a line of 9-inch records. After WW1, Emerson began an ambitious expansion of the business, and in 1919 it finally introduced a line of common industry standard 10-inch discs. |
Détails complémentaires fournis par les membres :
Mentions légales | Plus d'informations |